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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Example of a large construction project affected by IR35 reform.
IR35: How construction firms can take back control 

IR35 reform was a rare bright spot in Kwasi Kwarteng’s disastrous mini-Budget. But now, the u-turn has been u-turned. What’s going on?

21 hours ago
Finance leader reviewing VAT return.
Cheat sheet: Best practice for reviewing and submitting VAT returns

As a finance leader, you’re unlikely to be preparing VAT returns from scratch for your businesses. Indeed, you may not have had the experience of doing so yourself. Follow our tips below for checks and balances to keep you on the right side of HMRC. 

2 days ago
Six essential business software integrations

With the right business software integrations, you’re perfectly placed to streamline your processes, turbocharge operations and scale at pace.

2 days ago
Lady at a food bank
The ongoing cost-of-living crisis

With individuals and communities being effected by the cost-of-living, we are looking at how businesses can help tackle the crisis

6 days ago
Construction worker working onsite
How construction companies can end the expenses nightmare

Your workers make vital purchases every day. But construction expenses management remains mired in old, bureaucratic ways of working.

1 week ago
Exact Online integration: Streamline your accounting 

Export spend data such as receipts, categories, and notes from Soldo into Exact Online in a click.

1 week ago
CFO planning for 2023 business trends with his team.
What does 2023 hold? The key trends CFOs must watch out for in the coming year

From rising costs to continued economic uncertainty, 2023 has the makings of a turbulent year for businesses. But while the next 12 months will undoubtedly be challenging, there are also exciting opportunities ahead. In this post, we’ll look at the key 2023 business trends that should be at the top of every CFO’s mind. And while […]

2 weeks ago
Business software
Business software: five benefits companies can’t afford to miss out on

By investing in the right business software, you’ll stay competitive and productive – while saving time, effort and money. Here’s how.

2 weeks ago
Burn rate
Three tools to help scale-ups manage burn rate

For high-growth companies, knowing how to manage burn rate is essential. Here are three digital tools to help extend your cash runway as you scale.

2 weeks ago
Key dates for 2023 being planned out
Key dates for accountants in business –  2023

Planning is critical. Missing deadlines and paying incorrect values can result in the business receiving fines and needing to undertake time-consuming admin

3 weeks ago
Team discussing finance automation
The automation checklist for 2023

Cloud vendors have several automation features you may not be aware of, such as fixed asset register maintenance and the option to post recurring journals.

3 weeks ago
Fintech Soldo to support UK government via its platform and pre-paid card capability

Supporting local government entities to ring-fence funds to support citizens affected by the cost of living crisis.

4 weeks ago
Business leaders discussing how to make employees redundant
How to compliantly and legally make employees redundant

The UK benefits from strong employee rights. As the employer, there are several steps you must follow to compliantly make employees redundant. Failing to do so can result in costly legal fees, payouts and reputational damage.

Follow our guide below to make sure you follow procedures by the book.

4 weeks ago
CFO presenting to his team
How to become a CFO: 5 unusual ways to the top of the finance ladder
2 months ago
Soldo are award winners
Soldo wins Fintech of the Future at the Banking Tech Awards
2 months ago
Christmas shopping
Five business lessons you can learn from your Christmas shopping

There are plenty of business lessons to learn from a good Christmas shopping experience. We’ve wrapped up five of them as our gift to you.

2 months ago
An office team that may be subject to layoffs
How to handle layoffs with empathy

While the compliance process for how to do this can be followed through sequential steps (and will be covered in a companion piece to this post), you’ll also need to deal with soon-to-be departing employees empathetically.

2 months ago
Employment Allowance
Employment Allowance: everything you need to know

Your handy cheat sheet for what Employment Allowance is, who’s eligible and how to claim plus where to find more detailed information.

2 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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Everything you need for effortless spend management