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New Mobile Service for Corporate Cardholders Makes Expense Receipts a Snap
|By Business Wire
|July 17, 2014 01:41 PM EDT
Crumpled, unreadable, and missing paper receipts
are no longer a nuisance for corporate credit cardholders who need them
to file expense
reports and get reimbursed for out-of-pocket expenses. Instead, no
matter where Wells Fargo & Company (NYSE: WFC) Commercial
Card customers are, with the new feature on Wells Fargo CEO Mobile®,
they can immediately upload paper receipts for processing and
reimbursement by simply snapping their photos.
One company that already has made the switch from paper expense receipts
to mobile images is Universal Avionics, an international equipment
manufacturer and marketer in Tucson, Arizona. This company uses the
Wells Fargo CEO Mobile and Commercial
Card Expense Reporting (CCER) services to manage its corporate
purchasing card program and says it will greatly benefit from the added
“Throughout our organization, it’s difficult for us to manage all of our
receipts, and we often miss some,” said Curtis Thelen, program
administrator and Wells Fargo cardholder at Universal Avionics. “This
new solution will help us increase our percentage of receipts collected.
I also see this becoming the preferred method over using a scanner and
e-mailing the image. I can’t think of a better way of doing it.”
After taking a photo of a receipt with an iPhone, iPad or Android
smartphone or tablet, Wells Fargo corporate cardholders sign in to the CEO
Mobile app, click the Wells Fargo Commercial
Card Expense Reporting (CCER) service, and tap “Upload Receipt.”
It’s that easy. CCER transmits the electronic receipt for reconciliation.
“Our customers have seen their share of expense receipts go missing or
through the washing machine. Now we’ve made the process easy,” said
Secil Watson, head of Wells Fargo Wholesale Internet Solutions. “This
new mobile solution significantly streamlines the process of expense
CCER also provides company card administrators with tools to set
spending limits, e-mail notifications to cardholders, generate reports,
and send alerts about purchasing trends or unusual and unauthorized
“Mobile adoption among our corporate customers is increasing at a fast
pace, as mobility gives them the ability to perform time-sensitive
transactions no matter where they are,” added Watson. “Customers want to
complete their financial to-do list no matter where they are and what
device they are on.”
About the CEO portal and the CEO Mobile service
The Commercial Electronic Office® (CEO®)
portal offers Wells Fargo commercial and corporate customers secure,
single sign-on access to a broad offering of online banking applications
and reports, including cash management, credit, investments, foreign
exchange, trade finance, capital markets, trust, insurance, and health
benefits. The CEO Mobile service allows customers to securely
access their accounts when they’re on the go, away from their computer
or office, or traveling for business. Through the CEO Mobile
service, customers can perform many of the same tasks they access
through the CEO portal, as well as additional functions such as
uploading business expense receipts or depositing checks using an
iPhone, iPad, or Android device.†
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.6 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial
finance through more than 9,000 locations, 12,500 ATMs, and the internet
and has offices in 36 countries to support customers who conduct
business in the global economy. With approximately 265,000 team members,
Wells Fargo serves one in three households in the United States. Wells
Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of
America’s largest corporations. Wells Fargo’s vision is to satisfy all
our customers’ financial needs and help them succeed financially. Wells
Fargo perspectives and stories are also available at blogs.wellsfargo.com
and at wellsfargo.com/stories.
†Requires iOS version 5.1 or above or Android version 4.0 or above.
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