Category Archives: Business Prepaid Debit Card

3 Reasons Why Corporate Credit Cards are So Popular These Days

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Advancement in payment technologies has made it easier for businesses to conduct their day-to-day financial operations. According to a report by The Wall Street Journal, an increasing number of companies are now offering their employees corporate credit cards for simpler expense tracking and savings from suppliers. A recent survey by Strategic Treasurer, the “2017 B2B Payments & Working Capital Management Survey”, revealed an increasing acceptance of corporate employee expense cards among companies these days. Here…

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Bento for Business gets two software awards from FinancesOnline

By | Accounting, Business Prepaid Debit Card, Company News, Finance | No Comments

We’re happy to announce that Bento for Business scored big in a recent analysis by trusted B2B directory FinancesOnline.com. Reviewers gave their double thumbs up, scoring us an 8.0 out of 10 with a user satisfaction rating of 94%. They noted how our prepaid cards and expense management platform make it easy for business owners to control employee spending, prevent cash leaks, trim down operational costs, and make expense management more transparent. Additionally, we received the 2017 Rising Star Award and Great User Experience Award in FinancesOnline’s best expenses management software category. Experts…

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5 Reasons Why Your Employees Will Love the New Bento App

By | Bento Tips, Business Prepaid Debit Card, Corporate Debit Card, Mobile, Software | No Comments

Empowered Employees Are Happy Employees Are Productive Employees What makes your employees happy? While the conventional wisdom attributes employee satisfaction to a fat paycheck, it’s not always the case. As per a recent study, economists at the University of Warwick discovered employee happiness could lead to a 12% increase in overall productivity. When it comes to the employee satisfaction index in a small business setting, business expenses play a crucial role in empowering employees. When…

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How to Prevent Employee Theft and Manage Your Expenses Easier

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Managing a business or even just its finances is time-consuming and prone to a lot of headaches—employee theft, lost receipts, expense leaks, expense reports, etc. We know how much you’d love to spend time with your family or even grow your business, but the truth is your working hours don’t allow much free time. Isn’t there an easier way? A cost-efficient solution to managing expenses? Introducing Employee Expense Cards Yes, you can now say goodbye to…

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5 Reasons Why SMBs Should Avoid Business Credit Cards

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If you’re one of the 28 million small business owners in the US, and looking for ways to finance your business, you may walk away with the best solution at the end of this article. According to a Small Business Credit Card Survey conducted by the National Small Business Association (NSBA) in 2009, a whopping 59% of small businesses used credit cards to meet their capital needs. So, is running your start up with a…

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How to Get a Business Credit Card without a Personal Guarantee

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Business Prepaid Cards are an easy, affordable, secure and risk-free solution to business credit cards. While you might not think this is a viable solution, a few minutes learning about this new solution might open your eyes and change how you operate your business moving forward for the better. If you are a small business looking to streamline your purchases and minimize cash advances, while keeping your business expenses in check, business prepaid cards (aka…

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To Catch a Thief (No, Not an Employee)…With Bento

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Getting More Than You Bargained For Kevin signed up for Bento because he recognized that there had to be a better way to control employee spending, but what he experienced thwarting a thief surprised even himself in the power of the new business prepaid cards. The Boston Area Door Company (BADCO) installs commercial garage doors in and around the Boston area.  Owner, Kevin Pearce, manages a team of 5 installers who need fuel to power…

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How to Prevent Employee Theft in Your Construction Business

By | Bento Tips, Business Prepaid Debit Card, Construction, Employee Theft | No Comments
Employee theft isn’t necessarily very common, but in some cases, it’s good to have some sort of plan to prevent it or deal with it once it’s happened. The best defense is of course having good, trustworthy employees. However, larger companies have a harder time getting to know all of of their employees. If you do happen to have any issues with employee theft, or think that it could end up being a problem, here...
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Is Your Current Expense Management System Allowing Employee Theft? Probably.

By | Accounting, Bento Tips, Business Prepaid Debit Card, Finance | No Comments

Top Expense Management Problems & One Solution As a business owner, cash flow is always top of mind. You set rules and processes in place to ensure that every dime that comes in and out is accounted for – yet somehow cash still slips through the cracks. A significant amount of this leakage is due to intentional or unintentional employee theft, and it adds up to $50 billion per year for businesses in the US….

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How Big Data Can Help You get a Small Business Loan

By | Bento Tips, Business Prepaid Debit Card, Finance | No Comments

Non-traditional Ways That Banks Rate Your Creditworthiness If you’re looking to get a small business loan, it’s time to take down those photos of you drinking the tequila worm in Cabo on your Facebook page. As small business lending moves away from traditional institutions such as banks, alternative lenders are looking more and more at alternative sources of information to determine financial responsibility. And your social media footprint is just a small piece of that…

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