Yokoy

Yokoy is an AI-powered platform designed to streamline corporate spend management by automating various aspects of expense handling, invoice processing, and corporate card management. It integrates different expense-related functions into a single, intelligent system, leveraging artificial intelligence to optimize tasks and improve efficiency, accuracy, and compliance across financial workflows.

Key features of Yokoy include configurable no-code workflows, automated tax readouts, and built-in compliance checks that flag policy breaches in real time. The platform also simplifies road travel by calculating mileage expenses and setting minimum thresholds. Users can submit expenses easily via an intuitive mobile app, which allows them to snap photos of receipts for rapid approval and reimbursement. Additionally, Yokoy supports virtual cards that can be instantly replaced if lost or stolen, ensuring employees always have access to funds while traveling.

Yokoy's capabilities extend to categorizing expense spending into configurable categories such as hotels, taxis, and meals, ensuring correct categorization and associated VAT input tax. It also automates tips and gratuities for specific countries, providing a comprehensive and audit-proof data trail from expense submission to reimbursement. By integrating with travel booking systems, finance, and ERP systems, Yokoy enables seamless sharing of trip information, creation of expense reports, and posting of spend to the general ledger. This integration helps organizations manage employee travel expenses efficiently, especially in multi-entity setups with country-specific requirements.