Processes for approving and reconciling expense reports are cumbersome costing businesses valuable time and money. Dealing with transaction data manually cripples their ability to streamline any part of the process. Workflows must be simple, quick and accurate delivering both time and cost savings.
The admin panel is accessed via the online banking portal where all submitted reports reside. From the admin panel, businesses can:
Employees can capture their expense receipts using your bank's app. It even works offline. Tap to send, and done.
Say goodbye to lost or faded receipts
Submit to managers for approval before accounting
Capture mileage expense automatically using your GPS
Real-time push notification to capture expense receipt
Get reimbursed directly to your bank account
With original receipts captured and stored, accounting and business owners can easily access them for taxes, budgets and more….
Approve/reject reports in seconds
Credit/Debit card controls and spend limits
Sync receipt data with accounting software
ACH
Reimbursements
Multi-level management review workflow
Automated Reconciliation of card transactions
With essential workflow capabilities, XpenseOne streamlines the small tasks that consume your time, freeing you up to focus on what's important.
A customer with 600 commercial card transactions spends 3-4 full time days on a partially automated solution reconciling those transactions manually against expense reports . Fully automated solutions can cut this time to just minutes. XpenseOne can take your commercial card benefits from good to great.
Create new revenue streams from increased interchanged revenue on commercial card usage
Create “stickiness” by storing your business customers expenses and receipts within their online banking portal paired with commercial card transactions
Acquire new accounts by putting your brand on a product that solves real problems for businesses
We are always excited to start working with new banks to get our system setup. Integration is a fast and seamless process from start to finish.
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