Ecosystem Indirect procurement
Control indirect procurement spend
Soldo gives you complete visibility and control over the expenses that keep your business running. Costs won’t slip through the cracks, and finance stays in control.
Soldo gives you complete visibility and control over the expenses that keep your business running. Costs won’t slip through the cracks, and finance stays in control.
Indirect procurement is often a decision by committee. It involves different teams and departments, often without centralised oversight. That lack of visibility can cause costs to spiral and budgets to go off track. Soldo centralises spend, giving you full visibility and control – without slowing your teams down.
Manually enforcing expense policies is time-consuming. Soldo’s spend management platform automates approval workflows and makes out-of-policy spending impossible.
When overspending is only evident at month-end, it’s too late to intervene. Soldo company cards gives you real-time visibility, so you can make changes while it still counts.
Reporting can be a time drain. Soldo’s spend management platform automates reconciliation by auto-tagging transactions and generating detailed, insight-driven reports.
“From a corporate office perspective, the increase in visibility and efficiency has been one of the best parts – it reduced the number and length of time required per transaction and access to real-time data means we know what is being spent and where.”
Take control of store-level and operational expenses while giving your teams
the tools to stay efficient and adaptable.
To monitor purchases in real-time, automate reporting, and reduce manual admin for your finance team.
To distribute funds responsibly while maintaining full control over every transaction with custom spending rules.
To enable teams to capture receipts, track expenses, and request company funds instantly, from wherever they are.
To connect Soldo with leading accounting, ERP, travel and HR software as well as company systems.
Taking proactive control of your spend management process means stopping waste before it happens, empowering teams with the right tools, and giving finance total visibility from start to finish.
Manually enforcing spending policies can lead to errors and out-of-policy purchases. Soldo helps you automate approval workflows and set customisable limits that keep spending in check.
Your people need company funds to get their jobs done. Soldo gives them access to the money they need, when they need it – while giving you the controls to keep spending compliant.
Chasing paper receipts hurts your finance team’s ability to make a strategic impact. Soldo automatically captures and categorises every transaction so you can spot spending patterns.
Explore our frequently asked questions about indirect procurment to enhance your understanding.
Explore our frequently asked questions about indirect procurment to enhance your understanding.
Indirect procurement refers to the purchase of goods and services that keep a business running but do not directly contribute to the production of goods or services. This includes things like office supplies, software, travel, and marketing services.
While often smaller in value, indirect spend is frequent and can add up fast. Without control, it can lead to overspend, missed budgets, and financial blind spots. Soldo helps you stay ahead by making every purchase visible and accountable.
Soldo enables businesses to manage every stage of the purchase process – from request and approval through to payment and reconciliation. By centralising workflows and setting pre-spend rules, you stay in control without slowing your teams down.
With Soldo, you can create policy-based spending rules and approval workflows. Every transaction is logged and audited, so you can ensure purchases align with company guidelines.
Yes. Soldo integrates with popular accounting and ERP software including Xero, NetSuite and SAP Concur. Export transaction data with ease or create custom templates tailored to your business systems.
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