Pleo Makes Company Payment Cards Available and Expense Reporting Easier
Alyson Wyers — May 24, 2016 — Business
This company payment card works for you by doing your expense reports. Based in Copenhagen, Denmark, Pleo provides employees with a way to expense items for work, while still keeping the company in control of cash flow.
The startup (which has yet to launch) is a new solution that replaces the standard paying out of pocket, collecting of receipts and submitting expense reports. Without requiring a bank change, Pleo is able to offer works company payment cards with individual spending limits. Employees and managers have access to a live dashboard thanks to on-the-go receipt capturing and matching. The Pleo platform can also be integrated with existing accounting systems.
This is a modern way to handle business and time-consuming administrative tasks, freeing up professionals to spend more time doing their jobs.
The startup (which has yet to launch) is a new solution that replaces the standard paying out of pocket, collecting of receipts and submitting expense reports. Without requiring a bank change, Pleo is able to offer works company payment cards with individual spending limits. Employees and managers have access to a live dashboard thanks to on-the-go receipt capturing and matching. The Pleo platform can also be integrated with existing accounting systems.
This is a modern way to handle business and time-consuming administrative tasks, freeing up professionals to spend more time doing their jobs.
Trend Themes
1. Automated Expense Reports - Automated expense reporting platforms like Pleo are disrupting traditional methods of tracking and reimbursing business expenses.
2. Company Payment Cards - The emergence of company payment cards like Pleo are providing an alternative to traditional reimbursement methods and introducing new opportunities for cash flow control.
3. Real-time Expense Tracking - Real-time expense tracking platforms like Pleo are introducing new efficiencies in expense management and improving employee productivity.
Industry Implications
1. Financial Technology - The rise of automated expense reporting and company payment cards is transforming the financial technology industry, opening up new opportunities for innovation and growth.
2. Business Administration - Automated expense reporting and real-time tracking platforms like Pleo are disrupting traditional business administration practices, presenting new opportunities for streamlining processes and saving time and money.
3. Accounting - The integration of automated expense reporting and real-time tracking platforms with accounting systems is transforming the accounting industry, creating new opportunities for efficiency and innovation.
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