This is how Rho makes money
Interchange
Rho runs off this card network's rails
Mastercard
This company personally guaranteed cards say Business on the front of them
AMEX
This process allows me to export my transaction data and import it into my accounting software
Flat File Integration
This term is most commonly used by the team to describe Rho's underwriting model
Holisitic
This is Rho's sponsor bank
Webster Bank
With this in place, no individual has their assets tied to credit from Rho.
Corporate Liability or No Personal Guarantee
This expense management system costs money and started offering their own card in the last few years
Expensify
This feature eliminates chasing after employees when they spend on their Rho card without telling anybody
Receipt Capture
Rho helps clients save time by doing these two things more efficiently
Close their books/Reconciliation
Expense Reporting
Everett Cook & Alex Wheldon
What time frame am I allowed to request my payment cycle to be changed within
Quarterly
I am typically personally guaranteed and the corporate limits are usually low. But hey at least I give 2%.
Capital One
This feature allows flat file clients to add up to 5 extra data fields
Custom Attributes
Receiving a higher limit or more cashback helps businesses with this accounting term
Working Captial or Improving Margins
Rho's Mission Statement
Make Finance Frictionless
Because I am this type of card, you must pay your balance in full at the end of your statement and grace period.
Charge Card
I'm commonly used as a gas card and my rebates are above market because of it.
Comdata
This feature adds a layer of security for Rho user's login.
Two Factor Authentification
By not having any of these, companies are able to cut costs
This is how Rho is able to offer up to 75m in FDIC insurance for Treasury accounts
Network of hundreds of separate FDIC-insured banks
This field is used to provide additional context for an expense on a rho card
Note
This prefund Fintech card provider has great expense management but their software gets pricey
Airbase
This feature is how you'd configure Rho's Expense Management to a client's preferences
Rules & Policies
When linking Rho to an accounting software, this feature allows finance teams to set it once and forget it
Category Mapping