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Great software for tracking monthly/annual stipends.
February 26, 2024

Great software for tracking monthly/annual stipends.

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Benepass

I’m an employee that uses Benepass for expense reports. My company offers several different stipends and benefits to their employees so Benepass is used to manage all of our stipends that refresh either monthly or annually. The business problems it addresses are easy management and tracking of stipend spending throughout the business. It saves employees time and enhances their experience when electing to use the stipends offered by the company,
  • Tracking how much of my stipend I have available to spend each month/year
  • Uploading receipts is easy
  • Adding bank account is seamless and direct deposit occurs quickly after expense approval
  • When using a virtual card, I still need to submit details for the expense. It feels like it would just be easier to fill in an expense rather than setup a virtual card for recurring payments that are reimbursed through stipends.
  • Employee retention. It helps employees take advantage of the awesome benefits and stipends their employer offers. Without seamless software to use here, employees may easily forget or just not use their benefits.
I did not select Benepass as I’m not a decider for that in my company. But as a user, I think Benepass is better than my experience with Airbase due to the ability to track how much of my stipends I have spent. I would say it matches with Expensify, they are both similar to me and offer the same set of key features such as tracking various stipend spending/amounts and the use of virtual cards.

Do you think Benepass delivers good value for the price?

Not sure

Are you happy with Benepass's feature set?

Yes

Did Benepass live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Benepass go as expected?

I wasn't involved with the implementation phase

Would you buy Benepass again?

Yes

Benepass is great for employees that want to keep track of how much of their stipends they have used. It really ensures employees are taking advantage of the perks and benefits their company is offering. Uploading receipts is really easy to use as well so the amount of time spent by employees is minimal when taking advantage of their stipends. I believe this would maximize employee happiness and satisfaction with their company, therefore helping with employee attrition.