Virtual Company Card and Expense Management System
Use Cases and Deployment Scope
It is a corporate credit card platform and we use it to purchase and pay expenses. Issuing a credit/debit card from a bank is very time consuming and a long process. Weel makes it very easy to issue a card to the user. You can create the card and start using it within 10 min and if employee leaves the company, it takes two second to cancel the card and issue a new card to someone else. It also allows you to set up a budget for an individual or team. It is a digital credit card system.
Pros
- Digital Credit Card
- Team Budget
- Instantly issuing a credit card
- Tracking expenses and reimbursements
Cons
- Mobile application of Reimbursements
Likelihood to Recommend
Weel is well suited for businesses where there are multiple teams and if each team needs to track of their budget. It also suits if there are new projects and each project has its own team and team incurs expenses for the business. For example, if there is a construction project and each team needs to use their credit cards to pay some instant expenses, weel is well suited to assign a budget to the team so team does not spend more than what they are assigned (or can be approved) and it is easy to issue/cancel cards on the fly.
