PEX offers commercial businesses, churches and nonprofit organizations an integrated online solution for simplifying the management of expenses. The software enables businesses to migrate from traditional methods of handling petty cash and instead issue funds to employees and volunteers via prepaid debit cards, accepted at all Visa destinations. The cards and the associated accounts can then be administered via an intuitive browser-based portal or with companion mobile apps for iOS and Android devices.
Management features include the ability to instantly view card and account balances, tracking purchases made and the funds left for each cardholder. Amounts can then be added or removed manually or scheduled automatically to cover expenditure over a certain period. Managers can also activate or block cards remotely, while cardholders can assist the expense reporting process by capturing receipts and adding the photo along with any additional notes to detailed transaction records. PEX also improves expenses visibility by tracking activity in real time, sending data to other accounting and expense management apps integrated via API while providing a plethora of rich reporting options.
PEX offers commercial businesses, churches and nonprofit organizations an integrated online solution for simplifying the management of expenses. The software enables businesses to migrate from traditional methods of handling petty cash and instead issue funds to employees and volunteers via prepaid debit cards, accepted at all Visa destinations. The cards and the associated accounts can then be administered via an intuitive browser-based portal or with companion mobile apps for iOS and Android devices.
Management features include the ability to instantly view card and account balances, tracking purchases made and the funds left for each cardholder. Amounts can then be added or removed manually or scheduled automatically to cover expenditure over a certain period. Managers can also activate or block cards remotely, while cardholders can assist the expense reporting process by capturing receipts and adding the photo along with any additional notes to detailed transaction records. PEX also improves expenses visibility by tracking activity in real time, sending data to other accounting and expense management apps integrated via API while providing a plethora of rich reporting options.
Specifications
24/7 Support
Yes
Business Size
Mid-Market
Deployments
Cloud
Language Support
English
Platforms
Product Details
Features
Accounting software intergration
Prepaid corporate cards
Employee access via web or app
Track and limit expenses
PEX apps for iOS & Android
Real time spend monitoring
Real time tracking and reporting
Third party integration
Mobile receipt capture
Approve spending limits
ACH payment processing
Automated expense input
Benefits
PEX is web-based management solution suitable for managing the expenses of business employees or volunteers, combining online and mobile administration with prepaid Visa debit cards.
Use PEX to establish daily spending and transaction limits for an employee base, while specifying approved merchant categories and also specific vendors.
Administrators can centralize the issuing of traceable funds to cardholders on an ad hoc or scheduled basis, instantly wiring money for all sorts of purposes and eliminating the handling of physical petty cash.
Receipt capture feature aids expense reporting with the ability to snap a photo of a receipt while out in the field before uploading and attaching to transactions, alongside any additional notes.
PEX Card app for Android and iOS devices enables cardholders to access card information and view balances, while giving administrators account management tools such as adding and removing funds while on the move.
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