American Express has launched AmexExpense, a new, fully digital expense management tool for businesses. The AmexExpense app, powered by technology platform Findity, significantly reduces time spent on reconciliation by allowing anyone in the business to digitally capture receipts which are then automatically matched against the actual transaction. The data can be fully integrated with leading accounting service providers Xero, Quickbooks, and Sage ensuring seamless matching with ledger codes and expense categories. AmexExpense makes processing these expenses easier for finance departments and employees alike, giving back crucial time that can be better used to help run and grow the business. Businesses using AmexExpense can also generate expense reports that provide detailed insights into employee spending. Business Cardmembers can use this analysis to increase visibility of employee spending for compliance departments to decide whether to implement appropriate card controls and spending limits, reducing the risk of bad employee spending and fraudulent expense claims. AmexExpense generates these full reports in as little as 60 seconds – a crucial time saver to the lengthy end-of-month expenses process.