How a procurement card reduces unintended purchases
Businesses have to make many different types of expenditures needed to operate. The purchasing process can be time-consuming and costly for most businesses, and the transaction cost may be the same for all purchases regardless of their amounts. Traditional procurement processes involve requisitions, purchase orders, invoices, and check payments. The process may cost the same […]
What is a ghost card, and how do they work?
What Is A Ghost Card, And How Do They Work? As your business grows, it is important for you to have a card that is scalable and flexible for your company so that it can continue to meet your purchasing and expense tracking needs. Procurement cards that are given to individual employees to make purchases […]
How do non-profit business credit cards work?
Like other types of small businesses, non-profit companies may want to have greater flexibility when they need to make purchases or to pay for expenses. Some businesses want to get credit cards to provide more flexibility, but non-profit business credit cards may be difficult for companies to obtain. Non-profits are unique because they do not […]
Non-profit credit cards explained
The widespread use of the internet has led to businesses of all types turning to electronic payments as a way to reduce processing costs while automating more of their expense management. Many non-profit companies use non-profit credit cards as a method to manage their expenses more efficiently. However, credit cards bring their own risks and […]
Non-profit debit cards make expenses transparent and help prevent fraud
Non-profit companies need to be able to make purchases to operate smoothly and efficiently. Some non-profits use request and approval processes for purchases that are inconvenient and make it difficult to for timely purchases. Others rely on their employees to purchase items with their own money and to ask for reimbursements with forms that may […]
Non-profit management made simpler
Non-profit management involves much more than managing employees and the daily operations of the companies. A large component of management for non-profit business is expense management. While non-profit managers may think that they are unlikely to be the victims of fraud, they are targeted just like other types of businesses. Many non-profits do not have […]
Purchasing card software improves business accounting
Businesses need to have access to money when it is needed to make purchases. Businesses that use antiquated methods may not have the money that they need when they need to pay for expenses or to make purchases. Traditional payment methods may take significant amounts of time. People may need to submit purchase requisition forms […]
Virtual Prepaid Cards Vs Virtual Debit Cards
Overview What Is a Prepaid Virtual Card? Who Should Be Using Prepaid Virtual Cards? What Is The Difference Between a Virtual Prepaid Card and a Virtual Debit Card? What Are The Best Options For A Virtual Card? Small businesses often struggle to manage their expenses. Managing expenses can take a substantial amount of time, but […]
How to find the best prepaid credit card
If you are like most small business owners, you likely have plenty to worry about when it comes to running your business. One of the last things that you might want to have to worry about is the risk that one of your employees might choose to steal from your business. However, fraud is a […]
How to find the best business credit card offers
To run a small business well, you must have access to money when you need it so that you can make timely purchases and payments. While you may have the funds in your business account, your business may have a process that you have established for purchases so that you can manage and control your […]
Commercial business cards streamline expense management
Businesses need to be able to make payments and purchases in a timely manner. Relying on older systems that involve requisitions and purchasing orders may take too much time and have high transaction costs. This is why Bento’s all in one spend management solution is changing the game. As an increasing percentage of payments in […]
How a debit card is actually one of the best business credit card offers
Small businesses often need more flexibility in how they process the payments that they need to make and may consider applying for credit cards. Business owners who apply for credit cards to use for their businesses should not pay for business expenses on their personal cards, however. This can blur the lines between what is […]
Debit cards for business make accounting and expense management a breeze
Many businesses want to find a payment solution that helps them to manage their expenses more efficiently while also buying items that they need in a timely manner. Commercial credit cards are one way that some businesses gain flexibility in making purchases, but they may not be the best option. Small businesses may be better […]
Expense Fraud Hurts Businesses
Some challenges make you stronger and smarter. Others obliterate your hopes of moving forward. Expense fraud is a perfect example of such hardships: There’s no guaranteeing that you’ll be able to keep your company’s doors open afterward, so prevention is the ultimate cure. Following these tips might limit your losses the next time someone decides […]
Pcards streamline payment processing
As your business grows, you might find that it is increasingly difficult to keep your expenses under control. Having strong expense management tools at your business is crucial for its business health. Small business owners may not have the resources available to them or the time that they need to effectively manage their purchases on […]
