TripActions Liquid™ empowers employees to make business purchases while finance leaders stay in control. With TripActions Liquid smart cards, admins can set spend limits upfront, which are auto-enforced whenever employees make a transaction. By building policies directly into corporate cards, finance leaders can confidently distribute them without fear of out-of-policy spending.
With a custom policy builder, admins can tailor spend controls based on role, expense category, business context, and more. When employees book travel on TripActions, policies for on-trip expenses immediately activate. Proactive, customizable policies give admins the flexibility to meet unique spending needs.
Once configured, spend controls are built into TripActions Liquid cards so that transactions are approved, flagged as out-of-policy, or declined in real-time, at the point of purchase. Since policies are auto-enforced, finance teams can confidently distribute cards and prevent out-of-policy spend without policing employees.
TripActions Liquid saves countless hours wasted on reviewing and approving expenses. Based on policy settings, transactions are triaged upfront so that authorized spend is auto-approved while out-of-policy spend is flagged for further review.
Expenses submitted with a receipt are automatically itemized to track spend at a granular level. TripActions Liquid breaks down an expense into line items, which are automatically mapped to a policy and assigned to an expense type, GL code, and custom field. The process of tracking and splitting multi-item expenses, like hotel stays, has never been easier.
Expense policies are visible in the TripActions Liquid mobile app, making it easy for employees to reference at all times. Along with smart cards, transparent policies support employees to spend responsibly on the company’s behalf.
We want to simply tell leads, ‘Here's $100k for the year—you make the decisions about what you want to do with your team budget.’ We are [removing Finance] from this process because now there’s a built-in mechanism to enforce policy thanks to TripActions Liquid.
- Lili Peng, Director of Finance, loom
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