Increase financial agility with real-time visibility
When reconciliation is instant, finance and accounting teams have immediate knowledge of how much is being spent and what it’s being spent on. This makes it more effective for finance teams to manage cash flow, allowing for accurate budgeting, planning, and forecasting.5 Simple Ways to Improve Expense Management
Monitor spend data in real time
Access to real-time spend analytics supports better financial planning, budgeting, and forecasting. With real-time contextual insight of business spend data, finance teams can reduce spend leakage while gaining accurate forecasting and policy improvement opportunities.
Automatically sync with your accounting systems
Close the books effortlessly by auto-syncing all transactions directly into the GL. Plus, TripActions Liquid integrates with a broad suite of ERP and accounting systems to provide a centralized view of all your business spend and financial data in one system.
Reduce risks with increased transparency
Automated reconciliation increases transparency so that finance teams can mitigate financial risks to the business. Through real-time spend visibility, they can spot irregular purchasing activities and respond quickly to reduce fraud and support secure, compliant transactions.
Lyft Accelerates Expense Reconciliation Process with TripActions Liquid™
Lyft is a publicly traded ridesharing company based in San Francisco with thousands of employees across North America. At this scale, their team needed a way to balance administrative compliance with efficiency and TripActions Liquid was the perfect end to end solution for this.