August 9, 2022 – Fyle Inc, an industry-leading expense management solution provider, will sponsor and exhibit at the 2022 Boomer Technology Circles™ Summit to take place August
14-16, 2022, in Kansas City, Missouri. Boomer Technology Circles is a community of top firms and IT leaders making smarter management and technology decisions to reduce risk, save time and money and improve firm strategy for growth.
Fyle recently announced the launch of a real-time expense management solution for customers using corporate and small business credit cards in the US. Thus becoming one of the first expense management platforms to offer direct, real-time transaction feeds to users of any credit card, with direct secure enrollment from the cardholder.
Instead of asking customers to switch to another card, Fyle integrates with their existing business credit cards to give them a real-time expense management experience. The instantaneous data from card feeds and receipts are combined and made ready for accounting, vastly reducing manual work for employees, finance teams, and accounting firms.
Fyle initially launched this solution for the Visa network and will support other networks over the next few quarters.
“Fyle has made it very convenient for us to see our expenses as soon as employees swipe their cards. We get to know almost right away when employees have missed a receipt with the real-time card feeds, instead of waiting for the bank statement to be uploaded at the end of the week.”, said Emma Riehlman of Woodford Bros., Inc.
The real-time feed reduces the effort for employees and accountants alike. Employees can submit receipts from everyday apps like Gmail, Outlook, MS Teams, and Slack, and on the go via text messaging and Fyle's iOS and Android mobile apps. Fyle's AI-enabled engine automatically categorizes and codes spend information, assigns it to the right projects & cost centers, and syncs the data to accounting software like NetSuite, Sage Intacct, QuickBooks Online, and Xero.
"We are excited to showcase our powerful, AI-driven real-time expense management software at the Boomer Technology Circles™ Summit," said Yashwanth Madhusudhan, co-founder and CEO of Fyle. "For the first time ever, businesses don’t need to switch their cards to get the best expense management experience."
Learn more about Fyle's real-time expense management at fylehq.com. Fyle also runs an exclusive partner program for Accounting firms. To learn more about the program visit fylehq.com/partners/accounting-firms.
Fyle was built with the singular aim of reducing the time spent on business expenses. Fyle is the new standard in expense management for small businesses and is built for employees, finance teams, and accounting firms. With real-time card feeds, tight accounting integrations, easy receipt tracking, approvals, spend limits, and detailed analytics, Fyle helps finance teams worldwide close their books faster. Learn more at fylehq.com.
Vikram Pothnis, Director Partnerships & Business Development