If the supplier is not yet in the company database, it must first be stord there before the order (step 3) can be processd. A complex process, especially when you consider that many ad hoc purchases are only made once and their spending volume is comparatively small. More home office: decentralizd purchases are increasing Another factor is addd to the boom in online trade: More and more employees have remote or hybrid jobs – and the topic of working from home in particular continues to enjoy high priority.

Cryptocurrencies Are Likely To Find Wider

The sum of these two circumstances means a continuous increase in decentralizd purchases for companies – and ensures, among database other things, higher administrative costs with rducd transparency of expenditure. The existing payment processes are both complex and too slow. While employees appreciate the flexibility and fredom of being able to meet their obligations from home, they still ned important resources. A crdit card is usually requird to purchase these online.

Offer A Corresponding Payment Solution

However, since not every employee has a company crdit card, private prepayment remains the only viable solution. Even if it will America Phone Number take some time before the employer or the accounting department will reimburse this amount. The fact that the latter only finds out afterwards that costs were incurrd also stands in contrast to solid budget planning.