Case Study: Lucien Bike achieves 95% less time spent on expenses with Mobilexpense

How Lucien Bikes Spent 95% Less Time on Expenses

Lucien Bike, a company aiming to make bikes more accessible, was struggling with a slow and inefficient expense management process. Their previous system, which relied on bank-issued cards and manual Excel tracking, was time-consuming and resulted in poor quality data. MobileXpense introduced them to their combined solution of Mobilexpense Credit Cards and the Mobilexpense app to address these challenges.

The MobileXpense solution automated the expense process, with virtual cards notifying employees to upload receipts immediately after a purchase, drastically reducing lost receipts. The implementation gave the CFO direct control to create or cancel cards instantly. This resulted in a 95% reduction in time spent on expenses, which the company considered one of its most profitable investments of the year.

Lucien Bikes

Gerald Evers

Chief Financial Officer