Main Purpose
The main purpose of Extend is to provide a modern payment and spend management platform for businesses. It allows businesses to make and manage payments using their existing corporate cards, while offering features to improve oversight of spending, automate reconciliation, and capture more spend on company cards.
Key Features
- Instant Virtual Cards: Users can instantly create and send secure virtual cards from their existing corporate cards.
- Expense Management: Extend allows users to set spending limits, active dates, and assign reference codes and attachments for better expense management.
- Real-time Updates: Users can get real-time updates on spending activity, allowing them to have better visibility into who is spending what and where.
- Automation and Streamlining: Extend helps streamline expense processes and automate reconciliation, making it easier for businesses to manage their spending.
- Integration and Rewards: Extend integrates with major card networks and banks, enabling users to capture more spend on their company cards and earn more rewards.
Use Case
- Businesses with Corporate Cards: Extend is designed for businesses that want to make better use of their existing corporate cards, improve expense management, and automate reconciliation processes.
- Expense Oversight and Control: Extend provides businesses with real-time updates on spending activity, allowing them to have better oversight and control over their expenses.
