Expense Management for Non-Profits and Trusts
Non-profits answer to donors, trustees and auditors, often with small finance teams and many people spending across projects and sites. Clear records matter as much as low costs.
What makes it hard
- Many small payments across projects
- Volunteers and staff paying out of pocket and claiming later
- Bills that arrive late or not at all
- Audit requests that need evidence for each payment
What helps
- Limits by person and project.
- Payment from the organisation's funds, so people do not use their own.
- Bills captured at the time.
- Reports by project for trustees and funders.
A customer example
ISKCON Bengaluru reduced its reimbursement time from 14 days to 3 days with OmniCard.
How OmniCard fits
OmniCard is built for enterprises, SMEs and startups across sectors including non-profits. Staff pay by UPI or RuPay card from company funds, with limits and approvals set by finance, and every payment carries who paid, what for, the bill and the policy it was checked against. OmniCard is run by Eroute Technologies Pvt. Ltd., an RBI-authorised Prepaid Payment Instrument (PPI) issuer and a direct NPCI issuer for RuPay cards, UPI (the @omni handle) and FASTag, with no sponsor bank in between.
Related: Reimburse360
Keep reading
Expense Management for NBFCs With Large Branch Networks
Store Expense Management for QSR Chains With Many Outlets
End-to-End Expense Management: What CFOs Actually Need
Reimbursement Software: Expense Management Software for Reimbursements
AI Agents in Expense Management: What Each One Actually Does
