Amex GBT debuts small-business spend-management tool in U.K.
American Express Global Business Travel (GBT) has developed a new service enabling small businesses to manage travel, office purchases and cash flow on a single platform.
Neo1 for the first time integrates Amex GBT with office expenditures for supplies — including Amazon Business purchases — and utilities in one location, according to a report in Business Travel News. The service will roll out first in the U.K.
Designed for owner-managed businesses, Neo1 also provides a view of corporate card spending plus employee reimbursements, eliminating the need to import separate payments.
It typically takes about 48 hours for a business to fully load Neo1 online. Amex GBT plans to roll the service out in other markets in the future, the report said.