Managing business expenses, particularly for global multi-entity organizations, has long been a challenge for finance teams. Traditional methods involving manual reimbursements, missing receipts, and approval bottlenecks create inefficiencies, cash flow issues, and compliance risks. With innovation of payments at its core, Fyorin is thrilled to announce the launch of Physical Cards and Smart Expense Management solution, transforming expense handling with automation, real-time visibility, and enhanced control.

A Unified Solution for the Payments Industry

These new products from Fyorin are set to benefit finance teams, employees, and businesses operating across multiple jurisdictions. By integrating smart expense management with physical and virtual cards, Fyorin provides a seamless financial ecosystem that eliminates manual inefficiencies, reduces costs, and increases compliance, empowering organisations to operate with agility and confidence in today’s fast-moving payments landscape.

Introducing Physical Cards: Secure and Flexible Business Payments On-The-Go

Fyorin’s physical cards bring all the benefits of the successful virtual cards with the enhanced flexibility, security, and control for businesses making in-store and travel-related purchases. Finance teams now have a powerful tool to streamline corporate spending while maintaining real-time oversight.

Key Benefits of Fyorin’s Physical Cards:

• Eliminate Out-of-Pocket Expenses & Reimbursements: Employees gain direct access to company funds for in-store and travel-related expenses, reducing cash flow burdens and delays.
• One Card, Multiple Accounts: Businesses can link multiple Fyorin accounts to a single card, seamlessly switching between them for multi-currency payments.
• Cash Rebates & Zero Transaction Fees: High spending limits (€250,000 and more) and cashback incentives help businesses improve their bottom line.
• Enhanced Security Features: Built-in fraud protection, remote freeze/delete options, and a sleek design with no visible account details provide added peace of mind.
• Real-Time Tracking & Compliance: Transactions are automatically recorded on a central dashboard while employees can upload receipts instantly via a mobile-friendly portal.
• Advanced Spending Controls: Customisable budgets, spending limits, and automated approval workflows keep expenses in check without delaying business operations.

Smart Expense Management: Transforming How Businesses Handle Expenses

Finance teams often struggle with month-end reconciliations, multi-currency complexities, and fragmented approval workflows. Fyorin’s Smart Expense Management solution addresses these challenges with full automation, ensuring smooth, real-time expense tracking across multiple entities.

Key Features Driving Financial Efficiency:

• Centralised Control Across Multiple Entities: Finance teams can configure ledgers, allocate costs, and generate reports by entity or currency.
• Real-Time Visibility: A comprehensive dashboard provides group-wide and per-entity expense insights, enabling proactive cost control.
• Seamless Multi-Currency Transactions: Fyorin’s expense cards in EUR and GBP help businesses avoid foreign exchange losses and improve reconciliation accuracy.
• Streamlined Approval Workflows: Pre-approved claims eliminate redundant approval processes, keeping business operations agile.
• Eliminating Manual Reimbursements: Employees can access company funds instantly via virtual or physical cards linked to pre-set budgets, reducing admin overhead.
• End-to-End Automation: Transactions are categorised automatically, and VAT/tax rules are applied in real time, reducing errors and compliance risks.

Driving Innovation for Businesses Expenses

With Expense Management and Physical cards Fyorin is bridging the gap between payments innovation and real-world business challenges. The finance function is no longer slowed down by inefficiencies-  our integrated platform ensures that businesses have full visibility, automation, and control over their spending while remaining compliant across multiple jurisdictions.