Automated processing of travel related expenses

A method for facilitating the processing of travel related expenses, comprising the steps of:

• determining at least one predicted expense of a traveler associated with a customer;
• electronically receiving receipt information from a provider, the receipt information relating to at least one actual expense of the traveler;
• electronically transmitting the receipt information to the customer, thereby facilitating the processing of travel related expenses;
• and
• reporting to the customer the actual expense of the traveler against the predicted expense.

A system for facilitating the processing of travel related expenses, comprising:

• a database operable to store traveler profile information, customer profile information, and traveler category rule set information;
• and
• a controller connected to the database and operable to:
• receive travel itinerary information for a traveler associated with a customer;
• determine a specified amount of funds to be allocated to the traveler;
• transfer the specified amount of funds from an account of the customer;
• provide at least a portion of the transferred funds to the traveler;
• and
• receive a record of any transactions in which the traveler spends the portion of transferred funds, thereby facilitating the processing of travel related expenses.