Bolt Business: Work Profile or Team Account – which is for you?

April 16, 2021

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Bolt Business — happy businessman exits car

Regardless of the size of your business, from solo-trader to multinational company, getting around for work is an absolute necessity. Unfortunately, that usually comes with a lot of headaches — from ordering a taxi for work to paying and then submitting expenses and everything else in between. Thanks to Bolt Business, those headaches are now a thing of the past.

With a Bolt Business Work Profile or Team Account, you can easily and efficiently manage every aspect of your company’s travel and expense management, saving you time and money to work on the things that matter more.

But which account type is for you? Let’s find out.

What is a Bolt Business Work Profile?

Primarily for solopreneurs and small businesses, the Work Profile is a free tool that emails you expense reports for the rides you take for work.

With a Work Profile:

  • tax receipts for your work ride expenses are automatically sent to you or your accountant (you choose where they go);
  • the receipts are pre-filled with your company’s information after every Work Profile ride and sent to you in a monthly report;
  • you can easily switch between your Personal & Work Profiles in the Bolt app before ordering a ride — allowing you to separate work and pleasure quickly and easily;
  • you can edit the details (company info, email, payment information, etc.) at any time to ensure your invoices are always on-point.

The Work Profile is a great way for individuals to streamline expense management, saving time and a lot of effort when it comes to reporting.

How to set up a Bolt Business Work Profile

Follow these steps to set up your free Bolt Business Work Profile:

  1. Download the Bolt app;
  2. Open the menu and select Payment;
  3. At the bottom of the screen, tap Set up work profile;
  4. Follow the on-screen instructions.

Every time you take a ride for work, choose your Work Profile as your payment method and your fare will be charged to your company card. A receipt will also be automatically sent to the email address you specified.

Fast, easy, and hassle-free — as it should be!

What is a Bolt Business Team Account?

The Bolt Business Team Account is for businesses of any size looking to dramatically decrease the time, effort and money it takes their employees to manage the work ride booking, payment and expensing process.

With a Team Account you can:

  • centralise your entire team’s Bolt work ride expenses and accounting from a single easy-to-use dashboard;
  • manage all company riders and their work ride expenses;
  • automate payments to your company card or receive a monthly invoice;
  • set spending limits and rules for each employee or team;
  • let your team order rides from the Bolt app or schedule from your web browser;
  • receive dedicated account support;
  • add unlimited account admins and registered employees.

The Team Account is particularly powerful if your business is currently (or plans to be) spread across multiple geographies. Bolt operates in more than 40 countries around the globe, meaning your team can move in any country without the hassle of exchanging money. You simply pay for all rides in one currency from a single centralised account.

Bolt Business Team Account account holders receive an automated monthly summary of rides and expenses straight to their inbox, which makes it much easier to get a grasp of how money is being spent within the company.

How to create a Team Account

Thousands of companies are already saving time and money with Bolt Business, join them today by heading to our website and signing up for a Team Account.

Streamline your company’s travel expenses with Bolt Business

No matter how large or small your company is, Bolt Business can help you or your team move fast, affordably and safely — while also significantly reducing the time it takes to pay for rides and process expenses.

As an added bonus, all Bolt cars throughout the UK and Europe are carbon-neutral, helping your business keep moving without impacting the planet.

Try Bolt Business today!

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