Reimbursement is an issue.
Employees around the world are effectively lending their employers millions every month through expenses, leading to a feeling they are, at times, acting as a bank to their own employer.
According to research Conferma Pay conducted in 2018, over 38% of employees in the UK and US use their own money to pay for work-related expenses at least once per month. The average individual expense claim is £72.20 and $110.90 respectively.
Looking for an easy guide to the interconnected world of virtual payments?
You’re in the right place.
The Pocket Guide to Virtual Payment is a business book series created by Festive Road and Conferma Pay to dispel all confusion around the existence, use and benefits of virtual cards for travel buyers.