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Finding the means to disburse per diem in an efficient and no-hassle way has long been a bane of many business owners. But if you manage employees who travel, understanding your options is paramount to streamline your process.

Per diem is essentially a fixed amount of reimbursement paid to employees for lodging, meals, and incidental expenses incurred during business-related travel. The rates are set each year by the General Services Administration (GSA) for destinations within the Continental U.S.; non-foreign rates (e.g., Alaska, Hawaii, Puerto Rico, and Guam) are set by the Department of Defense and foreign rates (anywhere outside the U.S. and its territories) are established by the State Department.

Per diem covers the cost of breakfast, lunch, and dinner, room service, laundry, dry cleaning, pressing of clothing, and fees and tips for the people who provide services, such as food servers and luggage carriers. Lodging typically covers accommodations for overnight stays, like hotels, motels, inns, resorts, and apartments.

Historically, employers haven’t had a plethora of options to disburse such funds and the conventional method has been the paper check. The check is a cumbersome and dying payment method that makes it difficult to streamline payment processes.
Paysign offers a solution that benefits both employer and employee—the Corporate Expense card. With this card, employers can issue per diem payments directly to the card, doing away with the relic of checks. And employees can use the card to make purchases both online and in the real world.

To learn more about this solution, visit www.paysign.com.