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Mendel

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Serving customers since
2021
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Mendel

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Mendel is a comprehensive corporate spend management platform designed to streamline and automate financial operations for large enterprises in Latin America. By integrating expense management, payments, and corporate travel, Mendel provides CFOs and finance teams with real-time visibility and control over company expenditures. The platform's intelligent features enable businesses to optimize resources, enhance operational efficiency, and prevent fraud. Key Features and Functionality: - Expense Management: Assign budgets, set spending rules, and monitor expenses in real time to maintain financial discipline. - Invoice Recovery: Capture and validate invoices effortlessly by photographing receipts, ensuring compliance with tax authorities. - Instant Refunds: Approve and process employee reimbursements swiftly, regardless of the original payment method. - Corporate Visa Cards: Issue smart physical and virtual cards that adhere to customizable spending rules, providing flexibility and control. - Automated Workflows: Eliminate manual tasks by automating financial processes, reducing administrative burdens. - Security Measures: Implement robust security protocols at every stage to prevent corporate fraud and ensure data integrity. Primary Value and Solutions Provided: Mendel addresses the complexities of corporate spend management by offering a unified platform that simplifies financial processes. It empowers enterprises to gain real-time insights into their spending, enforce budgetary controls, and automate routine tasks. This leads to optimized resource allocation, improved operational efficiency, and enhanced financial discipline. By preventing fraud and ensuring compliance with local regulations, Mendel provides a secure and reliable solution tailored to the needs of large organizations in Latin America.

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HQ Location:
CDMX, MX

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What is Mendel?

Mendel is a financial technology company specializing in automating expense management for businesses. Their platform uses artificial intelligence to streamline the way companies track, manage, and control spending, particularly aiming to simplify the processes associated with expenses related to travel and business purchases. Mendel offers tools that help in automating data capturing, enforcing compliance with company policies, and providing real-time visibility into expenditures, thus enabling more informed financial decision-making.

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Year Founded
2021
Website
mendel.com