TravelBank

Bank Feed Sync

TravelBank’s Bank Feed Sync feature connects business bank accounts directly to the platform, allowing automatic import and categorization of financial transactions. It eliminates manual entry errors, ensures up-to-date data, and streamlines reconciliation. This feature empowers finance teams with real-time insights and supports accurate expense reporting across the organization.

Card Spending Tracker

The Card Spending Tracker in TravelBank monitors transactions made using company-issued cards. It categorizes expenses, links them to employees or departments, and provides real-time visibility into corporate spending. This feature enhances accountability, simplifies reconciliation, and helps finance teams maintain control over budgets while promoting policy-compliant spending behavior.

Expense Approval

TravelBank’s Expense Approval feature automates the review process of submitted expenses using customizable approval workflows. Managers can evaluate claims based on policy criteria and spending thresholds. This feature ensures compliance, reduces processing time, and increases transparency by providing an efficient system for authorizing or rejecting employee-submitted expenses.

Receipt Management

Receipt Management in TravelBank allows employees to upload, attach, and store receipts for each expense. The system automatically matches receipts to transactions, creating a clear audit trail. This feature enhances recordkeeping, improves compliance with tax regulations, and ensures that all expenses are properly documented for internal and external reviews.

Reimbursement Management

TravelBank’s Reimbursement Management feature streamlines the payout of employee-submitted expenses. It tracks each claim from submission to approval and final reimbursement, ensuring timely and accurate processing. This feature improves employee satisfaction, maintains policy compliance, and reduces the administrative burden on finance teams by automating the reimbursement workflow.

Spend Control

Spend Control in TravelBank allows companies to set and enforce expense policies, budget limits, and approval thresholds. It provides alerts and real-time visibility into non-compliant or excessive spending. This feature ensures financial discipline, minimizes budget overruns, and allows finance teams to manage corporate expenses with greater confidence and precision.

Third-party Integration

TravelBank offers seamless Third-party Integration with accounting, payroll, and ERP systems like QuickBooks, NetSuite, and Xero. These integrations enable automatic data syncing, reduce manual entry, and maintain consistency across financial records. This feature streamlines workflows and enhances operational efficiency for finance and administrative teams.

Time & Expense Tracking

Time & Expense Tracking in TravelBank enables users to log both working hours and associated costs within one platform. It links billable time with expenses for client or project reporting. This feature supports accurate budgeting, improves resource planning, and ensures proper documentation for billing and reimbursement purposes.