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Extend is an expense report management software designed to help businesses create virtual cards to process payments and automate reconciliation processes. The platform enables administrators to define budgets, track transactions and monitor spending in real-time.

Warranties provided by the manufacturer as part of the vehicle cost typically cover only certain problems with the vehicle. Extended warranties or service contracts sold for an additional charge typically cover problems with mechanical and electrical parts not covered by the manufacturers' warranty.

About Extend: Extend is the leading provider of modern product protection. The company's API-first solution allows merchants to easily offer protection plans, while delivering an elegant support experience to end customers.

A: A manufacturer's warranty typically only covers defects in materials and workmanship for specific component parts. In contrast, the Extended Protection Plan coverage protects against any covered failures, including those due to manufacturer defect, power surge, or even normal wear and tear.

Extend ? which aims, in the words of co-founder and CEO Woody Levin, to become the ?Apple Care? for everything that's not an actual Apple product ? has raised $260 million, a Series C that values the company at over $1.6 billion.

When it comes to the long-term cost of your car, extended warranties are generally ?a bad deal,? says Gillis. In a Consumer Reports survey, 55% of people who purchased an extended warranty never touched it. Among those who did use the warranty, most saved less on repairs than they paid for the contract.

Extend, Inc. provides technology solutions. The Company offers product protection platform that allows any merchant to easily offer extended warranties and protection plans. Extend serves customers in the United States.