Soldo Blog

Insights on spend and expense management

Insights on spend and expense management

Join thousands of others on the Soldo mailing list
Sort by : Date
Transportation driver
Trends in transportation: fleet managers convince their CFO that cash and fuel cards no longer work

Cash and fuel cards no longer work for Fleet Managers and Operation Managers, as they experience immense frustration among themselves and their drivers on a daily basis. Currently, the economy and fuel crisis call for new solutions in a sector with low mutual trust. Soldo provides a simple, insightful, and user-friendly payment solution to drivers.

2 months ago
Freight driver - transportation
Transport companies: control all expenses easily with one smart card

Prevent drivers from having to pay for fuel in cash or out of pocket. Make expenses easier for everyone with smart payment cards for fuel and other costs such as overnight stays, repairs and parking. Get real-time insight into what is being spent and where, set up smart budgets and card limits, and automate bookkeeping – all in one platform. No more expense paperwork, and more time to do valuable work.

2 months ago
New plans
Everything you need to know about our new plans

We’ve launched new and improved plans! Find out how they unlock end-to-end company spend and expense management, plus how to move over today.

3 months ago
Alwyn’s Playbook: Leading within the crypto-finance sector

“Every day is different. Every day could be a curious mix between wild elation of what’s been achieved and being punched in the face, sometimes in the space of an hour

3 months ago
Trendy startup company meeting to talk about tech
Why your agency needs virtual cards to track online ads 

Buying digital media on behalf of your clients creates a huge amount of admin and budgeting issues. A proper spend management solution can change this. 

3 months ago
Company spending
Three ways to control company spending and start saving money right now

The cost of living crisis is out of your hands but you can control company spending. Here’s how to cut spend, budget better and manage expenses.

3 months ago
How to do a spend analysis in three easy steps

Don’t worry if you haven’t done a spend analysis before – it’s never too late to build a new healthy habit into your company spending strategy.

3 months ago
CFO leading a meeting
What makes a great CFO? 5 take-aways from The CFO Podcast

There’s no one right way to become a CFO. But while there are several different career pathways you can take, those who excel at the job all share similar qualities and skills. 

3 months ago
Woman working in an office
How to simplify subscription management (part one)

The last few years have seen an explosion in business spend on subscriptions, predominantly on SaaS software. Companies are using cloud-based software tools for a growing number of business applications.

3 months ago
CFO using Soldo
How to simplify subscription management (part two)

As explored in the first part of this series, B2B subscription commerce is becoming increasingly popular. This is due to the rise of digitally enabled businesses and the use of associated tools, enabling them to securely scale up their operations across a range of different business functions.

3 months ago
woman on laptop
Introducing our new expense management features, that help you manage all your business spending in one place

Open graph description: Manage and track out-of-pocket expenses, set up policy limits, split single transactions, and download reimbursement reports to save even more time.

4 months ago
Manish’s Playbook: Breaking glass and building business

A great CFO knows how to lead with inclusivity, without causing turmoil internally, but also knows what’s best for the future of the company.

5 months ago
Two office employees working on computers
What is spend management? – A primer (part two)

In the first part of this post, we explored what spend management is, how to roll out a robust expense policy, and common spend pain points.In part two we look at how leading spend management tools can eliminate many of these issues, streamline processes and be an engine for business growth.

6 months ago
Teachers - value for money
Why getting value for money is key for the education sector as prices continue to rise

As prices rise, it’s key that organisations utilise automation to make the most of the funds they have and identify new savings.

6 months ago
Mark’s Playbook: Becoming a CFO in the modern world

The role of the CFO has greatly expanded from the stereotypical view of the accountant to being, in essence, a mini-CEO

6 months ago
Two office employees working on computers
What is spend management? – A primer (part one)

Spend management relates to processes implemented by businesses to control and manage their spending.

This covers the procurement of all products and services related to running a company, including pretty much everything other than payroll and taxes.

6 months ago
Chitra’s Playbook: Be agile and attune to the changing landscape

As the current CFO, and one of two C-suite females, at fast-growth unicorn CircleCI, she’s led the company through major wins to establish itself as a leader in its space.

6 months ago
Managing ad-hoc spending requests across your company

Introducing temporary virtual cards, the new Soldo tool for managing short-term expense requests.

6 months ago

Frequently asked questions

Are there limits or other fees?

You can discover all Soldo fees here and standard limits here.

Does Soldo suit big or small businesses better?

We designed Soldo with infinite scale in mind and it works brilliantly for clients of all shapes and sizes, from one-man bands to large corporates.

Can I use Soldo card without the mobile app?

Yes you can, but you’ll not be getting the full advantages of Soldo! Both plastic and virtual cards can be used without the Soldo mobile app. The mobile app’s unique features include:​

  • The ability to upload your receipts as soon as you complete the purchase​
  • The possibility to track expenses in real time ​

We recommend that you download the mobile app in order to get the full Soldo experience along with the real-time notifications on App Store for iOS and Google Play Store for Android.​

Are there limits on card purchases and cash machine withdrawals?

Yes, but only as an extra measure to safeguard your funds. We tailor these limits to your own unique profile, to make sure they never prevent your team from buying what they need. You can see our baseline limits for each card below:

Maximum value for one purchase

  • Per transaction: £10,000
  • Per day: £20,000
  • Per calendar month: £75,000

Maximum no. of purchases

  • Per transaction: N/A
  • Per day: 100
  • Per calendar month: 3,000

Maximum cash machine withdrawal

  • Per transaction: £200
  • Per day: £1,500
  • Per calendar month: £5,000

Maximum no. of cash machine withdrawals

  • Per transaction: N/A
  • Per day: 8
  • Per calendar month: 25

Get started with Soldo

Everything you need for effortless spend management