Any individual/business entity/freelancer can avail Open’s virtual cards. For instance, freelancers or even marketing agencies can assign unique virtual cards to each of their clients. This will help in tracking different client spends effortlessly.
Whereas, a startup can use virtual cards to pay for their individual tool spends. For example, AWS subscriptions, Google ads, Linkedin ads, etc.
On the other hand, a small business owner can assign virtual cards to employees from different teams. For example, if your Sales & HR team uses the same tool - Linkedin, it becomes easier to track the spends by assigning two different virtual cards. This way, you will know who has spent how much for Linkedin alone.
A virtual card application could not get any simpler. Just create an Open account and head to the virtual cards section under the Cards category.
Just fill in a few basic details & upload your business documents.
If you are someone who is always stuck at tracking and monitoring your employee expenses, an Open virtual card is your go-to solution.
Moreover, finance teams who have to manage multiple online payments can be relieved by simply opting for recurring payments via virtual cards.
You can also set a spending limit that can be changed as per the need, activate notifications for new purchases, and do away with paying for unnecessary subscriptions.