Yordex adds business card to spend management solution
UK-based spend management software company Yordex has announced that it is adding company cards to its spend management solution, in a move designed to give businesses complete visibility and authority over their current and future finances.
Adding company cards to its smart spend management solution is designed to empower employees to make autonomous purchases within set spending limits. Receipts and invoices are automatically matched with expenses and the correct VAT rate is applied, which should reduce the administrative and compliance burden placed on staff. Businesses can also manage online spending, such as subscriptions, through virtual cards, avoiding the need to pass physical cards around the office.
By introducing smart company cards that are fully integrated with its spend management platform, the company says that businesses will be able to make insight driven decisions, enabling real-time spend visibility and accurate cash flow control through the use of Yordex’s financial reporting tools.
Yordex says that companies already using its spend management solution will be offered complimentary cards.