American Express and American Express Global Business Travel launch new integration to help streamline spend management for small businesses
- The new American Express and Amex GBT integration provides small and mid-sized businesses with better visibility and control over a range of employee spend including budgeting, purchasing with virtual Cards, booking business travel, and streamlined expense processing.
- Manual employee expense management processes cost businesses significant time and money and are prone to human error – issues that are only magnified for small and mid-sized businesses with more finite resources. More than a third (37%) of financial leaders say processing expense reports is a drain on time, according to Amex GBT.
- Digital payments like virtual Cards can help address these issues, as they help automate the expense management process, including employee spend management, with the option for employers to set specific spending controls and permissions.
- Businesses are looking for a seamless management solution that minimizes the traditional complexities of manual expense processes.
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