Pleo is a fintech company that offers smart payment cards for businesses, making it easier for employees to make purchases for the company and simplifying the expense reporting process.
Pleo provides a platform where businesses can distribute payment cards (both virtual and physical) to their employees and set individual spending limits. When an employee makes a purchase, they can use the Pleo mobile app to snap a photo of the receipt and categorize the expense. This allows businesses to track expenses in real-time, eliminating the need for expense reports.
The Pleo platform integrates with accounting software to make reconciliation easier, and it also provides insights into company spending to help businesses manage their budgets more effectively.