Pleo

About

Pleo offers businesses an end-to-end solution for managing company spending, helping teams become more productive while maintaining control and visibility for finance departments. The service utilizes smart company cards with individual spending limits, allowing employees to manage everyday expenses—from client meetings to software purchases—without bureaucratic red tape or the need for manual reimbursements. This system streamlines the payment process, simplifies vendor management, and provides real-time oversight of all expenditures across the organization. The key benefit for businesses is automation and control. Pleo centralizes and automates financial workflows, including expense and receipt management, VAT tracking, and reconciliation, which drastically reduces manual work for administrators. Finance teams gain full visibility and control over company spending through custom spending limits, multi-step approvals, and AI-powered Spend Insights that help spot duplicate subscriptions or overpaying. Furthermore, Pleo simplifies accounts payable processes, automating tasks from purchase orders to payments for faster processing. By automating expense management and streamlining workflows, Pleo simplifies month-end reconciliation, freeing up valuable time for both employees and administrators and ensuring compliance.