Tuesday, August 4, 2020

Emburse Rolls out New Corporate Payment Card

Los Angeles-based expense management and accounts payable automation software developer Emburse--the parent company of Chrome River--said it has launched a new, corporate payment card, which lets its customers pre-approve expenses. The company said the new product, Emburse Pay, lets companys issue virtual cards within the Chrome River EXPENSE solution, which allows charges only for approved date ranges, specific merchant types, and requested spend amounts. The company said its new produt specifically is aimed at helping both employees--who no longer need to use personal funds up front--and corporate finance teams, who can now proactively enforce company policy vs. retroactively dealing with out-of-policy spend.

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