Mesh Payments Overview
Mesh Payments is a comprehensive spend management platform designed to provide businesses with total control and visibility over every transaction, streamlining the entire payments workflow and automating time-consuming manual tasks.
Key Features and Functionality
Expense Management
Mesh Payments simplifies the process of creating and managing expense reports. It offers features such as:
- Digital Receipt Management: Users can capture receipts digitally through various methods, including mobile photos and desktop drag-and-drop, which are then automatically parsed to create expense report entries.
- Smart Categorization: The platform automatically assigns categories and accounts based on past entries and credit card statements.
- Employee Reimbursement: Streamlined processes for reimbursing employees, including currency conversions and integration with bank and credit card statements.
SaaS Payment Management
Mesh Payments includes advanced SaaS payment management capabilities, which:
- Connect to All SaaS Platforms: Provide an intuitive and automatic understanding of each SaaS platform and its usage within the organization.
- Subscription Optimization Using AI: Help finance teams understand how many team members are using each product and identify if the company is paying for unused licenses.
- Full SaaS Payment Control and Visibility: Enable financial decision-makers to set preset guidelines for automatic approval or denial of SaaS purchases, lock credit cards to specific vendors, and set spend limits for individual employees.
Travel Management
The platform offers robust travel management tools, including:
- Ease of Booking: Users can book flights, hotels, and rental cars directly from the software.
- Itinerary Management: Manage travel itineraries and receive trip notifications.
Client Invoicing and Payments
Mesh Payments facilitates client invoicing and payments with features such as:
- Invoice Creation and Delivery: Create and send printable or electronic invoices with customizable templates.
- Electronic Payments: Accept electronic payments from clients, enhancing the payment collection process.
Real-Time Reporting and Automation
The platform provides real-time reporting on spend transactions, allowing users to:
- Report in Real Time: Track spend transactions as they happen.
- Multiple Views: Sort and filter reports by vendor, team, department, etc.
- Export Reports: Export reports in various formats such as Excel, CSV, and Google Sheets.
- Automated Workflows: Automate workflows across the entire process from approval to receipt collection, integrating with accounting systems.
Mobile and Administrative Features
Mesh Payments includes:
- Receipt Capture: Capture receipts on the go using mobile devices.
- Workflow and Automated Reminders: Manage workflows and receive automated reminders to ensure timely action on payments and expenses.
Benefits
- Centralized Payment System: Mesh Payments centralizes all payments in one powerful system, eliminating the need for multiple credit cards and manual processes.
- Increased Efficiency: Automates manual tasks, saving hours in closing books every month.
- Enhanced Visibility and Control: Provides real-time notifications and detailed insights into corporate spend, enabling better financial decision-making.
- Scalability: Supports unlimited SaaS apps and users without additional costs.
Overall, Mesh Payments is a powerful tool for businesses looking to streamline their spend management, enhance financial visibility, and optimize their payment processes.