Expensify adds the option of monthly settlement

The expense and payment provider Expensify has added a new monthly settlement option for its card programs, the company announced. Companies can now choose to have their card purchases grouped by month, with payment being deducted from the company’s bank accounts once a month instead of on a daily basis. The opportunity is aimed at “companies that carefully manage cash flow and need a little extra credit to fund operations,” according to Expensify.

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