New Feature: Smart Award Networks

An Award Network with Smarts

If you’ve faced the challenge of managing different programs that required specific award networks, you know how much of a headache that can be. In the past it may have been challenging, if not impossible, to designate how employees can use their points. How would you ensure that points earned from a service award program were spent on the required network or catalog for tax purposes? How could you determine that earned points from a wellness program would be redeemable only on a health and fitness network of your choice? What if you want to award an employee overseas, but know that they may not be eligible for certain award networks because of their location?

We have good news. Awardco has something to take the headache out of managing multiple reward networks for multiple programs. The Smart Award Network lets you designate which award networks you want to use when you reward points to your employees. Now you can create custom award networks and select which programs are eligible, allowing for custom reward catalogs for all kinds of programs—and an unprecedented flexibility in redemption options.

 

Ineligible points for programs are automatically deducted.

 

The Smart Award Network intelligently sorts through the points awarded to employees and only allows redemptions on eligible programs and reward networks. Think of it this way: if you have a wellness program, but only want points from that program to be redeemed on a specific network with fitness items, you can do that. If you have a service award program that can only reward certain items because of taxes, you can create a specific catalog for that, too.

 

Screen Shot 2020-05-20 at 3.23.42 PM

Create custom catalogs for programs, such as a health initiative program.

 

Determine which points can be used for which awards catalogs with ease.

 

The Smart Award Network is a game-changing feature that is unique to Awardco. With this feature Admins will be able to consolidate their efforts and be more directed in their planning by creating custom catalogs to accompany custom award programs such as service awards, wellness initiatives, international recognition, and more.

For more information on the specifics of this program, please visit our support center here.

 

 

Get Started

Let's talk about saving you money while increasing the spend going to your employees.