What's new at Payhawk

We're making bank reconciliation faster and easier with a built-in CAMT.053 XML export-file at Payhawk

Here's what's new:

• Seamless bank reconciliation – Import structured account statement data directly into your ERP, Treasury management system, or accounting system without manual data entry.
• Industry-standard format – Compliance with the ISO 20022 CAMT.053.001.02 standard ensures compatibility with major banking and accounting platforms.

We’re expanding our payments capabilities to give you global coverage, better rates, and enterprise-grade payment infrastructure.

Here’s what’s new:

• 115 currencies, with FX — Pay bills and reimbursements across the globe directly from your GBP or EUR account with currency conversion (FX). Leverage our growing selection of local rails (e.g. ACH) and SWIFT, with full price transparency upfront.
• Market-leading rates & fees — Enjoy best-in-class transfer and FX rates starting at just 0.3% markup on top 10 currencies.
• Global USD, GBP and EUR payments send USD, GBP and EUR globally through SWIFT.
• JPMorgan infrastructure — Adds JPMorgan's enterprise-grade infrastructure on top of our existing payment rails for superior coverage and reliability.

Intake-to-Pay makes every spend start with a request, giving finance and procurement proactive control before money leaves the business. Paired with the AI-powered Procurement Agent, adoption is effortless — employees request in Slack as easily as sending a chat, while policies and workflows run in the background.

1. Proactive approval: Every spend, whether paid by card or invoice, begins with a request, ensuring it’s approved before it happens.

2. Policy automation: Configure different request types with fields, workflows, and approval rules that match your policies.

3. Smart routing: Only the right people are involved when their expertise is needed. IT sees software, HR sees L&D, Finance gets visibility on everything.

4. Effortless adoption: The Procurement Agent makes requests as easy as a chat. Employees don’t need training or procurement knowledge, but Finance and Procurement still get total control.

Outcome: Proactive approval becomes the default, employees love the experience, and Finance gets complete visibility without bottlenecks.

More roles and extensions available
We have added new roles and role-extensions to help you create better segregation of duties within the platform.

This includes;

• Dedicated and more granular roles making it easier to differentiate between technical roles and financial roles
• Supplemental extensions which can be added to the roles, creating functions such as team managers and executive assistants
• New platform roles including the IT-admins, View-only auditors, AP-supervisor

We've made improvements to Payhawk's per diem functionality:

1. We now support hourly rates - Payhawk will automatically calculate per diem amounts for countries like UK, Ireland and Austria without the need to submit multiple expenses.
2. You can now choose to use local currency rates for per diems, which Payhawk will automatically convert - so you don't have to.

We've added visibility of all card transactions to the mobile app.

This includes:

• Real-time statuses: Pending, Settled, Failed, Refunded, Cancelled
• Detailed transaction data: amount, merchant, fees, timestamps, and reasons for failure, if relevant
• Smart Call-to-Actions: guidance on what to do next (e.g., request funds, retry, withdraw)
• One-tap access to expenses: direct link to expenses attached to each relevant transaction

You can now enjoy a cleaner, more intuitive layout on the Expense screen.

• Clearer view: Filter only appear when you need them, saving space.
• Always visible: Expense type and ID are now fixed in view.
• Smoother workflow: Closing an expense feels faster and more seamless.

You can now customise your Expenses screen: add, remove, and reorder columns to see exactly what you need.

What's new:

• Add or remove columns
• Reorder and resize them
• Save your layout as a custom view

You can now group, submit and approve expense faster with Automated Expense Reports. The feature consolidates expenses into one report, streamlines approvals, and gives you cleaner financial data. Available on both web and mobile.

• Save time: Auto-group expenses by trip or project and submit one consolidated report.
• Simplify approvals: Review all expenses in one place.
• Ensure accuracy: Export reports with IDs included in ERP exports and templates.

You can now reopen purchase requests even after they’ve been closed — giving teams greater flexibility when circumstances change.

Simply reopen the request, make the necessary adjustments if needed, and continue the workflow.