Spenmo

Spenmo Integrates with Xero for Automated and Error-free Reconciliation

Spenmo is the go-to payments solution for growing businesses. It is an end-to-end payables software that brings internal spend management, corporate cards, automated bill payments, approval workflows and accounting reconciliation into an integrated view.

At Spenmo, we want our customers to have a magical payables experience. When you use Spenmo and Xero for your business, you can take advantage of these amazing benefits:

• Automated Bill Uploads: Upload up to 1000 invoices. Our system automatically extracts the data, reducing errors from manual data entry.
• Real-time Payment Updates: Receive real-time updates on your payment’s status - from created, to paid, and reconciled. 
• Instant reconciliation: Spenmo handles both the bill creation and its payment, allowing 100% automatic and accurate reconciliation.
• Lowest overseas transfer rates: Enjoy 0%FX markup from cross-border payments
• Corporate Smart Cards: Issue unlimited physical and virtual cards to your team
• All-in-one payments solution: Replace expensive point solutions with a single platform that extracts and uploads bill data, processes employee claims, and automates payments.

In its latest feature update, Spenmo users now enjoy an advanced integration with Xero that ensures 100% error-free reconciliation of bills to payments, cutting down the processing time by up to 90%.