London fintech Curve has partnered with accounting software provider Xero to remove the hassle of filing expenses, allowing users to log each charge with Xero automatically.
This eliminates the need for a Curve user to input each transaction into Xero’s accounting platform manually; the feature allows customers to connect their Curve app to their Xero account, so all spending on the Curve card is immediately logged.
This means all of the transactions made by a user from their Mastercard-powered Curve card will appear instantly into Xero, effectively eliminating the hours businesses typically spend on this type of data entry.
The feature will also log receipts that are captured by the user, another point of friction for expense reports.
Read more at Techcrunch and Finextra.