Conferma 5.4

Conferma Ltd – Freeware – Android iOS
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Conferma presents itself as a cashless solution offering secure virtual payment cards accessible on mobile devices for business transactions. Users are able to create single-use or recurring budget cards from a centralized account, designed for online, in-app, or contactless payments via Apple Pay. The platform facilitates efficient management of business expenses like travel bookings and enables users to capture receipts on-the-go, all conveniently within a single application. In addition, users can implement advanced controls and authorization rules to prevent fraudulent transactions and minimize misuse and losses.

Who is Conferma For?
Conferma caters to employees and contractors seeking to leverage virtual payment cards for authorized business expenses, making it suitable for businesses of varying sizes.

Create or Request Virtual Cards
Virtual payment cards can be requested by app users in adherence to their company's established policies. Finance managers or approvers are promptly notified via push notifications of any new virtual card requests. Once approved, virtual payment cards are directly dispatched to the user's mobile device. Conversely, finance managers or administrators retain the ability to generate and distribute pre-configured cards to employees and contractors without necessitating individual requests.

Review Spending
Enhancing accountability, users can upload images of receipts and classify transactions by spend categories using color-coded indicators. Systemized notifications prompt the uploading of receipts, which are then matched and attached to transactions in a digitized workflow. The platform also allows for the assignment of post-spend reviewers to assess and authorize spending in alignment with the company's predefined policies.

Visibility of Corporate Spend
Conferma facilitates centralization of all spending data within a single account, enabling comprehensive tracking of virtual card creation and usage. Automated reconciliation against bank data streamlines the process, and users can tailor custom data fields such as employee ID, department, or project to facilitate efficient monitoring, evaluation, and reporting of company expenditures.

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