Zil Money, a leading fintech solution, has introduced two innovative features in its Virtual Card suite: AI-powered receipt parsing and automated spending analysis reports.
These features are designed to provide businesses with real-time insights and complete control over their expenses. Businesses can now automatically track spending, with detailed breakdowns by category, merchant, and more, offering unparalleled visibility into financial transactions.
Following the introduction of its Virtual Card, Zil Money has empowered users to create an unlimited number of cards instantly, set customized spending limits, and easily manage expenses. Businesses have reported significant improvements in efficiency, particularly in areas like vendor payments, employee reimbursements, and subscription management.
The addition of AI-powered receipt parsing and automated spending reports enhances these capabilities. These features automate receipt categorization, analyze transaction data, and generate actionable reports within seconds. With real-time analysis, businesses can instantly verify transactions, categorize purchases, and gain valuable insights, streamlining expense management. This innovation reinforces Zil Money’s commitment to delivering cutting-edge tools that empower smarter financial decisions.
“These latest industry-leading features reinforce our dedication to helping businesses optimize their expense management,” said Sabeer Nelli, CEO of Zil Money. “We remain focused on equipping our users with the tools they need to take control, enhance efficiency, and make smarter financial decisions that fuel growth.”