What is a company gifting wallet?
The Company Gifting Wallet lets your organisation fund team gifting from one or more shared budgets, so employees don't have to pay out of pocket every time they contribute to a Thankbox.
How does it work?
The admin creates one or more budgets, for example, one per team or department, each with a total amount, a single transaction limit, and an allowance cycle. They then add users to each budget. Anyone assigned can put it toward any gift collection they take part in, up to the transaction limit, until the budget runs out or resets.
What are the benefits?
- Create separate budgets for different teams or departments
- Set a total amount and a per-contribution cap for each budget
- Give access only to the staff who should have it
- Track spending and export transaction history at any time
- Top up the wallet whenever needed
One wallet, one currency
A company can only have a gifting wallet in a single currency, you can't run several currencies side by side. If someone contributes to a collection set up in a different currency, we'll convert the amount using the daily exchange rate. No extra fees apply.
Who can use the budget?
Only users admins have assigned to a budget can spend from it. Anyone added to a budget can see it from their own Gifting Wallet, along with their remaining balance and when it next resets.
💡 Tip: Budgets, and the people assigned to them, can be updated at any time.