Credit card import

 

Credit card providers can send your credit card charges electronically and this file is used to create a credit card claim populating the expenses automatically.

How it works
At the end of each month you receive your electronic file of your company’s credit card spend. Our  credit card wizard allows you to upload this file to Expense Manager. A claim is created for each cardholder with all of their expenses matched to the correct general ledger code and cost centre. The cardholder simply adds any additional information that you may require, such as a ‘reason’ for the expense.
Of course the credit card interface complies with best practice security procedures and card data is never transmitted unencrypted.
The claim is then ready for submit to the nominated approver. After approval your Accounts Payable staff can include a finalized claim into a batch file for upload to your finance system. The rekeying of credit card data is gone forever!