Breaking News

Tweet TWEET

American Express OPEN Simplifies Expense Tracking for Small Business with Launch of ReceiptMatchSM

  American Express OPEN Simplifies Expense Tracking for Small Business with
  Launch of ReceiptMatchSM

New mobile app and web-based service available for no additional charge to all
                Business Cardmembers of American Express OPEN

Businesses can put away the shoebox and organize Business Card receipts on the
                                      go

Business Wire

NEW YORK -- April 22, 2013

Keeping track of Business Card receipts is now as easy as taking a picture.
American Express OPEN today announced the launch of ReceiptMatch^SM
(open.com/receiptmatch), a new feature included as a part of every Business
Card from American Express OPEN that matches images of Business Card receipts
to transactions to their online - statements.

ReceiptMatch from American Express OPEN (Photo: Business Wire)

ReceiptMatch from American Express OPEN (Photo: Business Wire)

Small business owners and their employees no longer have to sort through piles
of receipts, manually reconcile them with charges on their statement or rely
on hand written notes. With ReceiptMatch, all that is required is taking a
picture of a Business Card receipt with an iPhone or Android phone and the app
matches the receipt image to the appropriate line item in the business’ online
statement, including any additional notes typed in. In addition to the mobile
app, Business Cardmembers can also have receipts matched to their statement by
emailing them to receipts@open.com.

“Our small business customers rely on their Business Cards for a greater
portion of their business expenses and want a Card that seamlessly integrates
into their business operations,” said Doug Tabish, vice president, American
Express OPEN Small Business Charge Cards. “ReceiptMatch offers concise
back-office support and is the only expense management solution that gives
business owners the ability to match each Business Card receipt to their
American Express OPEN Card statement.”

ReceiptMatch is built to make it simple and easy to manage your Business Card
receipts. Here is how it works:

  *Send your receipt:  American Express OPEN Cardmembers send receipts from
    their Business Card purchases to ReceiptMatch in any of these three ways:

       *snap a photo with the mobile app,
       *forward a receipt over email to receipts@open.com, or
       *upload stored receipts from a computer;

  *Match: ReceiptMatch matches receipts to transactions online by scanning
    the receipt for information like the purchase date, amount, and merchant
    name;
  *Easy to Manage: Small business owners and employees can view and print
    stored receipt images and transaction details from their online statement.

One of Many Built-in Smart Expense Management Features for Business
Cardmembers of American Express OPEN

ReceiptMatch is the latest feature for small business owners with a Business
Card from American Express OPEN, such as The Business Gold Rewards Card, The
Plum Card®, and The Business Platinum Card. Some of the built-in benefits to
Cardmembers include:

  *Spending Limits and Alerts: Customizable spending limits on employee cards
    and expense tracking gives business owners greater control and peace of
    mind over expenditures - when a card reaches its threshold, businesses
    receive an alert via text or e-mail.
  *Account Manager: Allow trusted individuals – like an assistant or business
    partner – to access and manage the Business Card account to review
    statements and make payments.
  *Year End Summary: Cardmembers can track business expenses, in one
    location, and get a snapshot analysis of the past year’s purchases by
    predetermined categories to prepare for tax time.
  *Download Activity: Download your current and historical Card transactions
    to help you manage your business expenses in accounting solutions like
    QuickBooks, Quicken and Microsoft Money.

For more information on ReceiptMatch please visit: open.com/receiptmatch

About American Express OPEN®

American Express OPEN is the leading payment card issuer for small businesses
in the United States and supports business owners and entrepreneurs with
products and services to help them run and grow their businesses. This
includes business charge and credit cards that deliver purchasing power,
flexibility, rewards, savings on business services from an expanded lineup of
partners and online tools and services designed to help improve profitability.

Learn more at www.OPEN.com and connect with us at openforum.com,
facebook.com/Open, facebook.com/SmallBusinessSaturday, twitter.com/OPENForum,
twitter.com/shopsmall and linkedin.com/company/american_express_open.

American Express is a global services company, providing customers with access
to products, insights and experiences that enrich lives and build business
success. Key links to products and services: charge and credit cards, business
credit cards, travel services, gift cards, prepaid cards, merchant services,
business travel, and corporate card

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130422006561/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50615350&lang=en

Contact:

M Booth
Sal Della Monica, 212-539-3272
sald@mbooth.com
or
American Express OPEN
Scott Krugman, 212-640-3244
Scott.B.Krugman@aexp.com
 
Press spacebar to pause and continue. Press esc to stop.