Business Solutions
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NxSystems™ Business Solutions can help your company control business expenses
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Payroll, incentive and flexible-spending cards represent the fastest-growing opportunities Wall Street Journal
NxSystems™ offers business solutions for companies that desire to control internal expenses, including:
payroll, commission, procurement, departmental and travel expenses.
| Payroll - Commission | Prepaid cards cut employers payroll processing, distribution and administrative costs Wall Street journal |
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| Payroll cards are a cost-saving and viable replacement for paper checks. For those employees that do not have a traditional bank account (the unbanked employee), or desire to have an alternative method for receiving payroll or commission funds, NxSystems™ Payroll Solutions offers a variety of domestic and international payroll options. | ||
| • | Direct deposit /ACH card funding (loading) | |
| • | Batch file options available | |
| • | Corporate online real-time reporting system | |
| • | Eliminate paper checks (and the costs associated with paper checks) | |
| • | Employee can electronically view transactions, check card balances, view monthly online statements | |
| • | 24 hour access to funds via ATM or point-of-purchase | |
Working with your monthly, quarterly or annual department budgets, NxSystems™ can assign specific dollar
values to your employee’s access to company funds, thereby ensuring that budgets are maintained.
| Travel Expenses | PREPAID CARDS ARE BEING TAPPED FOR GENERAL BUSINESS EXPENDITURES. INSTEAD OF REQUESTING A CASH ADVANCE, EMPLOYEES WHO TRAVEL INFREQUENTLY COULD USE PREPAID CARDS TO PAY FOR HOTEL ROOMS, OR MEETING PLANNERS COULD USE THE CARDS TO RESERVE CONFERENCE FACILITIES Wall Street journal |
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NxSystems™ offers a variety of domestic and international corporate travel prepaid debit cards that offer cost savings and allow businesses to control their travel expenses by allowing employees to only spend the amount authorized (preloaded) to their corporate travel cards. |
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| • | Save the time and expense of reimbursing employee paid travel expenses. | |
| • | Assign specific dollar amounts to each card account (direct deposit /ACH card funding) | |
| • | Card activity can be monitored in real-time (view transactions, check card balances, view daily, monthly, quarterly, annual statements | |
No longer will your employee have to charge travel expenses to their own credit card. Employee can electronically reconcile business receipts with travel card transactions. |
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| Procurement | PREPAID Cards are gaining interest for general business expenses Wall Street journal |
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Simplify the process of small dollar purchases by assigning a corporate procurement card to the departments that have purchasing requirements. Establish a daily, weekly, monthly, quarterly or annual purchasing limit whereby employees cannot spend more that the authorized dollar amount deposited to their corporate procurement cards. |
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| • | Department / employee has set spending limit | |
| • | Eliminate paper checks | |
| • | Eliminate petty cash | |
| • | Assign specific dollar amounts to each card account (direct deposit /ACH card funding) | |
Click Here to find out more about the NxSystems™ Business Solutions.
