April has been quite exciting for us at Fyle! We bring you easier corporate credit card management, tighter approval workflows, increased admin controls and more.
Without further ado, let’s take a look at the best of Fyle feature releases for May 2020.
Enhanced corporate credit card management
Mark corporate credit card expenses as personal
Employees mark personal expenses recorded on the corporate credit card page, even if the transaction is already matched to an expense.
Save corporate credit card transactions as expenses
In another bid to automate the mundane, corporate card transactions will be directly saved as expenses and automatically mapped with the corresponding credit card transaction.
Bulk delete card transactions from multiple cards
Admins bulk delete card transactions from Fyle, simply by choosing the date range. This will also delete matched card expenses as long as they are not yet reported.
Easier approval workflows
Add Head of Department as an approver
Admins configure policies for various departments by automatically routing violated expenses to the Head of each department.
Add any employee as an approver for trips and advances
Approvers for trip and advance requests can be anyone within the organisation, even if they are not the Fyle user’s designated primary or secondary approver.
Better expense tracking and reporting
Advanced search filters for expenses
Employees easily find the expenses they are looking for right from the ‘My Expenses’ page, using advanced filter options.
List view of team reports
Team reports just got a UI upgrade! Approvers view team reports as lists and quickly take necessary actions on them.
Recurring expenses and mileages
Employees configure recurring expenses and mileages for specific time intervals. Expenses are automatically created on these dates and employees are notified of the same.
Improved admin controls
User preference for currencies
Employees traveling to foreign countries for long periods of time choose a preferred currency to track their expenses while in that country.
Manual foreign currency assignment
Admins define their own foreign exchange rates by manually assigning currency rates for a specified time period.
Upgraded Analytics
View spend by project
Finance folks get detailed insights into the net cost of each active project.
Smarter Integrations
Self-serve QBO integration
Fyle - QuickBooks Online integration is now a self-serve app. Admins map employee fields, corporate credit card expenses, reimbursable expenses, journal entries, and more themselves.
What’s next at Fyle?
You’ll see faster and upgraded accounting integrations, better reminders, newer reports and more next month. Stay tuned!
