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A better new way to move money when moving employees.
Features and Benefits
Consolidate Relocation Expenses
- Track relocation transactions on a daily, weekly, or monthly
basis.
- Capture and interface relocation purchases directly into the
general ledger.
- View relocation spending for individual employees with online
reporting tools that provide customized reports.
Empower Your Employees
- Create an easier and more efficient way to pay for relocation
purchases.
- Relieve employees from having to cover relocation expenses and
eliminates the need to wait for reimbursement.
- Provide immediate access to relocation funds, 24 hours a day/7
days a week/365 days a year.
- Save the time it takes to submit expense reports.
- Offer convenient, online access to balance information.
- Enhance employee satisfaction through an additional employee
benefit.
Reduce Program Costs
- Cut costs by reducing relocation administration time.
- Improve
tax reporting and record keeping by accurately recording all relocation
expenses-regardless of whether you treat them as taxable business
expenses, or as employee bonuses.
- Control
costs by setting spending limits for each card and by limiting employee
access to cash advances and certain merchants through merchant category
code blocking.
- Increase productivity by reducing check cutting and issuing.
- Maximize program tracking by generating comprehensive MIS
reports.
Implement the MasterCard Relocation Card Program
- Your
issuer partners with you to manage your Relocation Card program by
enrolling employees, distributing cards and providing ongoing support.
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