Insperity ExpensAble Plus MasterCard® Provides Proactive Expense Control Solution for Businesses
July 16 2013 - 8:30AM
Business Wire
Insperity, Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced the launch of the Insperity®
ExpensAble® Plus MasterCard®. This breakthrough solution gives
companies unparalleled front-end spending control through the
integration with the Insperity® ExpensAble® Corporate expense
management automation solution.
“The integration of the expense control card with our expense
management software and mobile app has changed expense management
from a reactive to a proactive process,” said John Tangredi,
Insperity® Expense Management division president. “Spending
policies are traditionally enforced after costs are incurred, but
the Insperity ExpensAble Plus MasterCard allows businesses to
allocate funds for specific expenses in advance and also rescind
unused balances. This has enabled customers in our test market to
generate savings of up to 30 percent of total employee
expenses.”
Businesses have complete control over spending allocations with
the ability to reload the Debit MasterCard or rescind unused funds
at any time. The product suite includes variations of the card with
unique features and functionality, including spending limits,
merchant category restrictions and the ability to add additional
funds electronically if circumstances change or emergencies arise.
The Debit MasterCard also enables a business to easily manage
expenditures for events and conferences. It provides a controllable
spending mechanism for mobile sales forces as well as for employees
or contractors who travel frequently. Furthermore, the debit card
allows for higher limits and options for executives who need more
flexibility. Transactions made on the card automatically
pre-populate into the Insperity ExpensAble software, eliminating
the need for employees to re-enter relevant information.
ExpensAble Mobile enables smartphone users to capture receipt
images on their device, eliminating the need for submitting paper
receipts. In addition, it enables users to add expense details,
calculate currency exchange rates and more, in a quick and
easy-to-use process. Managers can approve or reject expense reports
through the application. The ExpensAble Mobile application can be
easily downloaded through smartphones’ app stores, such as iTunes,
Android Market or BlackBerry App World. Once the user’s corporate
information is entered, the application can be activated. Internet
connectivity is required to upload expenses.
With the integration of the Debit MasterCard, Insperity
ExpensAble Corporate offers businesses an end-to-end expense
control solution. Managers can automate expense management
processes and create spending analyses to help improve budgeting
and negotiate better vendor rates; conduct meaningful conversations
about when and where company funds should be spent before the
spending occurs; and enforce company expense policies. The
immediate visibility into the spending of each cardholder helps to
reduce questionable expenditures and misuse of funds.
MasterCard is a registered trademark of MasterCard International
Incorporated.
About Insperity Expense Management
Insperity ExpensAble automates and streamlines the expense
report process, cutting costs, enforcing company travel policies
and providing better visibility into expenditures. Complicated
expense management becomes effortless, and companies save money on
travel and entertainment expenses and enjoy lower expense report
processing costs. The Insperity ExpensAble Corporate platform is
designed for companies with 10 – 5,000 users. For more information
about Insperity ExpensAble, visit
http://www.insperity.com/expensable.
About Insperity
Insperity, a trusted advisor to America’s best businesses for
more than 27 years, provides an array of human resources and
business solutions designed to help improve business performance.
Insperity® Business Performance Advisors offer the most
comprehensive suite of products and services available in the
marketplace. Insperity delivers administrative relief, better
benefits, reduced liabilities and a systematic way to improve
productivity through its premier Workforce Optimization™ solution.
Additional company offerings include Human Capital Management,
Payroll Services, Time and Attendance, Performance Management,
Organizational Planning, Recruiting Services, Employment Screening,
Financial Services, Expense Management, Retirement Services and
Insurance Services. Insperity business performance solutions
support more than 100,000 businesses with over 2 million employees.
With 2012 revenues of $2.2 billion, Insperity operates in 57
offices throughout the United States. For more information,
visit http://www.insperity.com.
Insperity (NYSE:NSP)
Historical Stock Chart
From Sep 2024 to Oct 2024
Insperity (NYSE:NSP)
Historical Stock Chart
From Oct 2023 to Oct 2024