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Reimbursements for board members
Reimbursing VCs and other investors for attendance at board meetings and other company events needs to be well documented. This benfits the company and the investor for compliance, taxation, and audit needs. As the go to solution for non-employee reimbursements, Reimbi is an ideal solution for your board member reimbursement needs.
All Reimbi subscription plans include unlimited requesters. That means you can invite all of your board members to use Reimbi and it has no impact on your subscription costs.
All requesters (the people submitting expenses for reimbursement) are interested in being reimbursed quickly. For your board members, the efficiency and streamlined process might be especially valued.
Reimbi is designed for the expense needs of non-employees and their host company. From inviting the board member to use Reimbi, to submitting expenses, approving, and paying out Reimbi, provides simplicity and just the right amount of business controls.
Most requesters would not choose to be reimbursed via a paper check. With Reimbi, requesters can choose to be reimbursed via Venmo, PayPal, direct deposit, and several other options. Not only do these options provide a faster reimbursement, they also signal a modern approach to business.
Reimbi provides the reporting you need to allocate expenses to the right department, cost center, or however you need to categorize your board member reimbursements.
We (and thousands of users) think Reimbi is pretty easy. However when anyone needs it, we are eager to help! Whether it's a board member with a question about the status of their expense report or a staff user needing help setting up a reimbursement policy, fast and friendly support is there.
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