We’re sure you’ve witnessed this first-hand, but traditional banking isn’t a great fit for the way businesses work. So – to pay for expenses – companies add corporate credit cards, travel desks, and employee reimbursements to a bloated list of financial hacks.
Each solves a different problem. Senior staff share credit cards to pay for medium-sized costs, like training. Employees buy items like fuel and food out of their own pockets for later reimbursement. Travel desks pay for travel expenses like hotels and flights.