May is an application that automates the management of employee benefits, including secure bank account connections and invoice reimbursement systems. The platform addresses the complexity of tracking and optimizing employee perks, providing a streamlined solution for businesses to enhance employee satisfaction and engagement.
Funding
Funding not disclosed
Founders
Product
Problem
Many small to medium-sized enterprises (SMEs) struggle to offer comprehensive employee benefits packages due to the administrative overhead, complexity in managing various perks, and lack of resources compared to larger corporations. This can lead to decreased employee satisfaction, reduced retention rates, and difficulties in attracting top talent.
Solution
May provides a platform designed for SMEs to easily manage and automate employee benefits, offering a range of options from restaurant tickets and gift vouchers to vacation, culture, sport, mobility, remote work, and personal care benefits. The platform allows employers to create a benefits allowance for each employee, which is exempt from social charges and payroll taxes within regulatory limits. Employees can then use their allowance according to their individual preferences, with reimbursements integrated directly into their personal bank cards or via a May Visa card. May streamlines the entire process, from secure bank account connections to automated invoice reimbursements, enhancing employee purchasing power and company attractiveness.
Target Audience
May primarily targets small to medium-sized enterprises (SMEs) looking to enhance their employee benefits offerings to improve employee satisfaction, retention, and recruitment efforts.
Features
- Customizable employee benefit allowances ranging from €100 to €10,000 per employee per year
- Integration with personal employee bank cards for automated expense reimbursements
- Optional May Visa card for eligible benefit categories
- Mobile application for employees to track allowances and manage reimbursements
- Centralized platform for employers to manage and deploy various benefit options
- Automated invoice reimbursement system
- Support for a wide range of benefits including restaurant tickets, gift vouchers, vacations, culture, sports, mobility, remote work, and personal care services
- Personalized support for administrators and employees