PEX Prepaid Expense
Go cashless and stay on budget
Say goodbye to checks and cash, and hello to flexible, reloadable cards with control
Key benefits
Power your business with the control and flexibility you need
Eliminate cash and checks, and control spend before it happens
Instantly fund and issue physical or virtual Visa® cards to the field
Earn 1% back 1 on qualifying vendor spend
Spend Use Cases
A flexible, pre-funded card solution designed with your workforce in mind
Instantly distribute funds to team members and contractors, pay vendors and more
Per diem payments
Allocate funds to team members for meals, travel and other subsidies
Petty cash
Go cashless and pay for small, everyday expenses using PEX
Vendor management
Pay for recurring expenses, like SaaS subscription fees, & earn 1% back1 on qualifying spend
Fuel
Pre-fund cards to pay for fuel
and other vehicle-related field
purchases
Production
Get funding today, and start production tomorrow using PEX’s declining balance cards
Spend smarter and simplify your expense management process
PEX automates previously manual tasks, improving team productivity by up to 25% 2
Automate finance team tasks
Customize spend limits and controls
Set limits by cardholder, card, MCC or merchant - plus, enforce day of week or state-based spend limits, and more
Automate
approval workflows
Pre-approve purchases to prevent overspend, or enforce compliance for purchases that already occurred
Get real-time
spend visibility
Monitor employee, project or department spend to maintain 
accurate forecasts and oversight
Empower your employees
Eliminate the receipt chase
Employees can snap, text or email receipts to PEX, ensuring timely and compliant submission
Reimburse out-of-pocket expenses
Pay employees back for mileage and non-card spend, directly through the PEX platform
Integrations
Improve productivity - connect PEX to your accounting software, at no extra cost
No monthly fees for the first 60 days 3
We use the pre-paid debit card feature on the PEX cards, and I really like the flexibility of adding funds to cards as spending comes in cycles. It gives us the flexibility to add and remove funds easily. I also like the built in reviewing and approvals for great internal controls."
David S., Director of Finance
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Talk to an expert
Learn how PEX can help you streamline your expense management process, improve receipt collection and close your books faster. Talk to an expert today.