Easily track and manage employee spending with Expenses
Finding reliable tools and methods to track employee spending can be a challenge. With Revolut Business, ordering physical and virtual cards for team members takes seconds. Revolut Business makes it easy to keep an eye on your budgets, plus it allows your whole team to enjoy low fee spending around the world.
But, with great corporate card power comes great responsibility, and we all know how hard chasing receipts and processing expenses is. We’re talking about notifying forgetful team members and juggling between accounts, separate tools for managing expenses and accounting – with all the fun different passwords and login information.
The potential for expense management to turn into one big ugly mess is high. That’s why we offer an Expenses tool with your Revolut Business account.Log in to try it out
Why this is a game-changer
We’ve made the process of uploading, approving, and tracking expenses as simple as possible for everyone involved, meaning there should never be another opportunity for a receipt to go MIA.
Even better, this feature is already included with all Revolut Business paid plans.
For team members: easy in-app receipts
Spend, tap the push notification, snap a picture of the receipt, done. All from the Revolut Business app. Filling in expense information has never been easier.
Too busy to do it now? No worries, we’ll send you a reminder later.
For the finance team: review, approve, or reject in real-time
As a business owner or finance admin, you can track expenses as they happen, review them without switching between different tools, and decide whether to approve them or not.
If you reject an expense, we’ll notify the employee that they need to refund it and walk them through how to do it. That means less time on the grunt work and more time on what’s important.
For the accountant: It gets better with Xero
If you’re a Xero user, rejoice! Once you’ve synced Revolut Business with your Xero account, the categories and tax rates you’ve created in Xero will also be available in your Revolut Business account for the team to use. When you’ve finished set up, all expenses will be automatically posted to Xero. Paired with our existing account feed integration, all it takes is one-click to reconcile card expenses with little chance for mistakes.
Not a Xero user?
Not a problem, because you can create your own categories within Expenses, then export expenses as a CSV file. We’re also working to add more integrations with more accounting and invoicing tools.
Accountability meets unprecedented control
As we always say, every penny counts, whether you’re growing a business, or seeking new ways to improve your already-established operations. Receipts left unaccounted for can lead to unbalanced books, and Expenses is here to solve that problem.
By bringing all of the essential parts of expense management together in one place, and giving business owners, managers, and accountants the ability to approve or reject expenses easily, we’re continuing to help your business to thrive.
Log in to your Revolut Business account today to start exploring Expenses.
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