Extend, the financial operations platform bringing modern spend and expense management to business cards everywhere, shared its AI Receipt Agent with bank partners as part of its larger mission to make trusted AI tools accessible to the small and mid-market businesses they serve.
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The agent automates the routine work of matching receipts to card transactions while keeping finance teams in control of every decision—reflecting how Extend is building all of its AI functionality: useful first, transparent always, and never at the expense of oversight.
Businesses want AI that gives them time back. But when that AI touches company money and financial records, the bar is higher. Finance leaders want to know what data a tool can see, who signs off on its decisions, and whether they can understand and correct what it did. For many small and mid-market businesses, those questions, not a lack of interest, are what slow AI adoption.
“Every business owner we talk to wants AI to take the tedious work off their plate, and every one of them also wants to know exactly what it’s doing with their data,” said Andrew Jamison, CEO and Co-Founder of Extend. “We don’t think those two things are in conflict. As a small business ourselves, we want the same thing: tools that make the busywork disappear without creating new risk. That’s why we are building all of our AI agents to handle the routine work well and to show their work at every step.
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