What it is
Software and hardware solutions that automate the tracking, authorization, and reconciliation of business spending and employee expenses.
How it works
Companies issue smart cards to employees with pre-defined spending limits and rules. Every transaction is automatically captured, categorized, and synced with the company's accounting software.
The Benefits
- Total Spend Visibility: Real-time tracking of every dollar spent across the organization.
- Automated Tax Compliance: Digitally captures and matches receipts, ensuring GST compliance without manual work.
- Fraud Mitigation: Prevents unapproved spending before it happens through proactive controls.
Best used for
Australian SMEs and growing teams looking to eliminate manual expense reports and gain control over their budget.