Centime, a Boston-based fintech that offers comprehensive cash management solutions to small and midsized businesses (SMBs), is partnering with expense management solutions provider Fyle to add expense management to Centime’s platform.
Centime’s comprehensive cash management solutions help companies streamline accounts payable, accounts receivable, and banking. With Fyle’s advanced expense tracking, reporting, and reimbursement capabilities, Centime now offers a single platform that handles every aspect of financial operations, the company said in a media release.
Centime’s partnership with Fyle enables CFOs to automate expense approvals, enforce policies, and gain instant visibility into spending—all while keeping cash flow in check.
Key features of Centime’s expanded solution include:
- Free expense management: Centime credit card users get Fyle’s expense management software at no additional cost, driving added value for clients.
- Comprehensive cash control: Manage AP, AR, banking, and expenses in one streamlined platform for complete oversight of financial operations.
- Real-time insights: Track employee spending in real time and stay on top of budgets with live data and reporting.
- Automated approvals: Set up approval workflows and enforce expense policies without manual effort.
- Seamless integration: Fyle integrates with any card, Visa, Mastercard, and Amex, as well as accounting platforms like QuickBooks and Sage Intacct.
“Expense management is vital to any CFO’s cash strategy,” BC Krishna, CEO and founder of Centime, said in a statement. “Our partnership with Fyle delivers a comprehensive approach to managing not just payables and receivables, but now employee expenses as well. We’re tackling cash management from all angles to give CFOs clear line-of-sight and control across all their cash inflows and outflows.”
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Tags: Accounting, Payroll, Software, Technology
