Wells Fargo wants to help corporate card carriers avoid a life constantly searching for receipts. The bank is now offering commercial card customers a new feature on Wells Fargo CEO Mobile that allows users to immediately upload paper receipts for processing and reimbursement by taking pictures of them.
“Throughout our organization, it’s difficult for us to manage all of our receipts, and we often miss some,” Curtis Thelen, program administrator and Wells Fargo cardholder at Universal Avionics, said in a released statement. “This new solution will help us increase our percentage of receipts collected. I also see this becoming the preferred method over using a scanner and e-mailing the image. I can’t think of a better way of doing it.”
After taking a photo of a receipt with any mobile device—phone or tablet– Wells Fargo corporate cardholders can then sign in to the CEO Mobile app and, using the Wells Fargo Commercial Card Expense Reporting (CCER) service, upload their receipts. The program then transmits the electronic receipt for reconciliation.
“Our customers have seen their share of expense receipts go missing or through the washing machine. Now we’ve made the process easy,” said Secil Watson, head of Wells Fargo Wholesale Internet Solutions. “This new mobile solution significantly streamlines the process of expense reporting.”
Apart from protecting cardholders from the vicissitudes of the laundry cycle, the CCER program also allows expense managers to set spending limits, e-mail notifications to cardholders, generate reports, and send alerts about purchasing trends or unusual and unauthorized cardholder behaviors.
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