Teampay announces the integration of Microsoft Teams
On Wednesday, September 29, the spend management platform Teampay announced a new integration with Microsoft Teams, claiming it was the first company of its kind to do so.
Teampay describes itself as a distributed expense management platform that “reimagines the buying process for employees, approvers and finance.” Company technology guides workers through the purchasing process using a conversion user interface with ‘business rule-triggered approval workflows’, giving all employees a secure access to company funds. With this integration, Teampay says it can bring this experience to Microsoft users within the Teams interface.
The company says it is also the first such platform to integrate with Microsoft Dynamics 365 Business Central and Finance & Operations, providing additional support to users within the Microsoft ecosystem.
“As we continue to embrace new ways of working, supporting employees in their workspace – regardless of their physical location – is more critical than ever,” said Andrew Hoag, CEO of Teampay, in a press release . “Our new Teams offering provides a one-stop solution for the many businesses that depend on the Microsoft ecosystem and further expands our global reach. This revolutionary solution provides a seamless experience for employees, reducing friction and increasing satisfaction.
Read more: Teampay uses Slack to promote controller collaboration
Last year, Teampay launched a program called Controller Collective, a Slack-based exchange designed to help senior controllers and accountants. The tool gives accounting professionals access to online and offline events, as well as useful content and peer-to-peer networking. Users can also discuss employment issues, share best practices, and hear from industry experts.
See also: Teampay integrates with Ironclad to improve expense management
The company also integrated the Ironclad digital contracting platform last year to help connect financial and legal workflows and streamline expense management.
Integration and streamlining is designed to ensure workers comply with policies, removing the responsibility previously placed on business owners who had to memorize complex and varied policies, systems and procedures on expense management.