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Subscriptions and digital ads don’t fit standard procurement processes – making them hard to control. They change depending on usage, seat counts, and added features or by channel, campaign, or even time of year. These costs can quickly get out of hand and lead to accidental overspending.
With Soldo, finance leaders can effortlessly create any number of virtual cards tailored to specific vendors, projects, or campaigns. This flexibility makes precise budget management easy. You’re always aware of where expenses go. No more unused subscriptions or ad budget overruns. Real-time insights help you prevent unexpected charges and keep spending on track.
Keeping track of subscriptions and ad campaigns can be time-consuming. Creating a virtual Soldo card to each channel, vendor or projects helps you keep track of spending and avoid spending out of budget.
Seeing spend data after the fact leaves you vulnerable to budget overruns and missed opportunities. It’s too late to catch overspending or reallocate funds. Soldo’s platform allows you to act quickly and stay in control.
Monthly reporting is a time drain, but you can automate the process by pre-programming expenses to match your cost centres and budget lines. Then data syncs with your accounting system, so you can close the books faster, every month.
Brooks Running’s marketing team uses Soldo’s virtual cards to pay for software subscriptions, like Adobe and Shutterstock.
Using Soldo has allowed the team to stay organised and see where every marketing penny goes, so they can invest confidently in what works.
“There’s a lot less chasing for the finance team. Basically, all we do now is check for non-compliant spend or out-of-policy spend.”
See Soldo in action. Talk us through the complexities in your expense management process and we’ll show you how Soldo can help.