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

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

2 weeks 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. 

4 weeks 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.

1 month 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.

2 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.

2 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.

2 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.

2 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.

2 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.

2 months ago
Finance team discusses business process outsourcing
How to use outsourcing to cut costs and be more agile

Using outsourcing to fulfil bookkeeping and compliance requirements can be an effective way of overcoming this dilemma. Working with a third party, whether locally or with an offshore provider, allows you to flex resources when needed.

3 months ago
Budget 2023 was announced in parliament.
Budget 2023: Jeremy Hunt makes case for cautious optimism

The Chancellor made major announcements in Budget 2023. With tax breaks for business, childcare expansion and a brighter economic outlook.

3 months ago
Employee paying for fuel with out of pocket expenses.
Are out-of-pocket expenses fair during a cost of living crisis?

72% of employees say out-of-pocket expenses have negatively impacted their personal finances. 61% report feeling anxious about them.

3 months ago
Justin’s Playbook: Finding the mix between efficient and effective

This episode of the CFO Playbook features an interview with Justin Lackey, CFO at Asset Panda, an asset tracking and management SaaS platform.

3 months ago
Webinar: Get employee expenses right – They matter more than ever
3 months ago
A business leader reducing business costs.
Reducing business costs: How to cut without ruining morale 

These are tough economic times. Cuts are a fact of life. Spending needs to be reined in, costs cut. And, perhaps most unfortunately, workers may lose their jobs. It’s easy for these cuts and changes to be adversarial. But that needn’t be inevitable.

3 months ago
Rebecca’s Playbook: Building financial runway with crowdfunding

This episode of the CFO Playbook features an interview with Rebecca Kacaba, CEO and Co-Founder of Dealmaker, the leading platform for large scale equity crowdfunding.

3 months ago
Photo of a central business district, where sustainable investing often occurs.
ESG: a game-changer for sustainable investing or greenwashing?

Is ESG actually an effective way to evaluate organisations’ impact on the planet? Or is the term close to becoming — if not already — a meaningless buzzword?

3 months ago
Electric vehicle tax benefits are significant.
How EVs are taxed: what you need to know if you’re thinking of switching

With fuel costs soaring and mounting pressure to become more sustainable, switching to EVs is looking increasingly appealing to a growing number of businesses. Especially with substantial electric vehicle tax benefits.

3 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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