NCBA, Visa introduce spending tracking tool for businesses - Capital Business
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From Left: Charles Omondi-Group Director Corporate Banking NCBA , Tirus Mwithiga Group Director Retail Banking NCBA, Eva Ngigi Sarwari Ag General Manager Visa East Africa and Essop Imraan- Senior Director Head VISA Commercial Solution - Sub Saharan Africa (SSA) during the launch of Visa Spend Clarity for Enterprise for commercial card clients of NCBA . The event was held at Serena Hotel/COURTESY

Kenya

NCBA, Visa introduce spending tracking tool for businesses

NAIROBI, Kenya, Oct 25 – NCBA business customers will be able to monitor their spending using a new tool.

The solution, which is a partnership with Visa, is an online ‘spend and expense management platform’ that offers firms visibility and control over their expenses.

The tool can be customized as per the requirements, creating access at various levels and enabling stakeholders in the corporate world to access a relevant set of reports and data.

The expense management capability, the partners say, helps in digitizing the expense claim process, making it paperless with capabilities like OCR and receipt upload with multiple approval levels.

”We are constantly looking for new ways to offer our customers enhanced speed and convenience when it comes to payments through integrated services,” NCBA Retail Director Tirus Mwithiga said.

“This collaboration with Visa is most valued, as it aligns with the Bank’s business growth agenda, through digitisation. We look forward to more partnerships that enable us to draw strengths from each other, in ensuring that we maintain distinguished customer experience,” he added.

On her part, Visa Kenya Country Manager Eva Ngigi-Sarwari noted that the platform will help customers make informed decisions about the trajectory of their spending.

“This partnership with NCBA is part of our commitment to help businesses of all sizes digitize their processes by offering convenient, secure and customizable tools,” she said.

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