Emburse has partnered with financial firms so a business can choose its preferred funding method. The cards are optimized for small and medium-sized businesses ( SMBs) and large organizations. Organizations now benefit from a simple, timely way to improve spend visibility, and eliminate potential fraud and wasteful spend.” “With the launch of Emburse Cards for Abacus, we can now give finance teams complete control from purchase to reconciliation, with real-time workflows and automation. “Many organizations have long struggled with the challenge of gaining real-time visibility into purchases made on corporate cards, and, as a result, they were unable to get an accurate and timely picture of employee spend,” said Ted Power, chief product officer of Emburse. Spending parameters can be set through a dashboard, with highly customizable options. The cards are meant for either ongoing business and travel expenses or as single-use cards for one-time purchases. First, we launched the integration of Emburse Cards and Abacus, which enables policy-based cards to be easily issued and administered directly within the expense solution. “Travelers who make purchases using their Emburse card will be prompted to capture an image of the receipt, and submit the expense within moments of spend taking place, drastically eliminating the time and effort needed to reconcile traditional corporate card expenses, while increasing employee productivity.” The new offering also gives organizations deeper, real-time insight and control over corporate expenses,” the press release said. expense, and shall use commercially reasonable efforts to cause their. But theres a lot of power underneath the hood and were able to use Abacus for expense management, expense reporting analytics, candidate recruiting expenses, professional contractor payment, and corporate card. You get everything you need and nothing you dont. “Integrating Emburse Cards into Abacus gives administrators the ability to easily issue and manage corporate cards within their real-time expense management solution, providing a more seamless and user-friendly experience. ABACUS INTERNATIONAL HOLDINGS LTD, a Cayman Islands company and having its. Third Quarter 2023 Results (on a Proforma Basis) Active management revenue for the third quarter of 2023 increased 70 to 18.9 million, compared to 11.1 million in the prior-year period. Gone are expense reports, long reimbursement times, and difficult interfaces. Emburse Cards will provide users with both virtual and physical solutions for corporate cards, and that will allow for an ability to make purchases that are more user-friendly, while letting organizations enforce expenses more easily in real time. Expense management company Emburse has launched Emburse Cards for Abacus B2B customers to use as a real-time expense management service, according to a press release.
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