With PROFIT Bank all your company’s expenses are tracked & managed in one place
PROFIT is a bank account with multiple users. You can issue multiple debit cards and track spend by employee, categories, budgets, and merchants.
Track spend by employees, budgets, categories & merchants
Easy & consolidated spend tracking allows you to adjust spend before it's too late.
Employees get approvals before additional spending occurs to prevent wasteful spending
If employees need to spend more money, they can text PROFIT their spend request and we forward it to their manager/budget owner for approval.
Eliminate employee reimbursements & save your accountants time
Assign your employees cards and save your accountant time by not having to review, approve, and payout reimbursements.
Eliminate expense reports
85% of employees admit to lying on expense reports.* Avoid wasteful spending and save your accountant time by issuing employee cards for company expenses.
Expense reports are often submitted weeks after purchases were made, finance teams are unaware of what has been spent and unable to stop certain purchases before it’s too late.