FinovateEurope 2014 alum Xpenditure has just raised $5.7 million in new funding. The investment takes the Belgium-based expense management solution provider’s total capital to more than $9 million.

The Series A round was led by a variety of private investors, including current shareholder Bart Swanson, along with Lorenz Bogaert, Toon Coppens, and Jonas Dhaenens.

Writing about the investment at the Xpenditure blog, company CEO and co-founder Boris Bogaert said the investment comes as the company is poised for growth in Europe and beyond. Bogaert added that Xpenditure plans on “doubling the team in the next four months” as well as making additional investments in technology.

From left: Co-founder and COO Wim Derkinderen and Head of Product Koen Christiaens demonstrated Xpenditure at FinovateEurope 2014.

Xpenditure specializes in providing alternatives to traditional, often manual, expense report management. Or, as Bogaert is quoted in TechCrunch, “We want to kill the monthly expense report.” He pointed out that creating worthwhile solutions requires more than simply recreating manual processes in digital form, as some software companies have tried to do.

Instead, Xpenditure provides businesses with a solution that handles the entire expense management process from receipt to accounting. Xpenditure’s mobile app allows users to scan and upload receipt data directly to their online account. A dashboard enables transparency and easy expense management. Businesses can generate PDF reports or create them within their accounting and ERP software such as Intuit’s QuickBooks and Xero.

Founded in 2011 and officially launched in March 2013, Xpenditure demonstrated its platform at FinovateEurope 2014 in London. The company has offices in New York, Brazil, Germany, and Belgium, and serves customers in more than 22 countries around the world.