How to make the most of your EOFY budget!

How To Make The Most Of Your EOFY Budget?

Australia’s end of financial year (EOFY) is right around the corner, and it provides a unique opportunity to reassess your financial position and plan for the year ahead. One of the most important aspects of EOFY planning is the effective management of your budget. As the financial year draws to a close, it's crucial to ensure that your budget is allocated wisely and that you make the most of any remaining funds. Spending your EOFY budget effectively can help you to set your business up for success in the coming year.

To help, we’ve put together a few EOFY budget ideas for spending so it’s not lost this financial year:

Ideas for Spending Your EOFY Budget

Use Your EOFY Budget To Recognise And Reward Teams.

In today's fast-paced business environment, recognising and rewarding the hard work and achievements of teams is essential to keep them motivated and engaged. When team members feel appreciated for their efforts, they are more likely to go above and beyond to deliver exceptional results

Spend your EOFY budget on rewarding colleagues, customers and clients for their achievements with the ultimate gift of choice. The Prezzee Smart eGift Card is the one card that recipients can swap for one or more eGift cards from 400+ top brands including Binge, Uber, Airbnb and David Jones. Your rewards can be sent instantly or be scheduled to arrive at the perfect time.

Use Your EOFY Budget To Plan For The Future

Not ready to give gifts now? No worries! Top-up your Prezzee Business account float with a credit so you can use your remaining budget to reward teams in the next financial year. Simply log into your Prezzee Business account and click ‘Deposit Funds’ located in the center of the Prezzee Business Portal under ‘Your sender profile’.

Give Back To Your Customers

With Prezzee Business campaigns you can customise, send and track 1-1000+ eGift cards for your marketing promotions. This feature enables you to set expiration dates for activating the cards, view real-time analytics and save up to 30% of your promotional costs as you only pay for campaign links that are activated.

Set Up A Loyalty Program

Loyalty programs are a popular marketing strategy used by businesses to encourage repeat business from their customers. These programs are designed to reward customers for their loyalty. Make good use of your EOFY budget by using our Marketplace/API technology to bulk-buy and sell eGift cards on your platform, in exchange for loyalty points or payment.

Show that you care

It’s no secret the past year has been challenging. Help ease the pressure of the rising cost of living with a Prezzee Gift card. A Prezzee gift card is a versatile and convenient gift card that can be used to purchase a wide range of items, including life's essentials such as groceries, household supplies, and personal care items. Having a gift card that can be put towards these essential items can help to ease financial pressure and provide some relief for those struggling to make ends meet. Choose from retailers such as Woolworths and Coles or just with a Prezzee Everyday Smart Gift Card and let them choose for themselves.