Corpay's Expense Management solution, ExpenseTrack, is a comprehensive platform designed to streamline and modernize the expense reporting process. It offers real-time automation, robust security, and customized reporting, all integrated into a single, efficient solution. This cloud-based system replaces traditional manual expense claim filing and wet ink approvals with a paperless, mobile-friendly approach.

Key Features

Mobile App A versatile mobile application that enhances on-the-go expense management.

• Auto-image matching and OCR technology for receipt-to-transaction matching
• Customizable mobile tools for employee preferences
• Google Maps integration for automatic mileage tracking

Paperless Processing End-to-end digital workflow for increased efficiency and cost savings.

• Elimination of physical documentation, printing, and storage expenses
• Streamlined documentation process without physical receipts
• Automated reporting for faster expense approvals

Fraud Reduction Enhanced security measures to protect against unauthorized spending and fraud.

• Real-time transaction information for improved payment protection
• Direct approval of transactions for quicker employee reimbursement
• Customizable spend controls to prevent unauthorized expenditures

Customized Reporting Flexible reporting options tailored to specific business needs.

• Allocation of card purchases to various expense categories
• Streamlined administrative workflows for faster review and approval
• Real-time report reception and review

ERP Integrations

• Seamless integration with existing Enterprise Resource Planning systems.Flexible, ERP-agnostic integrations
• User-friendly API integrations for system connectivity
• Dedicated in-house integration team for smooth implementation

Benefits

Increased Efficiency Streamlines the entire expense management process, saving time and resources.

• 100% paperless reporting capability
• Automated workflows for faster processing
• Mobile-friendly tools for on-the-go management

Enhanced Visibility and Control Provides real-time insights and control over expenses.

• Real-time transaction monitoring
• Customizable spend controls
• Comprehensive reporting options

Cost Savings Reduces expenses associated with traditional expense management methods.

• Elimination of costs related to physical documentation
• Reduced processing times
• Improved accuracy in expense tracking and reimbursement

Improved Compliance Ensures adherence to financial regulations and company policies.

• Customizable controls to prevent unauthorized spending
• Automated tracking and reporting for audit purposes
• Consistent application of expense policies