Streamline Your Finances: PEX’s Latest Enhancements for Easy Reconciliation

At PEX, we’re dedicated to simplifying your financial operations, especially when it comes to closing your books with precision and timeliness. Our latest updates are designed to make reconciliation smoother than ever, featuring enhanced integrations and new usability features that address some of your biggest challenges. Set a Default PEX Account Managing multiple PEX accounts…

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The Future of Finance: Automating Expense Management with SAP Concur and PEX

Picture this: It’s the end of the quarter, and you’re burning the midnight oil. You have countless tabs open on your browser – all spreadsheets. Receipts overflow in your inbox, and that nagging feeling of “Did we catch everything?” haunts you. Sound familiar?  For finance leaders, this scenario is all too common. But what if…

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The Expense Policy Blueprint for Construction Companies and Contractors

Discover how PEX helps construction companies optimize their technology stack by integrating expense policies with corporate card functionality and real-time reporting. This guide provides a blueprint for creating a fair, transparent expense policy tailored to your unique business needs, with step-by-step procedures to maximize ROI and streamline expense management.

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5 Key Priorities for the Modern Finance Leader

In today’s economy, Chief Financial Officers (CFOs) find themselves at the helm of organizations navigating turbulent waters. Global economic uncertainties, geopolitical volatility, and rapid technological advancements are reshaping the financial landscape. A recent report by SAP Concur, CFO Insights: Top Priorities for CFOs in 2024, reveals that 90% of senior finance leaders now view preparing…

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Exciting Product Updates from PEX: Enhanced Reimbursements and More

Reimburse Your Employees’ Out-of-Pocket Expenses with PEX Simplifying expense management is crucial for any business. With PEX, you can easily reimburse your employees for their out-of-pocket expenses using our intuitive dashboard and mobile app. Cardholders can submit receipts for personal card expenditures, and once approved, the payment is sent directly to their bank account. With…

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Building Success at PEX: Teamwork, Customer Service, and Employee Care

At PEX, we believe that our success is built on a foundation of strong teamwork, exceptional customer service, and a deep commitment to the well-being of our employees. Our unique culture is what sets us apart, and it’s this culture that drives our mission to serve our customers effectively while ensuring that our employees feel…

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Why Your Finance Department Should Believe In Ghost Cards

No doubt about it, ghost cards (shared corporate card accounts) can sound scary to finance professionals. They float around an organization with no individual accountability. Possibilities of fraud haunt every transaction, and reconciliation can be a nightmare. Yet sometimes shared cards are the fastest, simplest and, yes, most cost-effective way to support timely departmental purchases.…

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Building a Modernized Finance Organization: Forging the Path Ahead

The benefits of modern financial organizations are widely acknowledged within the construction industry: heightened efficiency, increased flexibility, and the ability to monitor activities in real-time, providing instant snapshots for stakeholders, managers, and auditors. However, implementing sudden, comprehensive changes in processes and technology can prove counterproductive. Modernization is a gradual journey that commences with a single…

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Make Deep Cuts Into Your Construction Company’s Cost of Fraud

It started with a corporate card and a bottle of Coke. Hot, thirsty, and waiting in line at the local branch of a major hardware chain, Paul saw the refrigerator full of soft drinks. Company policy dictated that Paul use the corporate card for supplies and pay for the soda out of his own pocket.…

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Is Your Financial Infrastructure Built for Resilience and Growth?

What kind of financial back office do you want? One that is so slow and methodical that it becomes an impediment to performance. Or one that’s so fast, smart, and resilient, it drives success? That’s a trick question. In today’s business environment, you don’t have a choice. Friction from slow, methodical processes can ripple through…

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Easy, Easier, and Easier Still: 7 Big Updates to PEX Software

At PEX, agile development means more than the methodical, iterative evolution of our digital platform. It means using your feedback to create software that streamlines processes, enhances flexibility, and makes your business more agile. Here are seven updates, four new and three under development, that will make your financial operations easy, easier, and easier still.…

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