Pleo, a company that aims to provide “a solution for managing company expenses” arrived in Portugal on Tuesday. the premise of financial technology The Danish policy is for companies to reduce “manual processes” and focus “on digitization”.
To do this, Pleo client companies assign debit cards (physical or virtual) to their employees so that they do not have to use their own money to pay for certain expenses, such as commuting for work. Thus, the boss makes a certain amount available to the employee and the expenses are recorded “automatically in the Pleo application” allowing companies to have “everything organized” at the end of the month. By providing real-time information on business expenses, Pleo claims to eliminate “manual review and verification of paper receipts.”
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Source: Observadora