UniCredit Bank has launched the Smart Data functionality from Mastercard – a first time on the Romanian market

UniCredit Bank announces a new feature, a premiere on the Romanian market – Smart Data, an expense management and reporting solution for managing Mastercard business cards issued by UniCredit Bank. The solution delivers expense management and reporting for transactions made with the cards.

Smart Data is a  web based application linked to the Mastercard business card product and can be accessed by companies in different ways.  It can be accessed through the web interface with user rights to view, organize expenses related to transactions, and export their history as customized reports. Or via outbond data delivery,  automatic and secure transmission  of financial information and enhanced data that can be delivered to various expense management and accounting systems

“The UniCredit Group is always committed to meeting the needs of its customers, and with the launch of Smart Data, operations with Mastercard business cards will be managed by companies much more efficiently. The development of companies in Romania involves increasingly complex needs that require advanced technical solutions. Using Smart Data modules allows easy control of expenses made with Mastercard business cards by company employees, reducing the company’s operational costs and facilitating business development,” said Raluca Popescu, Executive Vice President of Corporate & Investment Banking Division, UniCredit Bank.

“Mastercard Smart Data is our web-based expense management system, providing business customers with a suite of tools to easily organize, consolidate, analyze, and manage large volumes of financial data. Customers can track all transactions, access solid data about suppliers, fees, and other types of expenses, choose customizable work templates, apply advanced filters, and generate standardized reports. By providing better visibility and greater control over company expenses, Smart Data supports the transformation of digital payments and working capital management.” stated Elena Dincă, Head of Sales for Financial Institutions, Merchants, and Government Segments, Mastercard.

About UniCredit Bank

UniCredit Bank is part of the UniCredit Group, a Pan-European Commercial Bank with a unique range of services in Italy, Germany, Central and Eastern Europe. In Romania, UniCredit Bank is one of the main financial institutions, providing high-quality services and products for all categories of clients. UniCredit Bank aims to consistently keep the customer at the center of its activities, to be a partner that is easy to work with, and to be an active part of the communities in which it operates. The Group addresses a diverse range of customer needs through a network of specialized partners: UniCredit Leasing Corporation, UniCredit Consumer Financing, UniCredit Services, UniCredit Insurance Broker.

About Mastercard

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.