We like to provide rewards and incentives to our employees for many different reasons throughout the year. Previously we used physical gift cards, but it was cumbersome and time-consuming.
Giftbit has given us the ability to administer digital gift rewards to all of our employees across Canada.
— Theresa Streifel, Supervisor, Reception & Administrative Services
Factors Group of Nutritional Companies Inc.
A high value of cards they had on-hand ended up going unclaimed as they neared expiry, so Factors Group was left to use those cards up in-house by buying more cards.
This revealed how inefficient and time-consuming their rewards and incentives program had become, especially for a growing company of their size.
Factors Group is a Canadian company specializing in the research and development, manufacturing, and distribution of high-quality nutritional supplements and vitamins. They produce a wide selection of locally- and internationally -sourced supplements for the worldwide market.
Employee rewards and incentives are an important part of Factors Group’s work culture, and prior to using Giftbit, they were purchasing physical prepaid Visa® cards from a store to manually distribute to their staff.
Factors Group instantly realized Giftbit’s financial benefits, time-savings, simplicity, and tracking capabilities that offered the efficiencies they were missing.
And, of course, they were pleased to discover the exciting and diverse Giftbit rewards catalog. No longer did they need to make purchases ahead of time and risk losing money on a bunch of expired cards sitting in someone's desk.
It’s great to be able to administer the digital rewards and incentives all at once electronically—no more having to distribute individual physical cards to every single recipient. Here are more of Factors Group's favorite features.
Factors Groups appreciates that Giftbit doesn’t cost money to use and there are discounts and revenue sharing options.
It's quick and easy to tailor reward templates for each purpose and then just choose the appropriate one when it's time to send.
On-demand reporting make it easy to track claimed and unclaimed rewards, which in turn helps them to stay on top of their budget.
Everything is easily accessible through the portal. We've had incredible account management support and the team has been great getting us to where we need to be.”
— Jenna Adrian, Head of Operations
Zogo