Toronto, Ontario (PRWEB) April 30, 2013
Nexonia announced support of the American Express Individual Bill/Company Payment (IB/CP) system for approved expenses.
American Express offers its business customers a payment solution to improve their expense management by consolidating AmEx card member payments for approved expenses. By integrating smoothly with this solution, Nexonia’s customers can easily streamline their corporate American Express individual pay solution by enabling the company to pay AmEx directly for any approved expenses.
“We love this kind of integration as it makes things easier for our customers – both for their finance teams and their employees. Making things easier is what we’re all about,” says Neil Wainwright, Nexonia’s CEO. “With the click of a single button a customer’s finance team can send remittance details to American Express and in concert initiate an ACH payment to AmEx, which of course involves further financial controls at the customer’s bank before the payment is released to AmEx. It’s safe and incredibly easy. We’ll even work with customers to automatically mark the company paid portion of the employees expense reports as paid in their accounting system. It’s all streamlined and saves finance teams a lot of time.”
Nexonia already integrates American Express daily and monthly corporate credit card feeds in the US and internationally, thanks to full support of the AmEx KR1025, KR1022, GL1025 and GL1022 data feeds. Nexonia Expense Reports integrates with other credit cards as well - Visa, MasterCard and Diners Club.
Nexonia Inc. is a provider of leading web and mobile Expense Reports and Timesheets solutions. These simple to use and highly customizable applications are fully integrated with accounting and travel-management systems. Nexonia solutions are designed to streamline the reporting and approval process, improve human resource management and enhance operational efficiency.
To receive more information, visit http://www.nexonia.com or call 800-291-4829.