OmniCard®

About OmniCard®

OmniCard provides a unified platform for managing business expenses through RuPay corporate cards and UPI payments, enabling efficient tracking and control of operational costs. The solution addresses the challenges of fragmented spending processes in businesses, offering features like in-app KYC, approval workflows, and real-time expense reporting.

```xml <problem> Many businesses struggle with fragmented and inefficient expense management processes, leading to difficulties in tracking operational costs and controlling spending across various payment methods. Traditional systems often involve manual processes, making it challenging to gain real-time visibility into expenses and ensure compliance with company policies. </problem> <solution> OmniCard offers a unified spend management platform that streamlines business expenses through RuPay corporate cards and UPI payments. The platform provides businesses with tools to efficiently track and control operational costs, offering features such as in-app KYC, approval workflows, and real-time expense reporting. By consolidating various payment methods into a single platform, OmniCard simplifies expense management, reduces administrative overhead, and enables data-driven decision-making. The platform's API-driven integration allows for customization and seamless integration into existing workflows, providing businesses with a flexible and scalable solution for managing their spending. </solution> <features> - RuPay prepaid cards enabled for POS, online, and UPI payments - Dynamic spending controls for individual cards and bulk issuance - In-app KYC for quick and easy user onboarding - Approval workflows for managing and authorizing expenses - Real-time expense tracking and reporting - Integration with existing accounting and ERP systems via APIs - Gift card generation for customer loyalty programs and business incentives - Omnichannel payment support for sending and receiving payments across multiple channels - Ability to set spend limits and control card settings - Mobile app for easy expense management and fund requests </features> <target_audience> OmniCard primarily targets SMEs and corporate businesses in India seeking to streamline their expense management processes, gain better control over spending, and reduce administrative overhead. </target_audience> ```

What does OmniCard® do?

OmniCard provides a unified platform for managing business expenses through RuPay corporate cards and UPI payments, enabling efficient tracking and control of operational costs. The solution addresses the challenges of fragmented spending processes in businesses, offering features like in-app KYC, approval workflows, and real-time expense reporting.

How much funding has OmniCard® raised?

OmniCard® has raised $2.9M.

Funding
$2.9M
Employees
53 employees
Investors
Ankurit Capital

OmniCard®

Executive Summary

OmniCard provides a unified platform for managing business expenses through RuPay corporate cards and UPI payments, enabling efficient tracking and control of operational costs. The solution addresses the challenges of fragmented spending processes in businesses, offering features like in-app KYC, approval workflows, and real-time expense reporting.

Funding

No specific funding rounds found.

Total Funding

$2.9M

Backed by

Ankurit CapitalTaisys

Team (50+)

No team information available.

Company Description

Problem

Many businesses struggle with fragmented and inefficient expense management processes, leading to difficulties in tracking operational costs and controlling spending across various payment methods. Traditional systems often involve manual processes, making it challenging to gain real-time visibility into expenses and ensure compliance with company policies.

Solution

OmniCard offers a unified spend management platform that streamlines business expenses through RuPay corporate cards and UPI payments. The platform provides businesses with tools to efficiently track and control operational costs, offering features such as in-app KYC, approval workflows, and real-time expense reporting. By consolidating various payment methods into a single platform, OmniCard simplifies expense management, reduces administrative overhead, and enables data-driven decision-making. The platform's API-driven integration allows for customization and seamless integration into existing workflows, providing businesses with a flexible and scalable solution for managing their spending.

Features

RuPay prepaid cards enabled for POS, online, and UPI payments

Dynamic spending controls for individual cards and bulk issuance

In-app KYC for quick and easy user onboarding

Approval workflows for managing and authorizing expenses

Real-time expense tracking and reporting

Integration with existing accounting and ERP systems via APIs

Gift card generation for customer loyalty programs and business incentives

Omnichannel payment support for sending and receiving payments across multiple channels

Ability to set spend limits and control card settings

Mobile app for easy expense management and fund requests

Target Audience

OmniCard primarily targets SMEs and corporate businesses in India seeking to streamline their expense management processes, gain better control over spending, and reduce administrative overhead.

Sources:

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