Today at the Collision Conference in Toronto, leading global fintech platform Jeeves presented its latest update to its services suite.
Armed with a major round of funding, the New York-based fintech announced their launch in Canada in 2021.
Cash, corporate cards with up to four percent cash back, and cross-border payments all run on the Jeeves proprietary infrastructure which allows companies to spin up their finance function within minutes.
Jeeves’ product update marks a significant milestone in the company’s mission to continue building an all-in-one global finance platform. This version offers a new set of features designed to enhance financial management for companies worldwide.
“We are excited to launch this “Summer Update,” the biggest step in our journey towards creating a comprehensive global finance platform,” said Dileep Thazhmon , CEO of Jeeves.
“These new features are tailored to meet the evolving needs of our clients, enabling them to manage their finances with greater confidence and precision.”
Among the new features included in this launch, companies can now access to:
- Automated Accounts Payable: Enabling bulk payments in multiple currencies (USD, CAD, MXN, BRL, GBP, and EUR), streamlining cross-border transactions, and reducing administrative tasks.
- Enhanced Mobile Functionality: The Improved mobile features allow for easier spending control across organizations, providing finance teams with the tools to manage expenses efficiently on the go.
- USD Accounts for Mexican Companies: Companies based in Mexico can now open US Dollar accounts. This allows them to pay vendors in USD and effectively manage currency rate fluctuations, enhancing financial stability and operational efficiency.
- Expanded Credit Offerings: this release offers expanded credit facilities, unlocking additional cash flow to support business growth and operational flexibility.
The suite offers faster and smarter bill payments through AI, more domestic and international payment options, and better controls for company-wide expenses.
All these tools improve the way companies worldwide manage finances, and they are growing not only within their markets but also in several regions.
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