Lucca relies on Swan to offer cards to its customers

The start-up Lucca, specializing in HR issues, is partnering with Swan to launch a new business card. The aim of the start-up is to offer additional services to its clients, while providing added value on working time, employee management and expenditure management. One more initiative in a market for professional solutions rhythmic by innovation.

FACTS

• Lucca, HR solution publisher, is launching a new business card in partnership with Fintech Swan, which specializes in Banking-as-a-Service.

• Lucca's client companies can assign these cards to their employees and track on-line the expenses of each. The expenses from the cards are then instantly reported in Lucca's expense note management function.

• This is an important time saving for the company as it is no longer necessary to manually enter the expenses in the software. Just download the expense voucher or take a photo of the ticket to justify the expense.

• Companies can also set maps and define spending limits. Thus, the company protects itself from harmful behaviour and avoids any financial risk associated with excess spending.

• Cards work as a traditional payment card and can be physical or digital depending on the needs of the company.

ISSUES

• Banning Advances: The advance fee can be seen as a financial pressure on employees. Using business cards is therefore a way to reassure employees on the move.

• Facilitate expenditure management: Lucca's main objective is to help companies in the management of human resources, including professional expenditure. Using Lucca's cards, companies gain in visibility on the evolution of their cash flow but also gain in processing time.

• Limit risks: Finally, Lucca's business cards allow managers to be more confident about different risks associated with using a business card. The use of ceilings helps to avoid drifts related to improper use of the card. In addition, these ceilings minimize the risks associated with flights, etc.

PERSPECTIVE

• Launched in 2002, Lucca's mission is to simplify human resources within companies. It therefore offers solutions for managing employees, time, talent, remuneration, or even professional expenses.

• Continuous innovation in the market for professional financial services. The fintech Deblock announced in early January that the launch of a innovative pro account including cryptocurrency services.

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