Expend, a business expense management platform, has introduced Card Connect, a feature that integrates Mastercard and Visa business card expense data directly into their digital expense management system.
Card Connect allows companies to link multiple business cards to a single platform, enabling users to view and submit all expense claims in one app. The feature provides instant visibility of card payments in the app, allows for immediate receipt upload and expense categorization, and facilitates swift expense submission and approval.
Expend claims that Card Connect streamlines the expense management process, reduces administrative burdens, and improves real-time visibility. The company also emphasizes that the feature offers flexibility by supporting various business cards, eliminating the need for multiple logins or banking apps, and removing potential errors associated with manual data input.
Analyst QuickTake: Expend's introduction of real-time integration for Mastercard and Visa business cards marks the first time a UK platform has offered such integration. The integration with leading global payment providers positions Expend as a strong competitor in the business expense management market.
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