Payment Capabilities
Transform Your Employee Relocation with Benivo's FinTech Solutions
AI-Powered Expense Management:
Let your employees manage their expenses easily in a single place. Provide fast automatic reimbursements to your employees, and benefit from easy to use reporting.
- On-demand Payments in minutes
- Available in 20+ currencies
- No bank transfer fees
- Receive funds into a bank account, Paypal or virtual credit card
- Payroll reporting included
- Digital audit according to the company policy
Relocation Allowance
Benivo's solution streamlines the process, removes steps and gets the funds to employees much faster. Relocation allowances are disbursed instantly directly to the employee’s chosen account.
- Any amount in 50+ currencies
- Any location
- Multiple payout methods - bank transfer, prepaid cards, digital wallets and more
PayLater: Access to interest free cash advance
Your employees can access interest-free cash to pay upfront expenses such as rent & deposit, then repay by installments starting after they get paid. Like a salary advance program, but you don't need to administer it. No changes to your current payroll processes are required.
- Quick and easy to redeem
- Employees can avoid using loans or savings
- Flexible - Employees can use the money to cover a variety of expenses
Vendor Payments
Automated invoice processing and payment to service providers, integrated with budget tracking and financial planning tools.
- Streamlines payment process
- Timely vendor payments
- Simplified financial tracking.
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