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What is Spenmo?

Spenmo understands that different companies have distinct spending patterns. You can conveniently send your bill payments to Spenmo, regardless of whether it's a single payment or a bulk of thousands. Our sophisticated platform reviews the invoices and processes payments without any hassle. Furthermore, Spenmo allows the use of credit cards for transactions that typically wouldn't require them. With Spenmo, handling, verifying, and processing employee expense claims is simplified significantly. The system equips your entire team with both virtual and physical corporate cards, enhancing flexibility. Once you send your bills, our platform takes charge, ensuring payments are processed efficiently. When this feature is activated, all submitted invoices are directed to an administrator for careful inspection, enabling the approval, rejection, or reassignment of transactions to another admin when necessary. This efficient methodology not only improves financial oversight but also fosters accountability throughout your organization, ultimately leading to better budget management.

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simplifies the management of expenses, allowing users to effortlessly distribute cards, oversee spending, and eliminate outdated reimbursement processes.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

QuickBooks Online
Xero
MYOB
SAP S/4HANA

Integrations Supported

QuickBooks Online
Xero
Blackbaud CRM
Citus
Emburse Expense Professional
Emburse Nexonia
Expensify
Microsoft Excel
Pushpay
QuickBooks Online Advanced

API Availability

API Availability

Pricing Information

$0.5 per transaction

Pricing Information

$7.50 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Spenmo

Date Founded

2019

Company Location

Singapore

Company Website

spenmo.com

Company Facts

Organization Name

Prepaid Expense Card Solutions

Date Founded

2006

Company Location

United States

Company Website

www.pexcard.com

Categories and Features

Accounts Payable

Not specified

B2B Payment

Not specified

Expense Report

Not specified

Spend Management

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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