Budget feature guide | Budgets | Extend
Overview
Features
Participating banks
- American Express
- Banc of California
- BMO
- City National Bank
- Corpay
- HSBC
- PNC
- Regions Bank
- Silicon Valley Bank
- Texas Capital Bank
Extend for
- Vendor payments
- Virtual employee cards
- Expense management
- Tracking spend
- Reconciliation
- Integrated payments
- Custom AI agents
By industry
- Retail & e-commerce
- Legal services
- Construction & manufacturing
- Media & production agencies
- Life sciences & medical
learn
helpful links
Budgets
How to manage virtual card spending with budgets
Everything you need to know about budgeting with Extend
Empower your team to send virtual cards with budgets
Budgets allow company cardholders to allocate pre-approved funds to a team, location, project, event, or any other expense category. A budget empowers your team to create and update virtual cards for different expense needs without the tedious approval process.
Feature availability
The budgets feature is available to select supported banks and organizations on the Pro and Enterprise plans.
How it works
- Account owner allocates a budget with set controls
- Account owner (budget owner) sends the budget to team members
- Team members (budget users) can create virtual cards with their budget
- Budget owners, budget users, and admins can see budget activity in real time
How companies are using Extend
Finance sends marketing a budget
Using their existing company card, the head of finance creates a budget in Extend, sets the budget limit, and shares it with the marketing team leaders.The marketing team gains access to their funds
When they receive a budget, the marketing team can create virtual cards for their various expense needs.Better visibility means smarter decision making
With real-time insights on budget spend, the marketing team can make informed decisions.Finance maintains control and accountability
The finance team can oversee all card activity.