Foodpanda has launched a corporate product specifically targeted at companies offering to pay for meals in the office. The service is already available to corporate customers in India, Singapore, Hong Kong, Indonesia and the Philippines, with more of foodpanda’s 40 markets to follow.
Companies will be able to manage and control budget rules for employees by setting budget allowances, order frequencies, dates and times. The service makes it much more convenient for employers to control budgets, setting maximum order values or setting different budgets for lunch or dinner, or weekday and weekend orders.
For employees, the new service will allow group orders to be placed with colleagues, shared orders to merge allowances, as well as payment of remaining amounts with private credit cards. It eliminates the need to fill out expense reports and wait for reimbursement.
“We are excited to roll out the new product, a more convenient management of orders for both companies and employees. Studies show food based perks as an important factor that helps boost employee motivation. We are happy to support this as catalyst,” says Saurabh Kochhar, CEO foodpanda India, CBO foodpanda global.