Simplified Domestic Payroll with ABA File Integration
For many growing businesses in Australia, managing payroll or disbursing payments to multiple suppliers can be an administrative headache. Traditionally, this process involves manually inputting payment details into a banking platform or toggling between accounting systems and outdated interfaces. The result is often wasted time, human error, and strained workflows for finance teams.
The latest update addresses this challenge by supporting ABA (Australian Bankers Association) files, enabling businesses to upload standard payment formats such as Direct Entry or Cemtext files. With this functionality, finance administrators can generate a file from their payroll software and upload it to initiate bulk transfers directly within the platform’s payment center.
This streamlined process eliminates the need to re-enter payment information manually, significantly reducing the risk of errors. Businesses also gain the ability to process hundreds of employee or supplier payments in one go, making this feature an essential upgrade for payroll-heavy companies or those managing complex supplier networks.
By automating domestic payments and aligning with local payroll standards, the platform becomes a more integrated part of a company’s back-office operations. Time saved here can be redirected to strategic tasks such as financial planning, forecasting, or cost analysis.
Virtual Card Launch for US-Based Teams
With remote work becoming standard across industries, businesses need flexible tools to empower employees while maintaining clear financial oversight. One such tool is the virtual payment card, which allows companies to issue digital cards tied to specific budgets, departments, or functions.
The February update introduces virtual Company and Employee cards for businesses operating in the United States. This move gives finance teams a high level of control over corporate spending while enabling employees to make necessary purchases without delays or cumbersome approvals.
Setting up these cards takes only a few minutes. Once created, administrators can define spending limits, restrict merchant categories, and monitor usage in real time. This ensures that funds are being used appropriately, whether for team subscriptions, marketing expenses, business travel, or hardware purchases.
Unlike traditional reimbursement models, where employees front personal money and submit receipts later, virtual cards allow businesses to manage expenses proactively. Managers can distribute funds directly, track every dollar spent, and instantly freeze or update card settings as business needs evolve.
This launch is a crucial step in creating a more adaptive finance infrastructure—one that can scale with company growth, support distributed teams, and respond to unexpected shifts in spending priorities.
Physical Cards Now Accessible in the United Kingdom
Just as digital payment solutions are reshaping online transactions, physical cards remain a necessity for many day-to-day business functions. Whether it’s a field team making on-site purchases or executives entertaining clients, the need for reliable, brand-aligned physical payment options persists.
The introduction of physical Employee cards for UK-based businesses allows teams to equip staff with Visa-powered cards suitable for in-store or on-the-go purchases. These cards can be issued in seconds, making it easy to support new employees or project teams as they come on board.
What distinguishes this offering is the level of customization available. Companies can design cards to reflect their brand identity, a detail that, while subtle, contributes to professionalism and internal culture. Having a unified look across financial tools reinforces a company’s values and image, especially when working with clients, vendors, or contractors.
Operationally, these cards function similarly to their virtual counterparts. Administrators can set usage rules, monitor transactions in real time, and sync card activity with accounting systems for efficient reconciliation. The combination of form and function makes this a robust addition to any company’s financial toolkit.
Global Account Expansion: Accepting Singapore Dollar Payments
Expanding internationally comes with a host of logistical hurdles—one of the most critical being the ability to accept and hold foreign currencies. For businesses working with clients or partners in Singapore, the ability to operate in local currency can have a significant impact on cost management and client satisfaction.
With this release, businesses can now open accounts in Singapore dollars (SGD), providing a faster, more cost-effective way to receive local payments. There are no minimum deposit requirements or physical paperwork to get started. The process is entirely digital and accessible from the company dashboard.
Receiving funds in SGD has multiple advantages. First, it removes the need for currency conversion at the time of payment, avoiding unnecessary fees or timing-related losses. Second, it enables better cash flow control when operating in the Singaporean market. Third, it reduces friction for customers, who can pay in a familiar currency without complications.
The introduction of this capability reflects a broader shift toward borderless financial systems. Rather than forcing companies to rely on third-party intermediaries or legacy banks for international operations, platforms are now offering native tools that help businesses meet local expectations in global markets.
Proactive Spending Control with Notification Settings
Transparency and real-time data access are fundamental for modern finance teams. One of the most practical updates in this release is the ability to customize email notification settings tied to company spending.
Finance administrators can now receive instant alerts when a card is used, when account balances dip below a certain threshold, or when specific spending behaviors occur. These notifications allow businesses to catch irregularities early, investigate potential policy violations, and stay aligned with department budgets.
More importantly, the update offers flexibility. Not all users want every transaction showing up in their inbox. With customizable settings, businesses can tailor the experience to suit individual roles or preferences. Some users may want immediate alerts for every card swipe, while others may prefer a daily summary or only notifications for outliers. This granular control supports a more intelligent financial monitoring system—one that scales with the size and complexity of the business and adapts to evolving internal structures.
Enhanced Android App: Mobile Spending Visibility in Real Time
In today’s remote and mobile-first working environments, having access to financial data on the go is no longer optional—it’s critical. The February update introduces improved functionality for Android users by enabling real-time transaction alerts directly on mobile devices.
Whenever an employee uses a company card, a notification is sent immediately. This means managers can oversee spending without needing to log into a web dashboard or wait for a weekly report. It also helps employees stay informed of successful or failed transactions, adding a layer of confidence and transparency to their day-to-day activities.
Mobile notifications also create opportunities for more responsive financial decision-making. For example, if a team member attempts to make a purchase outside of their budget limit, an administrator can take corrective action within minutes. This responsiveness prevents small oversights from becoming costly errors. By enhancing mobile app capabilities, businesses gain a powerful extension of their financial control—accessible anywhere and anytime.
Digital Wallet Integration for Hong Kong Businesses
For companies operating in Hong Kong, the move toward fully digital operations just got more convenient. With this update, businesses can now add their corporate cards to Apple Pay and Google Pay, enabling contactless payments via smartphone.
The advantages here go beyond convenience. Mobile wallet transactions are encrypted and require biometric authentication, making them more secure than traditional cards. Additionally, employees no longer need to carry physical cards, reducing the risk of loss or unauthorized use.
This feature is particularly useful for teams frequently on the move—sales representatives, account managers, or service technicians who incur expenses in real time. With smartphone-based payments, these professionals can transact efficiently without administrative delays.
Adding digital wallet compatibility further aligns business tools with consumer technology trends. As more professionals expect seamless, mobile-first experiences in their work lives, companies that deliver these tools will gain a competitive edge in attracting and retaining talent.
Driving Financial Simplicity in Complex Operations
Every feature released in February represents a step toward more intuitive, scalable, and globally relevant financial infrastructure. Whether it’s giving Australian companies more control over payroll, enabling US businesses to issue instant virtual cards, or allowing teams in Hong Kong to pay from their smartphones, the theme remains the same: reduce friction, increase flexibility, and empower businesses to operate with greater confidence.
These updates are more than just technical enhancements. They’re strategic tools designed to support long-term growth, make cross-border operations easier, and give finance teams the visibility they need to make better decisions. From local payroll processing to international currency collection, the changes unveiled this month are laying the groundwork for a more connected and capable financial future.
Deepening Financial Control and Global Usability
As the global business landscape continues to shift, companies are increasingly turning to flexible, scalable financial platforms that can adapt to dynamic markets, distributed teams, and rapid growth. The February 2022 update builds on the groundwork laid in the previous release cycle, introducing thoughtful improvements that touch every aspect of business finance—from currency management and deposit documentation to mobile capabilities and real-time fund access.
This release is about refinement and expansion. Where earlier updates focused on enabling transactions and issuing cards, this installment shifts toward deeper control, customization, and usability. Businesses operating in regions like Indonesia and the Philippines will notice better foreign exchange performance, while users managing multi-entity clients or regulated operations can now tailor financial documents more precisely.
Meanwhile, mobile-first users gain even more access to their account data, with features that make it easier to manage wallets and foreign currency balances from anywhere. Below, we break down the key improvements delivered in this release and explore how they support modern businesses in optimizing their financial operations.
Optimized Currency Conversion for IDR and PHP
Foreign exchange remains one of the most critical components of international business transactions. Even small changes in rates can significantly affect margins, supplier costs, or employee payroll. Recognizing this, the February update introduces reduced FX costs for two widely used currencies in Southeast Asia—the Indonesian rupiah (IDR) and the Philippine peso (PHP).
For businesses transacting frequently in these currencies, whether to pay overseas staff, source materials, or support regional customers, the lowered exchange margins represent tangible savings. With tighter spreads and more competitive rates, companies can retain more value from each conversion, improving cash efficiency and enhancing cross-border pricing strategies.
In a region where market volatility can fluctuate quickly, having access to improved FX conditions enables more confident planning. Additionally, for businesses building long-term relationships with vendors or contractors in Indonesia and the Philippines, these improvements help foster trust by ensuring that funds arrive faster and with fewer hidden costs.
The update also positions the platform to better support businesses expanding into Southeast Asia—one of the fastest-growing regions for digital commerce and remote work. As international teams become the norm, the ability to transact efficiently across currencies becomes a vital pillar in managing operations at scale.
Tailored Deposit Confirmation Letters for Regulatory Compliance
Modern business relationships are increasingly complex, often spanning multiple jurisdictions, legal entities, and regulatory frameworks. With that complexity comes the need for more robust documentation—particularly when it comes to validating deposits and meeting compliance standards.
To address this, the platform now allows businesses to customize their deposit confirmation letters. These documents can include entity-specific details, such as business names, registration numbers, and tailored regulatory information that align with local or customer-specific requirements. This new personalization layer is available in both English and Mandarin, supporting broader usage across global client bases.
For companies that frequently work with regulated industries, government agencies, or financial institutions, being able to present detailed, accurate documentation is critical. Whether for audit purposes, customer due diligence, or internal record-keeping, deposit confirmations must reflect the reality of the transaction. The ability to tailor these documents enhances transparency, fosters trust with stakeholders, and supports more efficient compliance workflows.
Platform and business account users alike benefit from this improvement, particularly when managing high-volume or high-value deposits across multiple customer accounts. The flexibility to adapt communications to the specific context of each transaction also helps reinforce the professionalism and attention to detail that customers expect from modern financial partners.
Full Wallet Access and Account Management on Android
Mobile capabilities are no longer a nice-to-have for financial management—they are essential. Whether executives are traveling, finance managers are working remotely, or teams are operating across time zones, being able to view, manage, and control funds from a mobile device is vital.
The February release delivers a major upgrade to the Android app, enabling users with wallet permissions to do more with their financial data. Most significantly, users can now access the complete list of Global Accounts linked to their business, including both domestic and foreign currency balances. This feature gives a comprehensive overview of available funds across multiple currencies, streamlining decision-making and improving transparency.
Previously, the mobile experience was more limited, offering only partial access to wallet balances and account information. Now, users can view detailed account data, share account information with vendors or partners, and initiate internal transfers directly from the app. This is especially helpful for businesses managing real-time cash flow or responding to immediate payment requests.
Mobile-first enhancements also support more agile treasury management. With real-time access to account balances, finance leaders can monitor working capital, allocate funds to high-priority operations, and ensure that currency holdings align with upcoming obligations. The end result is a more proactive and responsive financial management experience, regardless of where team members are located.
Enabling Better Treasury Decisions with On-the-Go Account Oversight
Running a global business often means juggling multiple bank accounts, currencies, and partners. With this complexity, having full oversight into your account structure becomes crucial. The improved wallet experience on Android solves a major usability challenge by giving users the power to manage their global accounts on the move.
Now, finance teams can review balances in all currencies, track inflows and outflows, and generate account details for third-party sharing—all from a single interface. This functionality dramatically simplifies the experience of accessing essential financial data in fast-paced or decentralized environments.
Moreover, this level of access improves responsiveness. If a payment is delayed or a currency holding is low, action can be taken immediately—without needing to wait until someone is back at their desk. In fast-moving sectors like eCommerce, logistics, or SaaS, even a few hours of delay can disrupt operations or damage vendor relationships.
The update also supports better internal collaboration. With multiple team members often sharing wallet permissions, mobile access enables distributed decision-making without compromising security or control. It becomes easier to assign tasks, resolve queries, and maintain alignment even across different departments or regions.
A Glimpse at Future Capabilities for Currency Account Management
While the February release significantly enhances current functionality, it also lays the groundwork for future developments. One of the most anticipated features in the roadmap is the ability to create new currency accounts directly from the mobile app.
This upcoming capability will allow businesses to expand their currency holdings in response to emerging opportunities or regional growth. For instance, if a company secures a new customer in Canada, they could instantly create a CAD account to receive payments in local currency. This instant access would reduce settlement times, improve pricing transparency for customers, and eliminate the need for third-party banking support.
By extending currency account creation to mobile platforms, businesses will gain unmatched flexibility in adapting to changing financial environments. It’s a logical next step in building a comprehensive financial management tool that works wherever and whenever business happens.
Reinforcing Control Through Unified Notifications
Alongside technical improvements, the mobile and platform updates also reinforce broader goals of control and transparency. One example is the enhancement of notification settings, which now integrate with account management tools to provide relevant, timely updates about account activity.
These notifications ensure that key stakeholders remain informed about fund movement, low balances, or account usage without having to log in frequently. By delivering alerts that align with user roles and responsibilities, the platform reduces noise while improving situational awareness.
This functionality supports risk mitigation, policy enforcement, and operational planning. Whether it’s a CFO monitoring foreign currency exposure or an operations manager tracking fund availability for a large shipment, real-time insights help guide smarter decisions.
Bridging the Gap Between Platform and Mobile Ecosystems
One of the underlying themes in the February release is the convergence between platform and mobile capabilities. Traditionally, financial platforms were optimized for desktop use, while mobile apps were seen as secondary or limited in scope. That distinction is disappearing.
By enabling full wallet access, account visibility, and real-time notifications on Android, the update brings mobile functionality nearly on par with desktop experiences. This parity is vital for businesses embracing remote work, distributed teams, and 24/7 global operations.
The convergence also empowers smaller companies or startup teams who may rely more heavily on mobile devices due to resource constraints or travel demands. These teams can now manage their financial operations from their phones without sacrificing oversight or efficiency.
At the same time, larger enterprises benefit from the ability to decentralize access and empower regional teams with mobile financial tools. This supports more autonomous operations while keeping overall governance intact.
Aligning Features with Strategic Business Goals
Beyond usability improvements, each feature in this release contributes to broader strategic goals for growing businesses. Whether it’s controlling FX costs, customizing documentation, or enabling mobile-first treasury management, the updates help companies:
- Reduce operational costs through smarter FX pricing and automated document generation
- Improve responsiveness by enabling financial decisions on mobile platforms
- Maintain compliance by tailoring deposit communications to meet regulatory needs
- Empower teams with tools that support real-time insights and decentralized action
These improvements are particularly relevant for fast-growing startups, midsized firms expanding into international markets, and digital businesses operating with lean internal finance teams. By focusing on automation, customization, and access, the February updates help businesses focus on strategy rather than administrative overhead.
Future of Expense Management and ERP Integration
With the business world accelerating toward digitization and global expansion, the importance of integrated, responsive, and intelligent financial operations has never been more apparent. Finance teams are increasingly required to balance control with agility, and accuracy with speed. To keep up, systems must become more interconnected, processes more automated, and user experiences more frictionless. The February 2022 product update rounds off with a look toward that future, highlighting upcoming innovations aimed at redefining expense management and enterprise resource planning integration.
While parts one and two focused on newly available features and platform enhancements, this final installment shifts the lens to what lies ahead—specifically, new solutions that will empower finance leaders to modernize legacy processes, bring clarity to expense flows, and synchronize financial data seamlessly across tools. These developments are driven by the need for precision, speed, and real-time collaboration across systems, teams, and regions.
This section explores the design and strategic intent behind two major upcoming rollouts: a new end-to-end expense management solution and a deep ERP integration that connects financial tools to core accounting software. These capabilities will not only expand the value of the platform but also help organizations rethink how finance is managed across departments and geographies.
The Expense Management Challenge Facing Modern Businesses
Despite the availability of corporate cards, expense reimbursement systems, and approval workflows, expense management remains one of the most fragmented and frustrating elements of corporate finance. Traditional expense processes are often disconnected from real-time financial systems, involve multiple manual touchpoints, and require constant back-and-forth between finance teams and employees.
Legacy corporate cards, while widely adopted, often provide minimal control or transparency. Finance leaders have little visibility into spending until after it occurs, while employees face unnecessary delays in getting access to funds. In some cases, companies must resort to manual spreadsheet reconciliation or third-party reimbursement apps, none of which connect easily to core accounting systems.
This misalignment creates pain points across the organization. Employees experience friction when making purchases or submitting claims. Finance teams face delayed reporting, inaccurate forecasts, and administrative overload. Compliance suffers, as out-of-policy expenses may go undetected until it’s too late. The result is a drain on productivity and a risk to financial oversight.
A Smarter Expense Framework Is on the Horizon
Recognizing these challenges, the next-generation expense management system being developed is built around three key principles: automation, transparency, and integration. The upcoming tool will allow companies to modernize how they distribute, track, and reconcile business expenses. Instead of reactive management, businesses will be able to assign pre-set spending controls, link expenses directly to budgets, and categorize transactions automatically. This change brings finance teams closer to real-time oversight, enabling more accurate tracking and policy enforcement.
With this system in place, administrators can pre-approve card usage, monitor spending categories, and receive alerts when transactions exceed limits. This proactive approach not only reduces errors and misuse but also increases accountability across departments. Employees, meanwhile, benefit from a smoother experience: no more fronting personal funds or chasing reimbursements—spending becomes more flexible and transparent.
Most importantly, the platform aims to integrate deeply with existing financial ecosystems. This means that transactions and receipts can be automatically synced to accounting software, reducing the time spent on manual data entry and reconciliation. Finance teams will be able to close books faster, track expenses with greater granularity, and focus on strategic activities rather than low-value administration.
Region-Specific Rollout: Supporting Global Expense Policies
The upcoming expense solution will first launch in markets including Australia, Hong Kong, the United Kingdom, and the United States—regions where regulatory environments and business practices demand sophisticated financial control.
By tailoring expense features to local needs—such as tax rules, receipt requirements, and reporting standards—the system ensures that companies remain compliant while operating across borders. Whether it’s GST documentation in Australia, VAT tracking in the UK, or mileage allowances in the US, the platform aims to support finance teams in meeting regulatory obligations with minimal effort.
Companies will also be able to adapt policies to their own internal requirements. Whether enforcing per diem limits, department-specific caps, or vendor restrictions, administrators can shape the platform to fit the company’s unique governance framework. As businesses grow into new regions or scale their teams, the expense infrastructure can grow with them, offering both consistency and customization.
Connecting Expense Data to Core Accounting Tools
Another major development on the horizon is the upcoming integration with a widely used ERP and accounting platform. For businesses that rely on structured financial systems to run day-to-day operations, this integration will offer a new level of connectivity between real-world transactions and back-office systems.
The integration is designed to allow businesses to sync transaction data, automate expense categorization, and reconcile payments within their ERP environment. For example, card transactions made by team members can be pushed directly into accounting ledgers, tagged to the appropriate cost centers, and included in financial reports—all with minimal human input.
Beyond the technical benefit, this integration also supports more strategic financial planning. With real-time data flowing into accounting systems, finance teams can analyze trends, detect anomalies, and adjust forecasts faster. Department heads can gain better insight into actuals versus budgets. Auditors can trace spending back to original transactions with greater confidence.
The result is not just operational efficiency but also better decision-making across the organization. Instead of operating with a delay, companies will be able to base decisions on accurate, up-to-date financial information.
Reducing Dependency on Manual Reconciliation
One of the most time-consuming aspects of traditional finance workflows is reconciliation—matching payments with invoices, receipts, and ledger entries. The upcoming integration aims to automate this process by using structured data and smart matching logic.
When a transaction occurs, the system can automatically identify the appropriate supplier, pull the relevant invoice, and match the transaction against approved purchase orders or budget allocations. Any discrepancies can be flagged instantly, allowing for quicker resolution and cleaner books.
For finance teams juggling hundreds or thousands of transactions each month, this represents a significant time savings. More importantly, it reduces the risk of error, omission, or fraud. By building a clear digital trail from payment to ledger, the system enhances internal controls while also supporting audit readiness.
Bridging the Gap Between Cards, Expenses, and Budgets
A key strength of the upcoming expense system and integration is how they combine card functionality with budgeting tools. Rather than treating expenses as separate from strategic planning, the platform connects day-to-day spending with broader financial goals.
Administrators can assign card limits based on departmental budgets, monitor spend against targets in real time, and reallocate funds dynamically as business priorities evolve. This direct link between cards and budgets gives finance teams more agility, allowing them to adapt to shifting market conditions or unexpected costs without losing control.
By consolidating cards, expenses, and reporting into one ecosystem, businesses also benefit from a unified source of truth. Data silos are eliminated, manual work is reduced, and the entire financial process becomes more transparent. This unification enables better communication between finance, operations, and executive leadership—helping align spending decisions with company strategy.
Supporting a Culture of Financial Responsibility
Beyond the technical benefits, smarter financial tools can help foster a culture of accountability within organizations. When employees have clear guidelines, real-time feedback, and streamlined tools, they’re more likely to make informed and responsible spending decisions.
Features like spend notifications, policy-based limits, and automated receipt capture reinforce the idea that financial resources are to be managed carefully. At the same time, removing unnecessary barriers—such as manual reimbursements or approval delays—reduces frustration and builds trust between teams and finance departments.
By making expense management both easier and more structured, companies can create an environment where everyone plays a role in financial stewardship. This culture of shared responsibility leads to better outcomes, improved compliance, and stronger operational performance.
Enabling Scale Without Complexity
Perhaps the most powerful outcome of the upcoming releases is their ability to support scale without introducing unnecessary complexity. Whether a company is hiring rapidly, entering new markets, or launching new products, the financial systems must keep pace.
The new features are built with scale in mind. Administrators can manage hundreds of users, automate approval flows, and generate audit-ready reports without adding overhead. Multi-entity management, localized settings, and centralized visibility ensure that companies can grow efficiently while maintaining oversight.
At the same time, user experiences remain simple and intuitive. Employees can make purchases, upload receipts, and review expenses using mobile or web interfaces—reducing the learning curve and accelerating adoption. The combination of depth and simplicity means that businesses can build financial maturity without slowing down innovation.
A Vision for the Future of Business Finance
The February 2022 product roadmap reflects a forward-looking vision—one where financial tools are no longer reactive or isolated but connected, intelligent, and proactive. By integrating expense management with card systems, accounting platforms, and mobile tools, businesses can create an end-to-end finance experience that’s as dynamic as the modern workplace.
As companies continue to operate across borders, scale their teams, and adopt new business models, their financial infrastructure must evolve in parallel. These upcoming features offer a foundation for that evolution, delivering the control, clarity, and confidence needed to thrive in a competitive global economy.
Conclusion
The February 2022 product release marks a pivotal moment in the evolution of financial technology designed for fast-moving, globally connected businesses. Across three key areas—transaction execution, platform enhancement, and forward-looking integrations—this update addresses both the daily operational needs and strategic ambitions of today’s finance leaders.
We explored how the platform empowered teams with essential new tools. From streamlining batch payroll through ABA file support in Australia to issuing virtual cards in the US and physical cards in the UK, the focus was on removing friction from payments and providing organizations with better tools for local and international spend. The expansion of Global Accounts in Singaporean dollars and the integration with digital wallets in Hong Kong added further versatility for teams managing diverse financial environments.
We delved deeper into functionality improvements that optimize transparency and responsiveness. Enhanced foreign exchange rates for IDR and PHP allowed companies to retain more of their margins, while customizable deposit confirmation letters met regulatory and operational requirements across regions. Mobile users—especially on Android—benefited from increased access to wallet data, more complete visibility into global accounts, and expanded capabilities to manage funds on the move. These enhancements moved the platform closer to real-time, anywhere access for decision-makers and finance professionals.
We looked ahead to the next generation of features. It introduced the foundation for smarter expense management, real-time card governance, and seamless ERP integration. By automating transactions, reducing manual reconciliation, and connecting expenses to accounting systems, these innovations are set to eliminate long-standing inefficiencies while giving finance teams better tools to manage and analyze spend. Region-specific rollouts and localized policy controls ensure that these new features will scale in a way that respects the complexities of international business.
Taken together, these updates reflect a clear vision: to empower companies with a robust, user-friendly, and globally compatible financial infrastructure. This isn’t just about adding new tools—it’s about transforming how businesses manage money, govern expenses, and make financial decisions across departments and borders.
As businesses grow in complexity, their financial systems must not only keep pace—they must lead. By automating the routine, clarifying the complex, and connecting the disconnected, this release lays the groundwork for smarter financial operations in the years to come.
For teams looking to future-proof their operations, simplify global commerce, and accelerate decision-making, these changes represent more than just product enhancements—they are a strategic leap toward borderless, intelligent finance.