Expend is an expense management platform that automates receipt and invoice processing, integrates with accounting software, and provides smart Mastercards for employee spending. It eliminates manual data entry errors and enhances visibility into company spending, significantly improving efficiency for finance teams and employees.
Funding
$1.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses still rely on manual processes for expense management, leading to errors, inefficiencies, and a lack of real-time visibility into company spending. Traditional methods consume valuable time for both employees and finance teams, hindering productivity and increasing the risk of inaccurate financial reporting.
Solution
Expend offers an all-in-one expense management platform that automates receipt and invoice processing, integrates with accounting software, and provides smart Mastercards for employee spending. The platform eliminates manual data entry through AI-powered automation, improving accuracy and streamlining expense report submissions. By connecting bank cards and utilizing budget-controlled Expend cards, businesses gain complete visibility over company spending in real-time. Expense policies can be precisely set to enforce compliance with business requirements, ensuring adherence to company guidelines.
Target Audience
Expend is designed for small to large businesses, finance teams, and accountants seeking to streamline expense management, improve accuracy, and gain better control over company spending.
Features
- Automated receipt and invoice processing using AI-powered data extraction
- Smart Mastercards for employee spending with customizable budget controls
- Mobile app for on-the-go expense management, including receipt capture and mileage tracking
- Card Connect feature to sync transactions from existing Visa and Mastercard business cards
- Real-time visibility into all company spending across connected cards
- Integration with accounting software for seamless data synchronization
- Customizable expense policies to enforce compliance with business requirements
- Google Pay integration for contactless payments