Of course, every business is unique, so the way you use Extend will be customized to fit your company. No matter how you manage employee spending or reconcile the books, Extend offers features that flex to meet your business needs—making your job a whole lot easier.
Here are the most common ways businesses use Extend:
Accounts payable
Pay vendors and suppliers
Pay invoices and manage recurring vendor payments or subscription costs with the control and security of virtual cards—one card for each payment or vendor.
Pass-through and procurement
Give your team a more secure way to pay
Simplify procurement processes—whether for your company or on behalf of your clients—with easy requests and approvals. Send budgets and virtual cards to your team instead of sharing plastic cards.
Employee expenses
Empower non-carded employees who need to make purchases
Control employee spending, gain real-time visibility over every transaction, and keep everyone accountable for their own charges and receipts—perfect for travel expenses!
Budget allocation
Organize and co-manage spending across your company
Track spending for departments, projects, clients, multi-locations, and vendors and keep virtual cards organized. Share a budget with anyone responsible for spending so they can create virtual cards and manage spend under your purview.
Accounting
Close the books faster
Automate expense coding of all transactions and streamline your reconciliation process. Bid farewell to manual data entry, paper expense reports, and receipt chasing!
Reporting
Gain insight into company spending all in one place
Capture the who, what, and where of all company spending with robust, automated reporting on transactions, virtual cards, budgets, and even out-of-pocket expenses.
Whatever business you’re in, managing company spending is an arduous task. But with Extend, you can embrace one simple solution to many painstaking challenges.
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