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…
Read MoreBuilding 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…
Read MoreWhy 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.…
Read MorePEX Recognized by American Banker as “Best Places to Work in Fintech 2024”
PEX has been named one of the 2024 Best Places to Work in Financial Technology. The awards program was created in 2017 and is a project of Arizent and Best Companies Group. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Companies recognized…
Read MoreBuilding 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…
Read MoreMake 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.…
Read MoreIs 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…
Read MoreEasy, 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.…
Read MoreIntegrate With PEX and Automate Financial Processes: How to Make Operations Simpler & More Secure
Nobody has to sell you on the benefits of financial process automation. What business doesn’t want a more secure, efficient approach that delivers timely, accurate records? The challenge, of course, is getting your different back office systems and software to work together. Your tech leaders will tell you that’s where APIs come in. Bringing our…
Read MoreHow PEX Leads the Way in April’s Financial Capability Month & Beyond
As we close out April, it’s crucial to shine a spotlight on the significance of this month: Financial Capability Month. This month prompts a reflection on the importance of financial literacy and empowerment. In an increasingly complex and diverse digital landscape, having the right tools and knowledge is essential. Enter PEX, the game-changing platform that…
Read MoreBento for Business Closing: A Smooth Transition to PEX Ahead
Effective tomorrow, April 30th, Bento for Business is officially shutting down the ability to reload funds to you card and by June 25, all services in connection with this card program will be discontinued. But fear not, PEX is here to provide a seamless transition with a robust infrastructure and unwavering dedication to customer satisfaction.…
Read MoreHow PEX Helps Middle Market Companies Beat Their Competition
Competing as a middle market company is getting harder. The National Center for the Middle Market reports that fewer companies expect growth in 2024 and the overall growth rate is expected to fall, too. There are almost as many reasons for this as there are pundits. Inflation. Credit tightening. Labor force participation. And of course,…
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