Expensify Card
Smart corporate cards with cash back, real-time expense tracking, and automated reporting.
Executive Summary
The Expensify Card is a proprietary Visa Commercial Card designed to streamline corporate spending and expense management. It offers businesses a range of benefits including 1-2% cash back on US purchases, zero foreign transaction fees, and real-time expense capture. Transactions made with the Expensify Card are automatically synced with the Expensify platform, enabling instant receipt matching via SmartScan AI and automated expense report generation. Integrated seamlessly with Expensify's broader expense management solution, the card helps businesses save up to 50% on their Expensify bill through cash back earnings. It supports automated approval workflows and integrates with major accounting, ERP, and payroll systems like NetSuite, Sage Intacct, and ADP. While the Expensify Card provides tight controls and automation, the Expensify platform also allows businesses to connect existing corporate card programs from over 10,000 banks, offering comprehensive spend management flexibility. The Expensify Card is currently expanding its availability to the UK and EU (beta), with Canada coming soon.
Use Cases
- Streamlining corporate travel and entertainment (T&E) expenses.
- Automating receipt capture and expense reporting for employees.
- Earning cash back on business purchases to reduce operational costs.
- Managing and controlling employee spending with real-time visibility.
- Integrating corporate card data with accounting and payroll systems.
Features
Visibility
- Real-time Expense Tracking: Monitor all corporate card transactions and employee expenses as they occur.
- Customizable Dashboards: Gain a comprehensive overview of spending, approvals, and compliance status.
Intelligence
- SmartScan Receipt Processing: AI automatically extracts data from receipts, categorizes expenses, and matches them to transactions.
- Spend Analytics: Analyze spending patterns, identify cost-saving opportunities, and enforce budget limits.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
Infrastructure
- AWS
Integrations
- Gusto
- Sage Intacct
- ADP
- NetSuite
- TriNet
Security & Compliance
Certifications: SOC 2 Type II, PCI DSS, GDPR
Pricing
- Model
- Subscription-based per member per month, with Expensify Card usage potentially reducing or eliminating fees.
- Starting Price
- $5/member/mo
- Target Customer
- SMB,Mid-Market,Enterprise
- Contract Type
- Monthly
About Expensify
Expensify is a publicly-traded software company that offers a leading application for expense management, receipt scanning, and business travel. It serves as a preaccounting platform, helping 15 million people worldwide track expenses, book travel, reimburse employees, manage corporate cards, and send invoices.
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