Two leading super-apps are joining forces to help companies and their employees with expense reporting
Bolt, the first European super-app and Expensify, a payments superapp launches a strategic integration helping companies and their employees with expense reporting and transactions.
Bolt is currently available in more than 45 countries, with over 100 million customers and more than 2.5 million drivers. Expensify helps millions of individuals and businesses around the world simplify the way they manage money across expenses, corporate cards, and bills.
Expensify and Bolt have teamed up to automate expense tracking and reimbursement of their work rides. Mutual customers can now connect their Bolt and Expensify accounts to automatically import receipts from Work Rides.
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This new integration takes the hassle out of needing to manually forward or download receipts, making sure all the trip information is seamlessly imported and captured on the expense report in Expensify at the end of a ride. This way, Finance teams and employees alike can process reimbursements much faster, or automatically match Bolt receipts with company card transactions in Expensify making reconciliation a breeze.
“Expensify is an excellent addition to Bolt Business other expensing options as it removes the guesswork, hassle and resources typically required for handling work-related expenses. We are regularly finding ways to address the transportation needs of companies and help them control, manage and centrally pay for their team’s work rides through ride-hailing and scooter rental services,” says Nick Powell, Global Director of Bolt Business.
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Bolt Business addresses the transportation needs of companies and helps them control, manage and centrally pay for their team’s work rides through ride-hailing and scooter rental services. Aside from saving time and money, companies can track their transportation spending on personal, team, and company levels. Bolt Business Portal admins can set spend policies, review the entire team’s ride usage and centralise expenses, while the team can quickly get a ride whenever needed via Bolt app.
“We’re excited to announce this partnership with Bolt as our customer base throughout the UK and Europe continues to expand,” says Tom Rhys Jones, Head of Expensify’s EMEA Growth Division. “Expensify’s new integration with Bolt complements our existing ridesharing integrations, as we continue our mission to simplify the way business travellers manage expenses worldwide.”
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