Expensify has added new spending controls to its Expensify Card product, giving card administrators additional capabilities to enforce policies at the point of purchase, the company announced.
New controls available include setting expiration dates on cards tied to specific projects or assignments, issuing cards for specific single-use amounts and limiting cards to specific merchants, categories or approved currencies, according to Expensify. Clients also can set up virtual cards for specific software vendors for subscriptions, so the cards stay in place even if the card owner changes.
"Most corporate cards treat control as a review process after the money is gone," Expensify chief product officer Jason Mills said in a statement. "Spend rules flip that. You define exactly how each card can be used up front, and the Expensify Card enforces it at the point of sale, with no approvals to chase and no surprises to reconcile."
Expensify last month expanded availability of its card offering to 13 European markets, and the new controls are available in all those markets, according to the company.