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New Feature: Decentralize Spending and Start Earning With Procurify Spending Card

October 19, 2023

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:
https://www.procurify.com/blog/procurify-announces-spending-card/

We all know how challenging the last few years have been, and given that the world has all but shifted to a work-from-home lifestyle, operational leaders need to begin empowering teams to purchase what they need, when they need it, in order to hit targets and contribute to growth.

But spending (and better yet, managing spending) in a remote-first world isn’t all sunshine and rainbows. No, no. In many cases, it requires too many approval steps, takes too much time, and lacks the visibility required to accurately forecast for the future.

To solve this problem, we’re pleased to introduce our latest feature to the Procurify Platform: Procurify spending card.

🚨 Read the press release here 🚨

Here’s everything you need to know.

What the heck is spending card?

We’re glad you asked…

Procurify spending card is a fee-free, low-risk way for teams to decentralize spending and purchase what they need, when they need it. With spending card, finance and operations teams can streamline purchasing timelines and guarantee compliance, all while retaining administrative control. Most importantly, this feature empowers organizations to safely scale their spending without losing visibility into the who, what, where, why, and when of each and every purchase.

With spending card, you can:

  • Issue cards in minutes and pre-approve funds for quick and safe spending
  • Empower teams to purchase what they need, when and where they need it
  • Tame rogue spending and maintain organizational control and accountability with enhanced visibility
  • Accelerate reconciliations and eliminate time-consuming reimbursements
  • Reduce the risk of fraud and increase security

Not only does spending card empower team members to spend flexibly and securely, but it contributes to even greater success in 2022 and propels our customers forward on their journey to accomplish their missions.

via GIPHY

More time saving, less money wasting

Purchasing quickly is only one piece of the spending pie. The other piece lies in saving money, and that’s what Procurify spending card aims to do.

But wait, there’s more…

via GIPHY

As if a new feature and the highest rate of cash back on the market wasn’t enough, we’re also launching our Bills Beta!

Joining our Bills Beta gets you early access to our bill pay and automated bill pay creation features, which will change the way you work for good. Use these features to effortlessly receive, process, and pay invoices while meeting vendor requirements and maximizing cash flow, all from within the Procurify Platform.

The sooner you sign up for the beta, the more you’ll earn, too!

Why leave it there?

To learn more about Procurify

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