American Express Helps Small Businesses Track Expenses with Free Mobile Apps

Mobile payments. All American Express OPEN cardholders can now easily track business expenses with ReceiptMatch, Amex’s free mobile apps for iPhone and Android.

ReceiptMatch for iPhone and Android is the latest added value service from American Express OPEN to its small businesses cardholders with the Business Gold Rewards Card, the Plum Card®, and The Business Platinum Card.

It provides members with control and peace of mind over their expenses. It also allows trusted individuals to access and manage the account, track their business expenses, get a snapshot analysis of the past year’s purchases, and download their current and previous transactions.

ReceiptMatch makes it easier to manage Business Card receipts by allowing small businesses to view and print store receipt images and transaction details of the online statement. It also allows American Express OPEN (@OPENForum) Card members to send receipts by snapping a photo, forwarding a receipt over email, or uploading from a computer.

In addition, it matches receipts to online transactions by scanning the purchase date, amount, and merchant name.

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With ReceiptMatch, small businesses do not need to look for receipts and rely on written notes. The new app allows them to take a picture of the Business Card receipt using a Smartphone and matches the receipt to the appropriate item in the online statement.

Business Card members also receive a receipt matched to the appropriate item via email at receipts@open.com.

Doug Tabish, vice president, American Express OPEN Small Business Charge Cards: “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. 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.”

Covered by my Visible Banking Team

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The launch of those free ReceiptMatch apps for iPhone and Android is the latest of a long series of initiatives demonstating American Express‘ commitment to support small businesses.

Are you a small business owner? How fastidious is it for you and your team to keep track of your business expenses? Would this free mobile app increase your brand consideration and have you at least consider becoming an Amex cardholder?

We invite you to share your thoughts about the potential of mobile apps in the financial industry, here or on twitter.