SIMPLEDCARD
Optimized Spend Management through Smart Payment Cards

For business execution and innovation initiatives to be successful, the finance team in an organization has to remain in complete control of cost. However, frequently changing business and market conditions and regulatory updates make cost control a moving target. To address the concerns, finance teams need to adopt smart digital strategies to simplify the workflow and implement complete integration of payment and expense processes to tackle the blind spots in financial decision making.

SimpledCard is on a mission to help companies achieve fluid business operations with complete control over their finance. SimpledCard understands that every business is unique, and a growing business becomes increasingly complex in terms of its financial operations. To that end, the company pays great attention and invests time in understanding the clients’ business and operations and guiding them to the best solution. Its experts hold the clients’ hands and take them to a position where they are in an advantageous position to handle business spending quickly and securely.

Companies have little idea about efficient ways to improve spend management. And they often end up spending enormous time and resources to handle the smallest stream of spending. Organizing payment methods, processing and checking declarations manually can be a laborious and lengthy workflow. Errors, information loss, fraud, blind spots greet the decision-makers along the way.

Led by a team with over 25 years of experience in finance, payments, and custom software development, SimpledCard brings value to the finance teams across diverse business organizations. Finance managers and CFOs struggle to keep things simple and meet ever-increasing compliance and control requirements with ease, and this is where SimpledCard brings value to its clients. SimpledCard’s business prepaid cards allow managers to have real-time insight into business spending. So they can help their teams easily and quickly make the necessary business payments. How does the whole process work? SimpledCard’s clients can issue their own prepaid payment cards, activate them, and hand them over to their employees. The clients can manage the cardholder list and automatically send instructions to new cardholders. Business prepaid cards can be reused by assigning a new cardholder. These cards enable companies to reduce the use of cash, which, in turn, supports employee safety and fraud mitigation. Finance managers of mid-sized and larger organizations can keep control of millions of transactions.

To ensure maximum customer value, SimpledCard’s clients have dedicated customer success representatives serving them. The representative assists clients during every step of the onboarding process. The customer service team also helps them solve any questions regarding transactions, card usage, or spend reporting.

SimpledCard complies with strict data storage regulations defined by the European Central Bank and Mastercard, including the PCI Data Security Standard. As a certified Mastercard service provider, its cards are issued according to Electronic Money Regulations and are subject to supervision by the designated national central bank. All data is stored in encrypted form on secure servers. Thus, money is securely held in a third-party account in strict compliance with the applicable European rules and regulations.

SimpleCard’s solutions are backed by strong team support, which has led to positive customer engagement. In an instance, Frieda Vulgers, Finance & Control, at Atlant Zorggroep, said that SimpledCard’s team made a difference in the overall outcomes by providing quick solutions to their problems. It is this teamwork that has won accolades for the payment and card solutions company. The combination of automation and swift guidance continues to steer many firms in the right direction, financially.