Replace expense reports and apps
Issue virtual and physical cards.
Pay bills with free bank transfers.
Reimburse employees without cards.
Automate data entry and reconciliation.
Dedicated IBAN for free bank transfers and receivables.
Bursement is a centralised business spending solution for forward-thinking teams. Bursement enables employees to buy the things they need for work while keeping companies in full control of all spending and erasing needless expenses with useful insights. Bursement rewards your team for healthy financial hygiene and decisions. With the help of breakthrough technology and commercial cards, Bursement eliminates expense reports, reduces administrative complexity and simplifies bookkeeping. Find out more.
Bursement provides you with smart company cards. Bursement provides spend management, billing and invoicing tools for teams. We provide expense forecasting using our proprietary AI algorithm. We provide a vendor and credit/debt management system that gives one deeper insight into expenditures, debt and credit. Reward your employees, manage their benefits and offset your global carbon footprint.
Bursement provides all payment services, including cross-border money transfer services, in conjunction with MAS licensed partners. All corporate cards are issued and powered by our licensed partner (NIUM).
Yes! Our web platform and app adopt state-of-the-art security practices on the market. Security is very relevant and at the heart of our business operations.
Any business incorporated in Singapore and Indonesia can apply for an account in Bursement. Our team performs Know Your Customer (KYC) which takes about 5-12 business days. You can definitely use some features like Activity while waiting for KYC to be completed.
Bursement account fee is free. Every charge is very low and transparent.