With everything changing so fast these days, it is crucial to act fast when you find a good deal.
Even more so when you are running an SME - as they say, every penny saved is a penny earned.
Getting a corporate card – be it physical or virtual – is an excellent way to get rewarded for whatever you spend on using the card. Even better if the card can help you stay firmly in control as a boss and on top of all the expenditure your team is racking up every day.
The Aspire Corporate Card is one of the better corporate cards out there, if not the most versatile. The card comes free when you sign up for the free Aspire Business Account, and can be either physical or virtual. The card has no sign-up, monthly, annual or hidden fees.
That is hardly a surprise for a company that is “reinventing business finance”, but how can you – an SME owner and also consumer – get the best of both worlds (i.e. the perks and the complete control that the card gives) through the card?
Here’s a quick guide on how the card gives you a win-win in terms of
1) enjoying awesome perks, and
2) controlling team expenditure and staying on track budget-wise.
There is no shame whatsoever in constantly being on the lookout for the best deal.
Even if you have the most awesome deal in your hand, it is perfectly normal to keep finding new ways to reap the most benefits from it (that’s a big part of the Singaporean mentality, anyway). The same principle applies for the Aspire Corporate Card.
To start off, opening a free Business Account with Aspire grants you immediate access to over S$50,000 worth of exclusive benefits from platform partners.
These exclusive perks fall under various categories such as legal, e-commerce, marketing, finance and accounting, and loads more.
All you need to do after registering for your account is just log in, select the reward you want, then redeem and enjoy it.
Aspire rewards you with 1% digital marketing cashback for digital card spend – applicable for marketing and software-as-a-service (SaaS) purchases.
This means you qualify for 1% cashback as long as you make a digital spend for marketing purposes, for instance by placing advertisements on Facebook, Google, LinkedIn, Microsoft and TikTok. You also get the cashback if you make a Saas-related spend, say on Adobe, Canva, GoDaddy, etc.
Tip: Look out for specific promotions that they are running them which might get you up 5% cashback for a promotional period.
Furthermore, apply through our promotional link to enjoy 2% cashback on local spends. T&Cs apply. 2% on a monthly card expense of $100,000 for business is $2,000! That’s almost a full-time staff.
It can’t be helped if your business requires you to make tons of international payments every week or month. But there is no reason why you should be paying more fees than you need to.
With the Aspire Corporate Card, spend at the visa rate, and pay a low fee. In fact, you can pay up to 5 times less when making international payments compared to traditional services. Check out the comparison for yourself here. Local transfers are free.
It’s all well and good to have quick and easy access to perks, privileges and cashback with your Aspire Corporate Card.
But let’s not forget the other side of things (and being a boss) that is no less important – namely, how you can stay on top of expense management, control team spending, and get real-time visibility on expenditure.
After all, it’s stressful enough as it is running a business. The last thing you need is additional worry and frustration caused by ballooning expenditure and unwieldy expense management systems. No, as a boss, you want to stay cool and firmly #in control at all times.
Let’s take a look at the various functions of the Aspire Corporate Card in this respect.
No matter the size of your team, you won’t lose sight of what is going on, expense-wise.
You can issue an unlimited number of virtual cards to your team at no extra cost. Just put in place advanced permission and workflow settings, and you’re all set.
Say goodbye to scanning receipts and waiting for your accounts department to clear them. Each of your team members can get a virtual card for their expenses.
All you have to do is issue your team budget (which also can be set by department, project or expense type) and put in place spend limits, which can be changed, cancelled or frozen anytime.
Pay your bills at the tap of a button - or simply forward them to bills@aspireapp.com, thanks to the automated bill payment function. Then customize, send and collect invoice payments, all of which will auto-sync with your accounting and software systems.
The card’s mobile receipt upload function makes it easy for your team to submit claims, while push notifications remind you if you haven’t paid them back.
Not only does the Aspire card allow you to manage corporate expenses easily, you can also track your team’s spending with real-time notifications, all on one dashboard. Even better, all transactions are synced automatically with your accounting and software workflows.
This makes it a breeze to match your claims to the budget, so you always spend within the limit.
Setting up a business is always tough in the beginning, so it’s important to find ways to make it easier on yourself if you can. With Aspire, you can get incorporated remotely from wherever you are in the world.
Tap Aspire’s smart insights that aim to optimize your business finances, or opt for a business credit line.
If you need more time to make payment to your suppliers, you can sign up for a Paylater card, which gives you 51 days of free credit terms. Need to make payments regionally? Sign up for a Multi-Currency Account. It’s super simple.
So would you like a corporate card that can give you the best perks and cashback, and enable you to stay on top of your business and corporate expenses? Why not?
Get started here.
Leading digital loan marketplace Lendingpot connects SMEs to its network of 45 lenders comprising relationship managers from banks, financial institutions, and private and peer-to-peer lenders in Singapore for free. It aims to help SMEs overcome the information asymmetry problem and lack of transparency prevalent in the SME financing sector by offering SMEs financing options such as business term loans, property loans, revenue-based financing, credit lines, working capital loans, bridging loans, invoice financing, and more.
Belinda loves thinking about random stuff, and collecting useless bits of facts and trivia. She often roots for the underdog, and believes the world needs more happy endings.
