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Pemo vs. traditional expense tools

Updated over 2 months ago

Managing company spending has always been a challenge for businesses. Traditional expense tools were designed to solve part of the problem, but they often create new issues with complexity, delays, and lack of visibility. Pemo takes a different approach by streamlining every step of the process in one platform.

The challenges with traditional expense tools

Traditional tools usually rely on outdated processes. Here’s what that looks like:

  • Reimbursements: Employees pay out of pocket and then request reimbursement. This creates delays, impacts cash flow, and often results in missing receipts.

  • Manual reports: Expense reports are submitted at the end of the month, meaning finance teams are always working with outdated information.

  • Disconnected systems: Expenses, invoices, and accounting rarely “talk” to each other, forcing finance teams to do extra data entry.

  • Limited visibility: Managers don’t see where money is being spent until it’s too late to make adjustments.

  • Error-prone processes: Manual data entry increases the risk of mistakes, leading to inaccurate books and wasted hours fixing errors.

How Pemo solves these problems

Pemo is built to eliminate the inefficiencies of traditional tools:

  • Corporate cards with controls: Instead of waiting for reimbursements, transactions happen directly on Pemo cards with pre-set limits, giving instant control over budgets.

  • Real-time expense capture: Every transaction is recorded at the time of purchase, removing the need for end-of-month reporting delays.

  • Automated workflows: Expenses flow seamlessly into accounting software through Pemo’s automation, cutting manual work and reconciliation.

  • Instant visibility: Dashboards show spending patterns as they happen, so managers can act immediately if budgets need adjusting.

  • AI-powered accuracy: The AI copilot suggests correct categories and reduces errors, ensuring the books stay clean and reliable.

A side-by-side comparison

Feature

Traditional tools

Pemo

Expense submission

End-of-month reports, receipts required

Real-time capture at transaction time

Control over spending

After-the-fact adjustments

Pre-set card limits and instant controls

Accounting integration

Manual entry, disconnected

Automated sync with AI copilot

Visibility of spend

Delayed, incomplete

Instant dashboards and live reporting

Time to close books

Weeks

Up to 5x faster

The bottom line

Traditional expense tools add steps instead of removing them. Pemo removes manual work, gives immediate visibility, and provides control from the start. That’s why modern SMEs in MENA are choosing Pemo to replace outdated systems.

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