TranSend’s Business Expense Solutions help organizations to reduce expenses, streamline processes, enhance employee satisfaction, and improve their bottom lines. The consultative approach of the Business Expense Division enables a wide variety of companies to capitalize on the latest advances in prepaid card technology.
Payroll Solutions
It has been estimated that the process of printing and distributing paper payroll checks can cost employers as much as $2.93 per check. By reducing or eliminating the need to issue paper payroll checks, TranSend’s payroll card solutions can save companies a considerable amount of money each pay period. What’s more, for the 39% of the U.S. workforce who lack bank accounts, TranSend’s prepaid card programs provide a valuable additional employee benefit.
Corporate Disbursement Solutions
Many organizations issue one-time payments or reimbursements to employees through paper processes. This takes valuable time and resources and results in a high cost payment mechanism. By issuing
corporate disbursement cards, organizations can disburse funds to employees quickly and easily ultimately increasing employee satisfaction with the process and reducing expenses.
Benefit Solutions
TranSend also offers benefit card programs designed to improve the distribution of monetary benefits in conjunction with health care providers, insurance companies, and government agencies. By streamlining the distribution and reimbursement process, organizations can reduce the time an expense necessary to process paper claims and send out payments.
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