Expense Reimbursements
Fast and easy approval and processing of employee expense reimbursements.
Executive Summary
Pleo's Expense Reimbursements solution streamlines and automates the process of managing employee expenses. It enables fast and easy approval and processing, often completing reimbursements in less than 24 hours. The platform empowers employees to submit their own expenses efficiently, reducing manual effort for finance teams. This leads to increased productivity for the finance function and a preferred experience for employees compared to traditional methods. Designed for ease of use, Pleo incorporates clear approval workflows and leverages machine learning for invoice entry, automatically pulling previous coding for recurring expenses. This not only enhances finance team productivity but also improves the employee experience by simplifying the submission and tracking of reimbursements, ensuring continuous compliance with relevant standards.
Use Cases
- Streamlining employee expense submission and approval
- Automating receipt capture and invoice data entry
- Accelerating reimbursement processing to under 24 hours
- Ensuring compliance with expense policies and regulations
- Integrating with accounting systems for seamless reconciliation
Features
Intelligence
- Machine Learning for Invoice Entry: Automatically pulls previous coding on past invoices and assists with data extraction from receipts.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- Pleo AI
- OCR
Integrations
- Xero
- QuickBooks
- NetSuite
- Sage
- Economic
Security & Compliance
Certifications: PCI-DSS, SOC 2, ISO 27001, GDPR, FCA regulated, DFSA regulated
Encryption: Bank-grade encryption
Pricing
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market,Enterprise
About Pleo
Pleo is a Danish financial technology company founded in 2015 by Jeppe Rindom and Niccolo Perra, specializing in business spend management solutions. The company offers smart company cards and an integrated platform to manage expenses, reimbursements, invoices, and budgets, aiming to streamline financial processes for businesses.
Alternatives to Expense Reimbursements
- Expensify by Expensify — AI-Powered Spend Management & Reimbursements for businesses of all sizes.
- Expensify Card by Expensify — Smart corporate cards with cash back, real-time expense tracking, and automated reporting.
- Expensify Travel by Expensify — Seamless corporate travel booking and management, integrated with Expensify expenses.
- Flexible Spending Accounts (FSAs) by HealthEquity — Manage healthcare and dependent care expenses with tax-advantaged Flexible Spending Accounts.
- FreshBooks Mobile App by freshbooks — Manage your small business accounting, invoicing, and expenses on the go.
- Health Reimbursement Arrangements (HRAs) by HealthEquity — Integrated, employer-funded health benefits for cost control and employee support.
- Navan by Navan — Unrivaled visibility, control, and savings for corporate travel and expenses.
- Navan Expense by Navan — Automate expense management, reimbursements, and reporting with AI-powered insights.