02. How businesses use Extend

Make Extend work for you

3 min read

Of course, every business is unique, so the way you set up and use Extend will be customized to fit your company. No matter how you manage employee spending or reconcile the books, Extend offers features that flex to meet your business needs—making your job a whole lot easier.

Here are some of the many ways you can use Extend:

Accounts payable

Pay vendors and suppliers

Mitigate fraud when you pay invoices and manage recurring vendor payments or subscription costs with the control and security of virtual cards—one card for each payment or entity!

Procurement

Give your team a more secure way to pay

Simplify procurement processes with easy requests and approvals to delegate purchasing power. Send team members budgets and virtual cards instead of sharing plastic cards.

Employee expenses

Empower non-carded employees who need to make purchases

Control employee spending, gain real-time visibility over every transaction, and keep everyone accountable for their own charges and receipts—perfect for travel expenses!

Budget allocation

Organize and co-manage spending across your company

Track spending for departments, projects, clients, multi-locations, and vendors and keep virtual cards organized. Share a budget with anyone responsible for spending so they can create virtual cards and manage spend under your purview.

Accounting

Close the books faster

Tag virtual cards and transactions with expense category codes and streamline your accounting processes to reduce manual reconciliation, paper expense reports, and receipt chasing.

Reporting

Gain insight into company spending all in one place

Capture the who, what, and where of all company spending with robust reporting on transactions, virtual cards, budgets, and even out-of-pocket expenses.

Whatever business you’re in, managing company spending is an arduous task. But with Extend, you can embrace one simple solution to many painstaking challenges.

Additional resources

Customer success stories

Introduction

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Navigating the platform

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