Budgets allow company cardholders to allocate pre-approved funds to a team, location, project, event, or any other expense category. A budget empowers your team to create and update virtual cards for different expense needs without the tedious approval process.

How it works

How companies are using Extend

1. Finance sends marketing a budget

Using their existing company card, the head of finance creates a budget in 
Extend, sets the budget limit, and shares it with the marketing team leaders. Sharing the budget with more than one leader provides future flexibility 
of card management, e.g. someone goes on vacation.

2. The marketing team gains access to their funds

When they receive a budget, the marketing team can create virtual cards for their various expense needs, including paid media, software subscriptions, events, and ad hoc project expenses.

3. Better visibility means smarter decision making

No more overspending or wasted time. With real-time insights on budget spend, the marketing team can make informed decisions on how and where to spend their money, without the wait time of tedious approval processes.

4. Finance maintains control and accountability

The marketing team now has the ability to create virtual cards when they need to, while the finance team can oversee all card activity, easily review things like receipts and invoices, and save time fielding card requests and approvals.