Center is a comprehensive corporate card and expense management solution designed to streamline and simplify the process of managing employee expenses, corporate travel, and overall financial operations within an organization.
What Center Does
Center provides businesses with real-time visibility into all employee spending, automating the traditional expensing experience and cumbersome accounting tasks. This solution is tailored to give finance teams the controls and data necessary for optimal decision-making, ensuring compliance with corporate policies and efficient financial management.
Key Features and Functionality
Real-Time Expense Management
Center offers a card-first experience where every employee expense is run through corporate policies in real-time, ensuring timely approvals and smooth month-end closes. This approach eliminates the need for batch-based expense reporting, making the process more efficient and accurate.
Automated Expensing
The platform automates the expensing process, reducing the manual workload associated with traditional expense reporting. This includes automated categorization, approval workflows, and reconciliation, all of which are customized to fit the organization’s specific accounting practices.
Corporate Card Management
Center includes a corporate card, known as CenterCard, which is based on the company’s credit worthiness rather than personal credit. This card integrates seamlessly with the expense management software, providing a unified solution for managing all corporate expenditures.
Comprehensive Visibility and Controls
The solution provides real-time visibility into all employee spending, allowing finance teams to monitor and manage expenses effectively. It includes robust controls and data analytics to help in making informed financial decisions.
Customization and Deployment
Center is designed to be highly customizable, adapting to the specific needs and workflows of each organization. The deployment process is streamlined, ensuring immediate value and confidence in the solution through a high-touch approach.
Multi-Industry Support
Center is not limited to specific industries; it is designed to help businesses across all sectors manage their corporate cards, travel expenses, and overall employee expenditures in a unified and efficient manner.
In summary, Center is an innovative expense management solution that combines real-time visibility, automation, and customization to simplify and optimize corporate financial management processes.