Petty Cash Reduction Strategy – Legal Industry

Major-Legal-Firm

Industry: Major Legal Firm
Objective: Eliminate paper work & reimbursement cost for minor expenses
Target Market: Partners and Associates of the practice
Execution: Partners & Associates were given a reloadable TRUST U Visa Expense card loaded each month up to $400 to pay for coffees, taxis etc. They were not required to complete expenses forms
Results: Reduced petty cash to only 5% of previous levels

 

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