– Comdata Corporation and expensewatch.com have formed a technology alliance that provides small- and mid-sized companies comprehensive tools for end-to-end operating expense management.
Using the Comdata Card program, companies can apply numerous controls before company money is spent. Once the card is used, the transactions are sent electronically to the expensewatch.com service bringing complete automation to purchase requisition, expense report, and invoice approval processes. All corporate card transactions can then be documented and company spending policies can be applied and enforced. Real-time visibility of data delivers key business intelligence for superior decision making and business performance.
The two companies plan to more tightly integrate their technology. A combined launch is expected during the first half of 2007.