Foodpanda launches platform for corporate clients

• Companies can manage and control budget rules for office orders
• Its study shows food-based perks No 1 factor to boost employee motivation

FOOD delivery marketplace foodpanda said it has launched a corporate account platform for companies offering to pay for meals at the office.
 
The service is already available in Hong Kong, India, Indonesia, Singapore, and the Philippines, with more of foodpanda’s 40 markets to follow, the company said in a statement.
 
It said its corporate product offers various features that make it easier for companies and employees to order meals in the office.
 
Companies can manage and control budget rules for employees by setting allowances, order frequencies, dates and times. The service makes it much more convenient for employers to control budgets, set maximum order values or set different budgets for lunch or dinner, or weekday and weekend orders.
 
Further, detailed ordering reports and monthly invoices simplify and streamline accounting. The product helps to avoid expense abuse, removes the need to keep paper receipts, therefore saving much time for both employees and accounting, foodpanda said.
 
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, foodpanda said.
 
“We are happy to offer a convenient and easy way for both companies and employees to order food into the office,” said foodpanda group cofounder and chief executive officer Ralf Wenzel (pic).
 
“We found that office benefits can boost motivation significantly, and offering food-based perks increases employee satisfaction,” he added.
 
Overtime meal allowances play a significant role in employee motivation and retention, foodpanda claimed.
 
In a recent survey it conducted with over 1,000 global participants, fully-reimbursed meals topped the list as the most-valued employee welfare amongst corporate employees who work more than 45 hours a week.
 
The survey results also showed that more than 55% of Singaporeans stay at their desk for lunch and close to 60% of the respondents expressed willingness to work longer hours if meals were provided for after regular office hours.
 
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