Create an expense management solution that finance teams and end users love
Companies want to automate their financial processes to gain visibility and control of their spend, while keeping their employees happy and productive. Integrated payment cards are a key part of modern expense management, but payment processing solutions are not created equal.
Enfuce’s flexible processing platform powers smooth end user experiences, automated payment data flows and scaling volumes. Enabling you to focus on your core business.
Five new perspectives on how integrated payment cards can take your expense management solution to the next levelDownload our solution brochure
Key benefits of Enfuce Expense Management cards
Adapt to different customer needs
Some companies want to issue cards for all their employees while others prefer to give them to just a select few. Whatever your customers’ needs, our flexible card processing platform makes it easy to deliver a great cardholder experience.
In addition to the personal expense cards, you can create card products for different use cases, such as virtual cards for recurring purchases like subscriptions or disposable cards for instances where an employee doesn’t have continuous use for a card. Enfuce supports prepaid, debit, and credit cards.
Enable visibility and control
Create the spend visibility finance teams seek with rich card transaction data and real-time notifications about spend. Enfuce’s advanced spend controls and features like one-off cards make enforcing company policies and budgets possible but empower employees to spend when needed. In addition, spend controls are easy to configure which means that cards only work in approved places.
Built for growth
Enfuce’s platform is built for growth. Our cloud-based processing scales effortlessly as your card and transaction volumes grow. With our Multi-country feature, we’ve also made it easy for you to launch in new markets across the EEA and the UK. We take care of payment regulation, fraud prevention, and compliance across markets, allowing you to focus on launching and growing your business.
Create additional revenue streams
Companies’ needs for their expense management solution vary greatly – depending on the size of their organisation, the type of business they’re in, and how they typically spend. We make it easy to create differentiated offerings for different subscription tiers. We let you keep the interchange fee and set other fees and interest rates.
Key features to make it happen
Expense cards instantly in use
Enfuce supports instant issuing for both physical and virtual cards. As a result, cardholders can add their card to digital wallets like Apple Pay or Google Pay and start making e-commerce purchases as soon as they are given a card.
Smooth and secure payment experience
Customers can select physical, virtual, or tokenised cards based on their needs. Enfuce’s modern payment cards have easy onboarding and smooth authentication. Enfuce also supports multiple cards per account if needed.
Notifications to remember to file expenses
Enfuce’s flexible real-time APIs and transaction notifications make it easy to remind cardholders to file their receipts.
Advanced spend controls
Allocate budgets with spend limits, define what kinds of merchants cards can be used with, and what kind of spend patterns are acceptable with Enfuce’s sophisticated spend and authorisation controls.
Enfuce provides two ways to access transaction data enabling user-friendly processes and budget management. Real-time API access to transaction data gives up-to-date visibility and control of expenses, and Enfuce’s rich payment data reports enable data analytics and forecasting.
Account hierarchies link cardholders’ accounts so that they can be managed as a group. This allows you to set spend controls on a top account and have them apply to all accounts and cards under it. Account hierarchies make it easy to enforce team budgets or e.g. block ATM withdrawals for whole groups of cards at once.
Expanding to new country markets with your card portfolio is made easy with Enfuce’s multi-country feature.
Card programme management
Co-create a roadmap that helps you stay competitive. Our experts are at your service. Solution Consultants help you define the card solution you’re looking for and Project Management ensures your implementation project and card launch goes according to plan.
Once your cards are live, you’ll have a committed Customer Success Manager as your point of contact for any issues or questions, keeping you informed of updates to Enfuce’s platform. We support you as you grow and manage your card programme.
Compliance and security are fundamentals to everything we do – we invest heavily in them to ensure that your card programme remains compliant now and in the future.
Our compliance experts follow the evolving regulations and we invest in PCI-DSS certifications, for example, so you don’t need to. This way you avoid the need to maintain a large in-house compliance organisation – we enable you to run your card programme in a lean manner.
Read more about our partnership with Pleo
“The partnership with Enfuce has enabled us to accelerate our growth into new markets across Europe and allows us to offer Pleo to even more forward-thinking companies everywhere.”
Thorbjørn Fink, COO at Pleo
Track and manage e.g. software subscriptions by allocating virtual cards specifically for this purpose. Designated cards for recurring transactions give better visibility and control. They also reduce the risks associated with cards being tied to individual employees who may leave the company.
One-off cards, single use cards. Whatever you call them, disposable virtual cards are a very convenient way to enable employees to spend company money while having built-in safeguards against off-policy spend.
The use cases can range from enabling a new remote worker to buy needed supplies to get started, to someone needing to prepay for a team day venue. In addition, as distributed work has become commonplace, there are increasing instances where a company needs to allocate spend to employees who might not have an ongoing need for their own card.
We have an existing expense management card programme – is migrating possible with Enfuce?
Enfuce has extensive experience in card programme migrations. We’ve done both re-carding and data migrations. So we can help you choose the best approach, scope and plan your migration, and manage the migration project.
How do I make sure my expense cards aren’t used at unauthorised vendors?
Enfuce spend controls support merchant category code (MCC) blocking, which allows you to define what types of businesses cardholders can spend with.
Can I customise the design and branding of my expense management card to reflect my company’s identity?
Yes, we offer several customisation options. You are free to choose your own payment card manufacturer or opt for Enfuce’s MyCard for a faster launch.
What types of payment cards are available for expense management purposes?
Enfuce’s expense management solution supports all card types, meaning you’re all set whether you want to issue a debit card, credit card, prepaid card, tokenized card or disposable card.