The Business Spending Report highlights Wells Fargo's leadership in the small business and internet areas.

'This is a key tool for small businesses to manage their spending that provides them with an up-to-date picture of their spending habits.'

'It's simple to use and small business owners save time by not having to enter or categorize information themselves,' said Mark Baumli, senior vice president of Wells Fargo's Business Internet Services.

All of this is available without having to download information into complex financial software.

Business owners can quickly review spending for their business accounts separately from their personal accounts - or for all their accounts combined.

An annual spending summary is available for the first four months of every year to help business customers prepare taxes.

Business owners can view their current spending and download, save and print up to 16 months of detailed spending history.

By automatically organizing purchases and payments into categories, the Business Spending Report helps business customers quickly spot spending patterns across their Wells Fargo accounts. This much-needed service allows them to spend less time managing their expenses, and more time building and growing their businesses.'Ĭard and bill pay transactions are organized into key categories such as office supply/stationery, auto/gas, utilities/telecom, and more. 'Business owners tend to wear many hats - including that of finance manager.

'This is an important new tool for small business owners that enables them to better manage their spending, organize their finances, and maintain the financial health of their company,' said Brenda Yost, senior vice president Wells Fargo Card Services. Using the patent-pending Business Spending Report, small business owners can quickly view their spending transactions from their Wells Fargo Business Check Card, Business Credit Card, and Business Online Bill Pay in one convenient place, through a secured, online banking session. This free service gives businesses an automatic consolidated overview of their spending, updated each business day, allowing them to monitor and track expenditures anytime, anywhere.

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