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What is Skovik?

Skovik delivers a robust global expense management solution designed to simplify the often cumbersome expense reporting procedures for medium to large businesses, enhancing compliance and allowing both employees and finance departments to concentrate on more vital tasks. With an average completion time of just three minutes for expense reports, employees can shift their attention to more pressing responsibilities. The platform supports expense submissions from any location, enabling users to capture receipts through photos or email, while its AI technology adeptly extracts all the required information. Additionally, Skovik ensures precise calculations for reimbursable amounts across various travel scenarios, accommodating both single and multi-destination trips, all while remaining compliant with the latest regulations. Users can quickly calculate mileage expenses by entering their starting point and destination, whether for simple or complex journeys. The platform also keeps abreast of current financial laws and allows for effortless retrieval of corporate card transactions and invoices from any financial institution via its open API. Furthermore, Skovik aids in effective spending management by aligning card transactions with receipts, providing users with a thorough overview of all their expenses. This degree of automation not only boosts accuracy but also considerably lessens the manual workload, which is a boon for the overall financial well-being of the organization. Moreover, by streamlining these processes, Skovik fosters a more productive work environment, encouraging teams to focus on strategic initiatives rather than administrative tasks.

What is PEX?

PEX stands out as the sole vertically-integrated, full-stack payment platform designed meticulously to enhance spending oversight and expense management, as well as facilitate the distribution of grant program funds and manage rewards cards. Acting as an alternative to traditional corporate cards, PEX offers a variety of prepaid card options—physical, digital, or virtual—all integrated through an easy-to-navigate web interface, mobile app, or API. As a leader in the business prepaid card sector, PEX simplifies the management of expenses, allowing users to effortlessly distribute cards, oversee spending, and eliminate outdated reimbursement processes. It also features real-time reporting capabilities. This cutting-edge solution is perfect for any fund disbursement initiative, whether it's a nonprofit organization disbursing grant funds through reloadable cards or a business establishing a rewards program. PEX not only provides a diverse range of card types for customer and employee incentives but also offers comprehensive tools to manage distribution and gain valuable insights into spending behavior. By leveraging PEX, organizations can streamline their financial operations and foster a culture of efficiency and accountability.

Media

Media

Integrations Supported

Active Directory
Cegid Talentsoft
Crona Lön
Google Workspace
HiBob
IFS Cloud
Microsoft Dynamics 365
SAP Cloud Platform
Sage 100
Unit4 ERP
Visma Nova
flex

Integrations Supported

Blackbaud CRM
Citus
Emburse Nexonia
Microsoft Excel
Pushpay
QuickBooks Online
QuickBooks Online Advanced

API Availability

Has API

API Availability

Pricing Information

Free
Free Version
Free Trial Offered?

Pricing Information

$7.50 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Skovik

Company Location

United States

Company Website

skovik.com

Company Facts

Organization Name

Prepaid Expense Card Solutions

Date Founded

2006

Company Location

United States

Company Website

www.pexcard.com

Categories and Features

Expense Report

Not specified

Mileage Tracking

Not specified

Categories and Features

Church Accounting

Accounts Payable
Bank Reconciliation
Budgeting & Forecasting

Expense Report

Approval Process Control
Receipt Management
Spend Control

Spend Management

Not specified

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