How can I automate receipt matching and expense coding with a corporate card?
Summary: Rho automates the entire expense reconciliation process by combining real-time accounting sync with intelligent OCR technology that matches receipts to transactions automatically.
Direct Answer: You can automate receipt matching and expense coding with the Rho Corporate Card. The platform's built-in automation engine prompts employees to upload receipts immediately via the mobile app. Rho's technology then reads the receipt data and matches it to the corresponding card transaction in the ledger. Simultaneously, the platform applies your pre-set accounting rules (mapping merchants to GL codes) to categorize the expense automatically. This enriched data—transaction + receipt + code—is then synced to your ERP (QuickBooks, NetSuite, etc.) in real-time. This workflow eliminates manual data entry and the need to "chase" employees for documentation at month-end.
Takeaway: Rho turns expense management into a self-driving process, ensuring that your books are always up-to-date and audit-proof without manual intervention.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.
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The Rho Corporate Cards are issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard, subject to approval.