Neo

About

Neo1 is a single spend management platform developed by American Express GBT that helps businesses manage employee spending from start to finish, covering everything from budgeting and purchasing to expensing and reporting. It aims to give businesses full visibility and control over their cash flow and costs, ensuring employees can maintain productivity by getting the resources they need quickly. A core benefit for business users is the integration of American Express virtual Cards into the platform. This allows businesses to issue virtual cards with pre-approved spend limits to employees, streamlining processes like ordering supplies or booking travel. This system eliminates the need for sharing corporate card details or relying on centralized teams for purchasing, while policies and exception reports built into Neo1 help identify and track potential misuse of business funds. By automating spend management, Neo1 simplifies the entire procure-to-pay process. This centralization and automation help business users better manage their American Express Business and Corporate Card travel and expense spending, offering a solution to better manage overall employee spend in one place.