We're thrilled to present today's newsletter, featuring exciting updates on our debit card offering and clever strategies to simplify your daily spending.
Great news: Unlimited virtual debit cards
Virtual cards offer the fastest path to gaining better control over your company's expenses while simultaneously saving on online payments. That’s why we’ve decided to include UNLIMITED virtual debit cards in all our plans, redefining expense management for companies of all sizes!
Our virtual Mastercards can be issued online in real-time for your entire staff, enabling immediate use on the very first day. It is common practice to assign separate virtual debit cards to each employee needing access to funds, as well as to departments and projects. This strategic approach fosters clarity and streamlines accounting processes.
How to optimize subscriptions & ad spend
Moreover, virtual cards simplify the tracking of subscriptions and online payments, offering a transparent overview to teams and managers. As your company grows, managing expenses becomes challenging, especially when various employees subscribe to multiple online services and tools. Monitoring ad spend across different providers and currencies can also be tricky.
Our virtual debit cards are a game-changer, allowing employees to make independent purchasing decisions while you retain budget control with limits and further restrictions. Creating separate cards for specific purposes, such as project management tools or ad channels, ensures clear payment ownership, budget accountability, and accelerated accounting.
Explore recurring transaction challenges and why you shouldn’t rely on a single company card in our latest blog, “Virtual cards for subscriptions”!
Did you know? Many card providers charge currency conversion margins exceeding 2% and foreign transaction fees of up to 3%. With numerous subscriptions and ad charges in foreign currencies like USD, this can significantly impact your profits. Utilizing our virtual amnis multi-currency debit card can save your company 3-5% on foreign currency spending!
Your vote on expense functionalities
We are actively working on our expense management features, including attaching pictures of receipts, adding VAT codes, and categorizing transactions to streamline your finance team's workflow.
Cast your vote for your preferred expense functionality and share your own ideas on our publicly accessible product roadmap:
Smart control features: Spending limits
Traditionally, companies hesitated to issue multiple cards due to a lack of clarity and safety concerns. However, with amnis debit cards, you can maintain a firm grip on your expenses. Our smart control features let you set spending limits and merchant restrictions, and easily de- and reactivate cards for one-time purchases, ensuring secure fund access for employees. Watch our LinkedIn profile for in-depth feature insights, starting with how spending limits enhance budget control and security:
Daily, monthly and global limits on individual cards or group level: Tailor spending limits for employees or teams, e.g. during travels, reducing overspending risks and protecting against fraud.
24/7 online adjustments: Quickly adapt to changing financial needs, whether for one-off purchases or emergencies on the road, with self-service spending limit adjustments.
High global spending limits per card: Enjoy exceptionally high global limits to support your company's growth.
Find out where and how to manage your amnis card settings in our FAQ article.