Most modern companies open their own corporate account. After all, this format of financial management has a huge number of advantages, which we will talk about next.
What is a corporate account?
By opening a corporate online account, you get the opportunity to provide your employees with the funds they need for work.
But the main advantage is the possibility to control all cash transactions in real-time. After all, information about expenses is immediately recorded in the client’s personal account.
You can open a corporate account to which you can link an unlimited number of cards. So all employees will have access to finances when they need it. Also, accounts can be opened directly for the employee.
The funds on the card can only be used for business purposes. As a rule, these are business trips and other expenses related to customer service, working with partners.
At the same time, a single business account allows you to control all processes, even the most insignificant ones. This eliminates the risk of manipulation and fraud, as every action is recorded.
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Advantages
You can open a free online account in minutes. You no longer have to go to the bank and waste valuable time. Everything can be done at any time convenient for you.
In order for you not only to gain full control over your finances but also to get rid of routine work, we recommend activating the automatic card replenishment function. By selecting the frequency and amount once, the money will be transferred automatically.
Also, a business current account allows you to send money to any client, regardless of the actual location of the employee or owner of the account.
Accordingly, you eliminate the risk of unforeseen situations and simplify the process of financial communication with employees and partners. After all, any transaction can be performed in a matter of minutes.
You can also open a business account to transfer employees’ salaries to their cards. This way you will always have access to reports and get rid of paperwork. At the same time, your employees will always receive payments on time.
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So the WestStein prepaid card is not only one of the safest, but also the most universal. After all, it allows you to automate a number of financial tasks that small and medium-sized business owners face.
