As a part of its new Commercial Card Expense Reporting (CCER) mobile service, Wells Fargo business card customers can now easily upload and manage their business expense receipts from their mobile device. Users simply take a picture of the receipt with their phone and then allocate the expense to a particular transaction, which will make it easier to reconcile, reimburse and bill for expenses.
The new CCER feature, which is a part of Wells Fargo’s Commercial Electronic Office (CEO) service, also uses Optical Character Recognition technology to automatically match receipts to transactions. Managers will have access to these images as a part of the automated approval workflow.
“We understand our customers move in fast-paced environments and expect more from a mobile experience,” said Mary Mazzochi, Senior Vice President of Commercial Card Product Management at Wells Fargo. “The new transaction-level receipt imaging capability makes the often cumbersome process of expense management faster and helps customers do business wherever and whenever they choose.”
The new feature is available on both the Android and iOS versions of the CEO Mobile application.