How they describe themselves: Cardwise helps companies make expenses visible and creates innovative tools to take control, with Xpenditure as their flagship product. Xpenditure is a cutting edge expense management tool making use of scanning & smart reporting flows, mainly marketed via integrated & value added partnerships with banks, accounting solutions and payroll companies.
How they describe their product/innovation: Xpenditure is a web based expense management solution that eliminates expense reports for a company. By automating all steps of the expense management process and making use of receipt scanning and integrated approval on the level of expense, Xpenditure makes it possible to manage all daily costs without creating ordinary expense notes – all without long and expensive implementation costs.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms