Fyle Inc, the expense management platform, has teamed up with Decimal, a financial operations technology platform for SMBs, to automate expense reporting and credit card reconciliation.
Fyle’s unique approach to expense management by integrating with all credit cards to provide real-time feeds, and its robust 2-way integration with QuickBooks Online made it an easy choice for Decimal to select Fyle as a technology partner. As soon as employees spend on their cards, they get notified via SMS and Slack. Employees can reply to the text with a picture of the receipt, and Fyle matches it to the right expense instantly.
This partnership means Decimal’s customers will gain access to AI-enabled expense management software, the freedom to choose their own business credit card, and spend analytics to make efficient financial decisions.
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“We have been working to build a world where not a single second is spent on managing expenses. Administering staff expenses isn’t core to anyone’s role, but it’s time-consuming and frustrating”, said Yashwanth Madhusudan, CEO, Fyle. “We look forward to working closely with the Decimal team to bring the combined best-in-class solution to SMBs in the US.”
“By joining services with Fyle, we can help a broader range of businesses manage their expenses, categorize financials and develop scalable processes for controlling the spending across a company,” said Matt Tait, CEO, Decimal. “Strong financial operations have to start with a strong foundation of processes, technology, and people.”
Decimal solves financial operations for small and mid-sized businesses with bookkeeping, technology setup/support, bill pay, payroll, and more. By understanding the operations and the goals for each business, Decimal builds a blueprint for success by capitalizing on the best technology, processes, and accounting expertise for each area of business.
SOURCE: PRNewswire