BMO Financial Group is partnering with the Hogg Robinson Group (HRG) company Spendvision to provide a new expense management platform for BMO corporate card clients, providing them with “a sophisticated online tool to capture, manage and report on their corporate card spend.”
The product, branded as “BMO Spend Dynamics” will be rolled out to clients in a multi-phased approach, beginning this spring.
Steve Pedersen, vice-president, North American Corporate Card Products, BMO Financial Group, commented, “We wanted to take things to the next level in card and expense management platforms. We needed a best-in-class technology that would give real value to our business clients, helping them save money and take control of their entire corporate card spend. With Spendvision, we found just that – a superior customer experience with a user-friendly interface, in a single, seamless global platform that allows clients to manage all types of corporate card spend comprehensively and within policy.”
Spend Dynamics will be available to BMO clients across geographic borders, industry segments and a wide variety of card products, to provide a strong competitive solution. It ensures that BMO will continue to meet their evolving business needs, in areas such as mobile and e-payments.