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What is Mesh Payments?
Mesh Payments provides an integrated travel and expense (T&E) management solution designed for modern global enterprises. The platform centralizes T&E processes, offering real-time visibility, control, and insights into all company expenses across multiple entities worldwide. It streamlines operations from request to reconciliation through smart corporate cards, automated expense management, and flexible travel booking options. The system is designed to adapt to existing workflows by integrating with various ERPs, procurement software, and business applications.
Leveraging AI technology, Mesh Payments enhances compliance and automation throughout the expense lifecycle. Features include AI-powered receipt collection and matching, automated global tax coding, and transaction flagging for review. The platform supports global operations with local currency card issuing, multi-book support for reporting, and compliance with regional regulations. It aims to simplify expense management, control spend effectively, automate accounting tasks, and provide actionable insights for finance teams.
Features
- Expense Management Automation: Centralize and control expenses in real-time across global entities with advanced controls, approvals, and accounting automations.
- Agnostic Travel Management: Connect preferred TMCs and manage online, offline, or direct bookings with real-time spend controls and policy enforcement.
- Global Corporate Cards: Issue smart virtual and physical corporate cards in local currencies with embedded compliance and AI-powered receipt collection.
- AI-Driven Compliance & Automation: Utilize AI for receipt-to-transaction matching, problematic transaction flagging, and automated coding for tax and compliance.
- Real-Time Reporting: Access real-time dashboards to track and control spending across the entire company or specific entities.
- Spend Controls: Implement advanced policies, approval workflows, and vendor/category restrictions to manage spend effectively.
- Global Payment Programs: Issue cards in local currencies with no FX fees and support for multi-book global reporting.
- Accounting Automation: Automate processes from receipt collection to reconciliation, syncing with any ERP system, including legacy ones.
- SaaS Spend Management: Gain insights, connectivity, and automation for managing SaaS subscriptions.
- Procurement Payment Automation (Mesh ProcurePay): Automate procurement payments and perform AI-powered three-way matching for invoices.
Use Cases
- Streamlining global expense management for multinational corporations.
- Centralizing travel management across different booking methods and TMCs.
- Improving spend control and policy compliance within large organizations.
- Automating accounting processes, including receipt collection and reconciliation.
- Obtaining real-time visibility into company-wide travel and expenses.
- Managing SaaS subscriptions and optimizing software spend.
- Automating vendor payments using corporate cards linked to purchase orders.
- Reducing FX fees and simplifying cross-border transactions.
FAQs
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What is Mesh’s T&E management platform?
Mesh’s T&E management platform is an all-in-one global enterprise travel and expense management solution integrating corporate cards, expense management, and travel bookings. It uses AI-powered automation and customizable policies to provide real-time visibility, promote compliance, and reduce costs across multiple entities. -
How does Mesh support global operations?
Mesh supports global operations with multi-entity solutions, local currency card issuing (over 200 currencies), compliance with regional regulations, international reimbursements (100+ countries), real-time visibility, and customizable policies tailored for international businesses. -
What are the benefits of using Mesh corporate cards?
Mesh corporate cards offer control with features like spend limits and vendor locks, support virtual and physical cards, integrate with mobile wallets, and automate receipt collection and matching, simplifying expense reporting and enhancing T&E management. -
How does Mesh automate expense management?
Mesh automates expense management by eliminating traditional reports, tracking expenses in real-time, automating reimbursements, capturing and matching receipts automatically, and providing robust travel expense controls and visibility. -
How can Mesh help streamline travel bookings?
Mesh streamlines travel bookings by allowing direct or TMC bookings (including offline), providing control over costs, using smart traveler cards for policy compliance, automating receipt capture, and supporting multi-entity travel, local currencies, and corporate rates.
