Soldo Blog

Insights on spend and expense management

Insights on spend and expense management

Monthly insights and resources, straight to your inbox
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Three lessons for Social Care CFOs from Eden Future’s Andy Dean  

We talk to Andy Dean, CFO of Eden Futures, about cost pressures, the political aspect of being a Social Care CFO, how to help carers, and more.

2 months ago
Robin Dunbar: Five things companies can learn from evolutionary psychology

Humans are complex and blessed with big brains – but we remain animals. And according to Robin Dunbar, a leading evolutionary psychologist, it’s essential to consider our primal nature when running or building teams.

2 months ago
How to start benchmarking: A simple guide

In the first part of this mini-series on benchmarking, we look at why you should be doing it. Now, let’s look at some some practical steps on getting started.

2 months ago
Mastercard’s ‘Get Britain Growing’ campaign: Soldo’s perspective  

When Mastercard approached Soldo to take part in its ‘Get Britain Growing’ campaign, our thinking immediately jumped to productivity. 

3 months ago
Social Care providers waste almost six figures on a broken expense model. Here’s how to fix it. 

Social Care providers need to focus heavily on cost efficiencies. Let’s look at one prime example of inefficiency that you could eliminate pretty much overnight.

3 months ago
Why benchmarking matters – and how you can do it

The continued unpredictable economic outlook means that benchmarking should be a priority in 2023 and beyond.

3 months ago
If admin is social care’s foe, innovation is its efficient friend 

Admin in Social Care is out of control. So how to fix this problem? Well, Social Care already has an answer. Just look at the number of user-facing innovations already in use.

3 months ago
The secret to improved productivity, lower costs, and happier staff in Social Care

Improved productivity, lower costs, and happier staff. As far as business ambitions go, it’s fair to say that these are pretty good ones. So how can social care providers go about achieving them?

3 months ago
The four big expense challenges for social care providers (and how to overcome them) 

Inefficiency is holding social care firms back. And a key pillar in providing more efficient care is expense management.

4 months ago
Accountex 2023: Ice cream, demos and putting an end to complexity

We left Accountex 2023 feeling excited and re-energised. And it got us reflecting on the event itself. Here are three things that stood out for us.

4 months ago
How expense management platforms help you stay on budget

The onus is on finance teams to deliver growth, while staying within the company’s means. An expense management platform helps strike this balance. 

5 months ago
FInance person presenting about KPIs
What KPIs should you use in 2023?

The uncertain economy means moving away from growth at all costs KPIs, such as recurring revenues, and focusing on sustainability measures. Here are the KPIs you need in 2023.

5 months ago
Business leader meeting with investor to raise investment
To raise investment in 2023, focus on spend control

If you want to raise investment, focus on spend control. It extends your runway, manages growth and builds trust with investors.

5 months ago
We’re now integrated with SAP Concur

Combine Soldo Company Cards with your SAP Concur solution for easy, controlled employee spending and automated, accurate reporting.

5 months ago
Photo of employees working
How expense management platforms free up finance teams for higher-value activities

Controlling company spend eats into your finance team’s time. But an expense management platform will change this. You can eliminate finance bottlenecks and helps employees stay compliant.

6 months ago
Kevin’s Playbook: From pre-revenue startup to stable profit

We talk to Kevin Benmoussa, CFO of Aleph Farms We discuss transitioning from corporate settings to a pre-revenue startup, the importance of profitability and forecasting in growing companies, and the boom in cultivated meat.

6 months ago
Finance team considering debt products
New and emerging debt products for CFOs

In a previous post, we assessed why the possibility of down investment rounds mean debt funding is now a more appealing option. We also analysed how to maximise your chances of accessing debt facilities.

6 months ago
CFO considering debt finance options.
How to maximise your chances of getting debt finance

Rising interest rates means debt finance is more expensive than at any time since 2009. However, don’t write off debt finance too quickly.

6 months ago

Frequently asked questions

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
Are there limits or other fees?

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

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