Organisation solutions
Empowering people to spend funds
Traditional methods for disbursing funds can have real limitations. Reimbursing employees for the money they spend on company business can be a time-consuming process. And sometimes, it's simply not possible or appropriate to give certain people access to a conventional payment card.
A Barclaycard Prepaid programme can provide a secure, controllable and accountable solution, improving your fund's disbursement processes.
Cards can safely be given to those staff who need access to your organisation's money. The amount they can spend is determined by how much money you decide to load onto each card account, and the transaction controls you choose to apply.
Examples could include:
Petty cash disbursement
The disbursement of petty cash is always time-consuming, carries significant costs and is often vulnerable to errors and misuse.
With our prepaid programmes, manual processes can be automated, cash handling costs can be reduced and electronic controls can be implemented.
Travel and subsistence
The settling of expense claims generally requires endless paperwork – with forms to be filled, spending to be scrutinised and payments to be authorised and processed.
Our prepaid programmes enable you to simplify many of these processes. They give your staff a secure and convenient way to manage and settle travel and subsistence spending, anywhere in the world. And you can monitor and enforce travel policy compliance.
General purchasing
Managing purchasing and procurement processes can be a real drain on resources. Purchase orders or requisitions need to be raised and approved, and individual supplier invoices have to be settled.
