Open a Qbit Employee Card for a better expense management experience!
发布时间：2024-09-20
Enterprises expanding into the international market will not only have business opportunities and challenges, but also complex financial management needs, especially in the areas of cross-border expense management, travel expenditures and advertising. Traditional expense management methods can no longer meet the diversified needs of modern enterprises, and the launch of Qbit Employee Card brings a smarter and more convenient expense management solution to help enterprises easily meet these challenges.
Pain points of traditional expense management
1、Employee advances pressure: In the traditional expense management model, employees often need to pay for company travel, procurement or advertising expenses out of their own pockets, and then reimbursement afterwards. This not only brings economic pressure on employees, but also may lead to financial risks and management problems.
2、 The reimbursement process is cumbersome: the traditional reimbursement process usually contains multiple links, such as expense submission, approval, accounting and payment. Cumbersome processes can easily lead to inefficiency, affecting employee motivation, but also increase the workload of the financial department.
3, the lack of real-time, transparent monitoring: enterprises are difficult to monitor each expense in real time, especially cross-border expenditures, often need to wait for the reimbursement submitted to know the actual expenditure. This lag makes it difficult for enterprises to accurately grasp the flow of funds and adjust budgets in a timely manner, resulting in wasted funds or unnecessary expenses.
Source: Qbit
Employees who need to travel frequently can use the Qbit Employee Card to pay for various expenses during the travel process. For example, they can pay for hotel accommodation, air tickets, car rental and transportation fees, and meals at local restaurants through the Qbit Employee Card, without having to pay for the expenses on their own, so they can travel without worry! The Qbit Employee Card completely eliminates the trouble of advancing payments to the employees, and simplifies the process of tracking and reconciling the expenses, thus enhancing employee satisfaction.
No more worries about reimbursement! Traditional reimbursement processes require manual processing, which is not only cumbersome and time-consuming, but can also lead to lags in the reimbursement process and delays in the release of financial reports, which greatly affects operational efficiency.Qbit Employee Card provides a convenient download function for transaction expense reports, which saves hours of manual processing time and ensures that the data is processed accurately and in a timely manner.
Qbit Employee Card's transaction tracking functionality has been recognized by many organizations as a challenge in monitoring the flow of funds. This feature meets the need for real-time monitoring of expenses, allowing employees to stay within budget and manage their spending in a more manageable manner. Moreover, once abnormal activities are recognized, administrators can take immediate management measures on the card, which to a certain extent can improve the accuracy, security and efficiency of financial management.
In addition, the Qbit physical card can be easily applied for online, and can be used to enjoy the convenience of “ATM cash withdrawal”, “domestic spending”, and “no FX fee for local currency spending”.
*If you need a Qbit Employee Card, you can apply for it online. Follow Qbit for more financial solutions!
