Case Study
How Jack's Corporate Card Revolutionizes Visinema's Expense Data Collection, Reducing Time by 50%
Jack enables Visinema to enhance and broaden their team's capabilities with the provision of virtual cards tailored to their specific needs.
Outcomes Experienced by Visinema After Utilizing Jack
50%
Reducing expense data collection time per month
Industry
Entertainment
Product Used
Corporate Card (Virtual)
Favorite Features
Centralized dashboard to monitor all transactions
Control spending limit on each card
Simplified payment process
Automation to eliminate manual processes
Cashflow balancer with Jack’s Corporate Cards
"With Jack's integrated dashboard, we can effectively control our team's budget and effortlessly monitor all transactions. Thanks to Jack's corporate card, we have successfully cut down our reimbursement and expense data collection time by 50%."
Prasetya B. Yudaputra, Group COO Visinema
Background
Visinema operates as an entertainment and Intellectual Property (IP) development company founded by Angga Dwimas Sasongko. Visinema conceptualizes, produces, and distributes content across several formats, including film, television, and digital, also developing over-the-top (OTT) Bioskop Online.
Visinema’s COO, Prasetya B. Yudaputra, was introduced to Jack by a friend and was immediately impressed by the impressive technological expertise, which he believes can greatly benefit Visinema.
Jack's Corporate Cards (Virtual) simplifies expense tracking processes. With comprehensive transaction records and detailed expenditure data readily accessible, Visinema can effortlessly monitor and analyze expenses incurred by their team members.
How Jack Helps Visinema
Relying on Personal Credit Cards to Seamless Transactions with Jack’s Corporate Cards
Previously, Visinema relied on using personal credit cards or manual payment methods for essential software subscription. By utilizing Jack's Corporate Cards (Virtual), Visinema eliminates the need to rely on personal credit cards for business transactions. Visinema can simply use the virtual card details provided by Jack to complete the subscription process, ensuring that all transactions are directly linked to our company's account.
From Sharing Personal Card Details Among Team Member to Eliminate Risks of Compromised Data
Using personal credit cards for company-related software subscriptions may also raise security concerns. This approach increases the risk of sensitive financial information being compromised, since you have to share card details and CVV numbers with other team members. Jack's Corporate Cards (Virtual) provides robust security protocols, safeguarding Visinema’s sensitive financial information without the need to share personal card details with team members.
Blurred Visibility to Clear Transparency of Business Expenses
With the use of personal credit cards for company-related software subscriptions, Visinema encountered difficulties in managing and tracking these expenses. It becomes challenging to maintain clear visibility into Visinema expenses, reconcile accounts, and ensure accurate bookkeeping. The centralized system of Jack Corporate Cards (Virtual) has enabled Visinema to consolidate all software subscription costs into a single, easily manageable account.
From Limited Exploration to the Ease of Budget Allocation for All Team Members
At times, Visinema faces difficulties in allocating the budget effectively among various teams, resulting in limitations that hinder their ability to explore new opportunities. Jack's Corporate Cards (Virtual) enables Visinema to enhance and broaden their team's capabilities with the provision of virtual cards tailored to their specific needs. Visinema has the flexibility to set individual spending limits for each team, ensuring responsible budget management while empowering employees to fulfill their professional requirements.
Challenge to Secure Budget to Simplified Expenses Tracking
Maintaining visibility of expenses can indeed be challenging, however, the company recognizes the importance of effectively tracking and managing expenses to ensure financial stability and growth. Jack's Corporate Cards (Virtual) simplifies expense tracking processes. With comprehensive transaction records and detailed expenditure data readily accessible, Visinema can effortlessly monitor and analyze expenses incurred by their team members.
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