Product Overview of Inlogik
Inlogik is a comprehensive and innovative expense management and card administration platform, designed to streamline and enhance the management of commercial card programs and corporate expenditures. With a history dating back to 1993, Inlogik has established itself as a leader in providing end-to-end commercial card program administration solutions.
What Inlogik Does
Inlogik’s primary focus is on delivering intuitive, intelligent, and innovative expense and card management systems. The platform integrates seamlessly with existing banking systems, allowing corporate customers to manage their card programs efficiently. It offers real-time self-service, global transaction visibility, and robust security features, making expense management effortless for both businesses and financial institutions.
Key Features and Functionality
Card Management
- Card Management Platform (CMP): A modular online platform that interfaces with banking systems, enabling corporate customers to manage their card programs flexibly. It includes features such as card issuing, change requests, verification, and hierarchy management in multi-regional and multilingual contexts.
Expense Management
- Automated Expense Reporting: Automates the process of generating expense reports, reducing manual work and increasing efficiency.
- Receipt Capture: Allows users to capture and upload receipts, which can be integrated into expense reports.
- Policy Compliance: Ensures that all expenses comply with company policies and regulations.
Approval and Workflow
- Multi-Level Approval Workflow: Facilitates a structured approval process with multiple levels of approval, ensuring that all expenses are properly vetted.
- Approval Process Control: Provides control over the approval process, ensuring that all necessary approvals are obtained before expenses are reimbursed.
Integration and Reporting
- Integration with Accounting Systems: Seamlessly integrates with various accounting systems, enabling smooth data transfer and reconciliation.
- Customizable Reports: Offers customizable reporting options, allowing users to generate reports tailored to their specific needs.
- Real-Time Analytics: Provides real-time analytics and visibility into company spend, helping in better financial management.
Security and Compliance
- Data Security: Ensures high levels of data security with compliance to standards such as PCI DSS, SOC2 Type II, ISO27001, and ISO 27701.
- Audit Trail: Maintains a detailed audit trail for all transactions and changes, enhancing transparency and compliance.
Additional Features
- Mileage Tracking: Automatically tracks mileage and generates IRS-compliant reports.
- Per Diem Management: Manages per diem allowances and ensures compliance with company policies.
- Multi-Currency Support: Supports multiple currencies, making it suitable for international businesses.
- Mobile App: Offers a mobile app for on-the-go expense management, ensuring that users can manage expenses from anywhere.
User Experience and Implementation
Inlogik is designed with ease of use in mind, providing an intuitive interface that simplifies every element of corporate card control. The platform can be implemented in stages, allowing for minimal disruption to existing services and ensuring a smooth transition with on-the-ground support staff.
In summary, Inlogik is a robust and flexible expense management and card administration platform that offers a wide range of features to enhance efficiency, compliance, and user experience for businesses and financial institutions.