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 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 More8 Best Practices for Back Office OPEX and How PEX Drives Success
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.…
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,…
Read More5 AI Tools to Supercharge Your Back-Office Productivity Today
Oddly enough, the basic formula to improve back-office productivity hasn’t changed since the invention of the adding machine. More mental tasks offloaded to a machine equals more time to focus on critical business challenges. Computers lifted back-office productivity a thousand notches. Artificial Intelligence (AI) is lifting productivity another thousand or more. And though we’re early…
Read MoreProactive Workforce Spend Management
Cut Costs and Streamline Operations with a New Approach to Corporate Card Expensing You can’t run a serious construction business without empowering employees to spend. If every bag of nails, tank of gas, or flat tire repair had to go through procurement, every job would come to a standstill. To facilitate that spending, many construction…
Read MoreMeet PEX: Your Reliable Partner Amid Bento’s Account Closures
As Bento for Business closes customer accounts, PEX steps in with a robust infrastructure and a steadfast commitment to customer satisfaction. Our seamless onboarding process ensures a smooth transition for Bento’s customer base during this unexpected turn of events. At PEX, we bring a unique blend of startup agility and over fifteen years of industry…
Read MoreAgile Development Goes Green: How New Trees Lead to Better Products
Not long ago, Mike, a senior software engineer at PEX, demoed a cool new feature at our Friday developer showcase. It uses artificial intelligence to analyze receipts and match them with purchases. This innovation earned more than a round of applause. After PEX employees voted it their favorite demo of the week, PEX planted a…
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