Ariett Travel and Xpense streamlines the expense reporting process by providing credit card integration between your employees’ personal and corporate credit cards and their expense reports. When employees access their credit card transactions and select an expense type for the transactions, the credit card charges automatically populate the expense report line items. Once all credit card transactions have been entered, employees can attach receipts and complete any policy requirements. Approvers and finance team members can view all credit card expenses and associated receipts from any browser or mobile device and even from within the financial system.
By moving from manual to automated reconciliation of credit card charges with expense line items, your AP team can increase efficiency and reduce errors in the reconciliation process. To check for credit card transactions that haven’t been entered into an expense report, your managers can run a report for a defined period of all credit card transactions. This capability encourages timely reporting of employee credit card expenses, and credit card integration means it can be done quickly without the paper mess.
Capture Merchant & Transaction Details
With Ariett Xpense, a single credit card transaction line item can be itemized and costs can be allocated to different general ledger account codes, allowing you to capture tax, rates and other important transaction details. For example, when renting a car, an employee can break down the credit card transaction into rates, taxes fuel, and surcharges for different GL accounts. Merchant details are available for analysis across employee transactions to capture trending details and to validate price agreements.