TransCard and ExpenseAnywhere Partner to Deliver Automated Payment Process Management Solutions

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Companies are joining technologies and services to give private and public sector markets more effective ways to disburse payments.

"By integrating services, TransCard and ExpenseAnywhere bring a complete solution to the market for managing payment processes," said Chris Fuller, President of TransCard.

TransCard, a leader in innovative payment solutions, announced today that they are entering into an alliance with ExpenseAnywhere, the market leader in accounts payable automation solutions. The companies are integrating their technologies to bring to market an advanced solution for automating the disbursement and reconciliation of various payment types.

“The integration of our platforms provides customers with significant cost reductions by automating how they pay suppliers,” said Dr. Ashok Dhar, President and CEO of ExpenseAnywhere. “The technology will enhance how clients disburse and manage cash as part of their day-to-day operations. Incorporating TransCard’s services into our three core products (ExpenseAnywhere for travel and expense management, PurchaseAnywhere for management of prepaid card spend, and InvoiceAnywhere for automating the procure-to-pay process) makes perfect sense for our customers and us.”

Chris Fuller, President of TransCard, said, “TransCard and ExpenseAnywhere are a perfect fit. Our Paynuver platform, along with our prepaid and incentive card solutions, make delivering money faster, more secure, and less costly than cash or checks. By integrating services, TransCard and ExpenseAnywhere bring a complete solution to the market for managing payment processes.”

The two solutions together provide a comprehensive, highly secure, and revolutionary fintech solution. The alliance delivers complete automation of accounts payable processes and payment solutions in near-real-time. The automation results in better cash flow management and greater supplier satisfaction.

About TransCard

TransCard is a fintech company that specializes in providing innovative cloud-based payment solutions to financial institutions and corporations throughout the U.S. Its fund disbursement, and management platform reduces the regulatory burden off payers while providing payees secure, self-service options for receiving money. Founded in 2005, Transcard initially served fuel payment networks with prepaid card options. The company has now transitioned into an innovative SaaS solution that meets the robust needs of customers in a breadth of industries including financial, hospitality, payroll, insurance, and corporate disbursements.

About ExpenseAnywhere

ExpenseAnywhere, headquartered in Pittsburgh, PA, and with offices in Canada, Europe, and India, is a world leader in the automation of corporate spend management processes. ExpenseAnywhere solutions serve private and public sector customers of every type and size, and reduce operating expenses by automating travel and expense management, purchase and pre-paid card management, and procure-to-pay process management. Each implementation is custom-configured to deliver a total turnkey solution that saves money, mitigates risk, and provides business data and intelligence that lead to more-informed financial decisions.

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Lauren Carter
TransCard, LLC
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