Item: Vantage Circle
Rating: 9
Author: Ishank Arora

Overall Satisfaction with Vantage Circle

Use Cases and Deployment Scope

We get awards and rewards in the form of Vantage points. We can also use these to compensate anyone on the basis of performance. This way it solves the problem of taxation and avoids the complexity of making it through the payroll system.
Further, we use the vantage points to buy off these e-commerce website coupons using which we buy stuff online.

Pros and Cons

Pros

Variety of vouchers
substitute for money
ease of use

Cons

Variety in offering of brands
more offers
transfer of points

Most Important Features

Ease of redeeming
Ease of crediting the points
Secured

Return on Investment

positive impact is ease of crediting employee's account
no tax complications
tax free transfer

Key Insights

Do you think Vantage Circle delivers good value for the price?

Yes

Are you happy with Vantage Circle's feature set?

Yes

Did Vantage Circle live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Vantage Circle go as expected?

I wasn't involved with the implementation phase

Would you buy Vantage Circle again?

Yes

Other Software Used

Kudos®, Bonusly, Fond

Likelihood to Recommend

Scenarios based on experience where Vantage Circle is well suited:
1. Vouchers for e-commerce platforms, It encourages shopping on e-commerce platforms like Amazon, flipkarts etc. Having points in hands, it motivates us to do some shoppin gonline and buy stuff which we would not buy otherwise
2. Easier to use in against to use cash or any card be it debit or credit. Just redeem once, and all the amount goes to the wallet

Comments

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Vantage Circle - 9 Point Benefits