Pleo Plies Smart Corporate Cards

Receipts in a shoebox. Expense reports scrawled by hand. Reconciliation that takes hours, matching up trips and meals, and at times, wondering who used the corporate card last. Expense reporting is taking strides (in some cases, baby steps) toward more intuitive and less manual filing of corporate expenses from travel to meals. To that end, one firm, Pleo, has introduced a corporate card that operates both as a physical card and as a virtual one, designed to allow for better visibility into, and control over, employee spend and also to automate the creation of expense reports. CEO Jeppe Rindom told PYMNTS that the Pleo MasterCard prepaid card, used by a firm’s employees, has the ability to set individual spending criteria, which can extend to limits governing a set transaction amount,…


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