About Zact

Zact offers an integrated platform for corporate card management, expense tracking, and accounts payable automation. It streamlines financial operations by providing real-time spending insights, automated expense reporting, and efficient reconciliation with accounting systems.

<problem> Businesses face challenges managing corporate expenses, with employees often delaying reporting, managers slow to approve, and finance departments struggling with visibility and control. This leads to inefficient spend management, potential budget overruns, and administrative overhead. </problem> <solution> Zact provides an integrated platform for corporate card management, expense tracking, and accounts payable automation. The platform streamlines financial operations by offering a unified system for payments and payables, reducing manual work and enhancing financial control. It enables businesses to gain real-time insights into spending, automate expense reporting, and integrate seamlessly with accounting systems for efficient reconciliation. </solution> <features> - **Card Management (Cardz™):** Enterprise-grade software-based program offering flexible business card options with customizable spending limits and permissions for enhanced cost control and compliance. Features include bank-grade fraud protection, real-time expense data access, and support for standard and prepaid cards. - **Expense Management (Expenz™):** Automates expense reporting and integrates with accounting systems to streamline the invoice-to-accounts-pay process. Provides real-time insights into expenses, budget alignment with credit limits, and intelligent spend controls. - **AP Automation (Billz™):** An end-to-end solution for accounts payable, streamlining invoice processing from receipt to payment. Features include automated invoice processing with intelligent bill coding, integrated approval workflows with PO matching, and migration of check volume to card and ACH payments. - **API Suite:** Offers APIs for card management, ledger management, and budget management, enabling developers to build custom fintech solutions. Use cases include continuous compensation for gig workers, subscription service payment management, and fleet expense controls. - **White-label Solutions for Banks:** Provides embedded finance solutions for financial institutions to offer to their corporate clients, including AP Automation and Expense Management, generating subscription and transaction revenues. - **Compliance:** Adheres to SOC1, SOC2, PCI-DSS, CCPA, and GDPR standards for secure global deployments. </features> <target_audience> Zact serves businesses seeking to optimize their financial operations, including small to medium-sized enterprises and larger corporations. It also provides white-label solutions for financial institutions and partners looking to embed these capabilities into their offerings. </target_audience> <revenue_model> Revenue is generated through per-user pricing for its software suite, with a 1% rebate on card purchases that can offset subscription fees. For banks, revenue includes shared subscription and transaction fees from AP automation and expense management services. </revenue_model>

What does Zact do?

Where is Zact located?

Zact is based in Saratoga, United States.

Location

Saratoga, United States

Employees

34 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Zact

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

zact.com 2K+

Crunchbase

Saratoga, United States

Funding

No funding information available.

Team (30+)

No team information available.

Company Description

Problem

Businesses face challenges managing corporate expenses, with employees often delaying reporting, managers slow to approve, and finance departments struggling with visibility and control. This leads to inefficient spend management, potential budget overruns, and administrative overhead.

Solution

Zact provides an integrated platform for corporate card management, expense tracking, and accounts payable automation. The platform streamlines financial operations by offering a unified system for payments and payables, reducing manual work and enhancing financial control. It enables businesses to gain real-time insights into spending, automate expense reporting, and integrate seamlessly with accounting systems for efficient reconciliation.

Features

Card Management (Cardz™): Enterprise-grade software-based program offering flexible business card options with customizable spending limits and permissions for enhanced cost control and compliance. Features include bank-grade fraud protection, real-time expense data access, and support for standard and prepaid cards.

Expense Management (Expenz™): Automates expense reporting and integrates with accounting systems to streamline the invoice-to-accounts-pay process. Provides real-time insights into expenses, budget alignment with credit limits, and intelligent spend controls.

AP Automation (Billz™): An end-to-end solution for accounts payable, streamlining invoice processing from receipt to payment. Features include automated invoice processing with intelligent bill coding, integrated approval workflows with PO matching, and migration of check volume to card and ACH payments.

API Suite: Offers APIs for card management, ledger management, and budget management, enabling developers to build custom fintech solutions. Use cases include continuous compensation for gig workers, subscription service payment management, and fleet expense controls.

White-label Solutions for Banks: Provides embedded finance solutions for financial institutions to offer to their corporate clients, including AP Automation and Expense Management, generating subscription and transaction revenues.

Compliance: Adheres to SOC1, SOC2, PCI-DSS, CCPA, and GDPR standards for secure global deployments.

Target Audience

Zact serves businesses seeking to optimize their financial operations, including small to medium-sized enterprises and larger corporations. It also provides white-label solutions for financial institutions and partners looking to embed these capabilities into their offerings.

Revenue Model

Revenue is generated through per-user pricing for its software suite, with a 1% rebate on card purchases that can offset subscription fees. For banks, revenue includes shared subscription and transaction fees from AP automation and expense management services.