Solutions Overview
FlexiPurchase is a National Australia Bank (NAB) and Bank of New Zealand (BNZ) solution, available exclusively to NAB and BNZ customers, designed to streamline and control business spending through three core modules:
- Expense Management – Enables you to easily manage and acquit corporate card and lodge card transactions, process cash reimbursements, and attach receipts via desktop or mobile app. Built-in approval workflows, expense coding, and receipt matching help ensure compliance and accurate financial reporting.
- Virtual Cards – Enables users to raise a request for a virtual card with specified limits, duration, and justification. Requests are routed for approval, and only once approved is a virtual card instantly provisioned to the user’s profile. This provides strong pre‑purchase control while offering a fast, secure, and efficient way to fund employees—reducing or replacing the need for petty cash, shared card details, or post-purchase reimbursements.
- NAB Supplier Payments – Extends your accounts payable capability by enabling supplier payments via Straight‑Through Processing (direct to a bank account) or a password‑protected virtual card. This acts as a powerful cash flow management tool, allowing you to shift supplier payments onto a secure corporate card payment rail, unlocking the benefits of your corporate card program—such as extended interest‑free days—while securely and efficiently paying suppliers. Available to NAB customers only.