American Express and American Express Global Business Travel (Amex GBT) have partnered to streamline spend management for small and medium-sized businesses (SMBs). Amex GBT will enable businesses to issue virtual cards for their employees via Amex GBT's Neo1 platform. This integration combines the capabilities of an expense system, procurement platform, online business travel booking tool, and virtual card issuance into a single smart ecosystem. This gives businesses increased visibility and control over employee spending avenues, including budgeting, purchasing with virtual cards, booking business travel, and streamlined expense processing. Amex GBT's insights reveal that 37% of financial leaders find processing expense reports a drain on time and resources. By distributing virtual cards, Amex and Amex GBT are automating expense management and providing employers with specific spending controls and permissions.