Regardless of the size of your company, having a business card can become a key tool for managing your business. That was the case of Rodrigo Bernardo, CEO of Earth & Company. An SME with the mission of changing the fashion industry thanks to the production of garments with recycled fabrics.
Since Rodrigo acquired the Konfío business card In his business, in addition to taking advantage of a financing line to buy new machinery and boost his production of sustainable fabrics, he began to have greater control of his company, saving up to 10 hours a week in reconciling and verifying expenses. Here we tell you how he did it.
From hours to minutes
In a context in which mismanagement and lack of time are two of the main reasons why growing businesses fail in Mexico (ASEM), Rodrigo decided to rely on a smart card to take his business to the next level.
Day to day, he was faced with inefficient accounting processes in which he spent more time on manual labor than on strategy. This changed with the new function of Conciliation on the Konfío Business Card, since automatically and thanks to its algorithm, it associates the payments made with the Card with their respective invoices or suggestions thereof in order to know what is already being invoiced and what is still missing. check in. Today, the Earth & Company team can identify suppliers in minutes who have not issued an invoice corresponding to a company charge. With this, in addition to increasing the productivity of your business, you are increasing the visibility of invoices pending reconciliation, achieving a 10% reduction in non-deductible expenses. Thus, hand in hand with strategic tools and technology, they went from investing hours to investing minutes in managing their business.
your business your rules
Another key element that allowed Rodrigo to boost his operation was having the ability to delegate activities to his team in the management of the business card. All in a couple of clicks, without losing control and from the Konfío platform. With the new functionality of Roles and permissions, Rodrigo was able to give access to the members of his team with defined profiles depending on the type of activity they carry out, be it Administrator or Collaborator.
This means that today you can delegate activities and grant additional cards to your team, while assigning personalized spending limits to increase control and visibility of your business expenses.
It’s time to simplify your company’s expense management
If you are thinking of acquiring a business credit card, you should take into account that it should help you organize your finances and have absolute clarity of everything that happens in your company’s day-to-day activities. But also, it must be powerful and effective to help you grow like Rodrigo, without time-consuming manual processes.
With the Konfío Business Card, thanks to the new invoice reconciliation functionality, today the Earth & Company team can invest that time in growth strategies. This is how small changes allowed Rodrigo to achieve great results by obtaining greater control of his budgets, increasing his tax health and improving his planning to evolve in the face of a challenging economic and administrative future.
How to apply for a business credit card
At Konfío, requesting your credit card is very simple. It is a 100% online process that you can do anytime, anywhere.
Simply with your RFC and your SAT (CIEC) password, you can create your account. You need an official identification and have at least six months of billing.
The Konfío Business Card is more than a financing product, because in addition to helping you control expenses to increase your productivity, it opens the doors to a platform of financing, collection, payment and management solutions. Learn more here.