Employees who incur business expenses on their credit card may use our tool to speed up the process of filling out their expense report. This tool consists of a direct link to their bank, in order to allow for an upload of their business transactions. We are using Plaid which has established a direct link with more than 100 financial institutions across North America, so your employees can access their business transactions from their financial institutions efficiently.
Advataxes is designed in order that employees can attach a digital copy of their invoices to each expense. This allows approvers to easily review expense reports. You should know that invoices are the proper documents for Canadian tax purposes, not VISA or Mastercard statements. If your organisation handles procurement cards, talk to us to find out how Advataxes can handle these kinds of expenditures smoothly. You should note that we do not store any employee's bank account credentials or information.