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Fyle and Decimal team up to bring real-time expense management and simplified financial operations for SMBs

By FF Newsroom · 18 July 2023

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Fyle Inc, the expense management platform, has teamed up with Decimal, a financial operations technology platform for SMBs, to automate expense reporting and credit card reconciliation. Fyle's unique approach to expense management by integrating with all credit cards to provide real-time feeds, and its robust 2-way integration with QuickBooks Online made it an easy choice for Decimal to select Fyle as a technology partner. As soon as employees spend on their cards, they get notified via SMS and Slack. Employees can reply to the text with a picture of the receipt, and Fyle matches it to the right expense instantly. This partnership means Decimal's customers will gain access to AI-enabled expense management software, the freedom to choose their own business credit card, and spend analytics to make efficient financial decisions. "We have been working to build a world where not a single second is spent on managing expenses. Administering staff expenses isn't core to anyone's role, but it's time-consuming and frustrating", said Yashwanth Madhusudan, CEO, Fyle. "We look forward to working closely with the Decimal team to bring the combined best-in-class solution to SMBs in the US." "By joining services with Fyle, we can help a broader range of businesses manage their expenses, categorize financials and develop scalable processes for controlling the spending across a company," said Matt Tait, CEO, Decimal. "Strong financial operations have to start with a strong foundation of processes, technology, and people."

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