Posted by
Anushka
on
Jul 16, 2023
Industry: Information Technology & Consultancy
Company Website: Power Workplace
Company Size: Less than 10 employees
Top Reap Card spend: Travel and Entertainment
Better budget control means higher margins
“More often than not, for us to thrive as a small business, budget control on projects is nothing but essential. With inevitable project delays into months, asking our project managers to keep paper receipts or even electronic receipts was impractical. It was like driving a car on a rainy day on a highway with the dashboard lights turned off. We weren’t able to maximise our profits as a business.”
“Reap Card has become our core payment solution for most, if not all, electronic transactions. We are now able to keep an eye on every transaction almost instantly. Any projects that are likely to go over budget can be identified immediately. As far as the profit margin is concerned, Reap Card has helped us save at least 5% on supplier transactions.”
Say goodbye to paper receipts
“Since we operate in a small office space, no one at the office likes the idea of storing paper receipts around. With Reap, we could digitise this process and enforce a clean desk policy.”
Before using Reap Card
Hard to control profit margin because of low project spending visibility
Always end up overspending
Had to store and organise tons of paper receipts
Not able to pay for Hong Kong tunnel tolls with the company card
After using Reap Card
Well-informed by the up-to-date project spend, making it easier for the team to control profit margin
Greatly reduce paper clutter and filing difficulties
Tunnel tolls can be paid using the Reap Card