What is Webexpenses?
Webexpenses is a global provider of spend management solutions, combining integrated Expense Cards with cloud-based software for businesses of all sizes across 70+ countries. Serving industries such as retail, finance, technology, construction, and not-for-profit, Webexpenses gives businesses control over company spending by automating processes, proactively enforcing policies, and controlling costs.
Features
The Webexpenses platform includes both desktop and mobile apps, offering cross-platform auto-sync and tools such as:
Integrated Expense Cards (physical & virtual) with proactive spending controls
Google Vision-powered OCR receipt scanner for out-of-pocket claims
Petty cash management
Automated policy compliance engine
Automatic reconciliation for all corporate card and Expense Card transactions
Integrated mileage tracking and verification
ERP system integration for financial workflows
Benefits
Saves hours per claim by automating data entry for both claims and card spend
Increases real-time visibility and proactive control over spending with live card transaction feeds
Reduces errors and fraud with configurable policies and included auditing tools
Achieves ROI with system payback in as little as three months
Selling propositions of Webexpenses include:
Unlimited claims submissions for active users
24/7 digital in-house support via chat, email, or phone, included for all users globally
Over 100 software and app feature upgrades per year at no extra cost
Fully customisable configurations to meet any expense policy needs
Beyond expense management
Webexpenses also offers solutions for automated invoice processing, corporate travel management, payments and auditing. These integrate with the core expense management system and our Expense Card program to provide a single, comprehensive platform for managing all company spend.
Categories & Use Cases
Media
1 / 6
Screenshot of the Webexpenses mobile app, that captures receipts instantly.
Top Performing Features
Electronic Funds Transfer
Funds can be transferred via EFT as opposed to paper checks.
Category average: 8.2
Employee Expense Reporting
Allows companies to track employee expenses to make cost-effective decisions.
Category average: 8.4
Payment Audit Trail
Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.
Category average: 8.4
Areas for Improvement
Customizable Approval Policies
Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.
Category average: 8
Financial Document Management
Invoices, expense reports, and associated documents are stored within the platform for any future needs.
Category average: 8.3
Advanced OCR
Automatically imports information from invoices, receipts, expense reports, and other scanned documents into the platform.
Category average: 7.8
