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Tuesday, July 23, 2024

Zaggle launches India’s 1st DIY expense automation platform for businesses


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Mumbai: Zaggle, a leading B2B SaaS FinTech providing spend automation solutions and corporate cards, on Tuesday launched XPNS, India’s first do-it-yourself (DIY) SaaS-based employee expense automation platform, developed to help growing businesses optimise expense processing costs, improve cash flow planning, and drive bottom-line savings.

With an easy-to-access, self-service interface, XPNS allows businesses to migrate from a manual to a fully automated expense workflow in less than 30 minutes, reducing the time and costs of managing expenses by 75 per cent, a press release stated here.

The platform combines the power of the core expense management software with XPNS prepaid cards, seamlessly integrating the two. Businesses can issue and manage cards directly from the system and define spending limits, to manage budgets and minimise the incidence of fraud and overspending.

Speaking on the launch, Raj N, chairman and founder, Zaggle, was quoted as saying, “XPNS represents another significant step forward in our commitment to providing impactful financial automation solutions that generate bottom-line savings for businesses. We want to provide the best and most intuitive expense processing solution to streamline expenses, strengthen financial controls, and achieve a healthy bottom line.”

“In today’s digital economy, many businesses are still managing expenses manually. There is a significant demand for innovative technology solutions to modernise expense management and maximise efficiencies. With XPNS, our primary focus is to empower growing businesses with solutions that deliver speed, simplicity, and employee delight,” Avinash Godkhindi, managing director & chief executive officer, Zaggle, added.

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