Organisations need to spend on subscriptions, online advertising, office supplies and more every day to stay in business. But banks were never built for business spending. So, managing company spend is challenging, creates unnecessary paperwork, and increases risk.
Thankfully, Soldo’s automated system offers a flexible alternative, that gives you everything you need to manage business spending in a smarter way.
Before automation, businesses were forced to manage spend with petty cash, reimbursements, and credit cards – all of which cause problems. Petty cash increases the risk of theft and doesn’t allow finance teams to see exactly what money is being used for. Asking employees to cover essential business costs with their own cards and then reimbursing them affects morale, creates hours of admin, and slows everyone down. Credit cards are often shared between team members, which makes it difficult to know exactly who has spent what. What’s more, the rigid spend controls make it difficult for finance teams to limit spending, so unexpected purchases and budget shortfalls are always a possibility.
Forget the pain of manual processes. Approve, manage, and organise your spend with Soldo. Then sync everything with your accounting software.
Soldo allows you to manage your company spending, so you can identify duplicate payments and unnecessary purchases.
Set your Soldo account up to match how you spend.
Soldo’s smart cards, employee app, web console, and accounting integrations offer complete control, full visibility, and real-time insights.
Issue physical or virtual cards to individuals or teams who spend regularly purchase. Set rules and limits and keep control of spending.
Learn moreCreate temporary virtual cards in seconds to cover ad-hoc office purchases or virtual cards for subscriptions or online ads.
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Set advanced spend rules and limits for each individual, team, or group. Get the flexibility you can’t get with rigid corporate credit cards.
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Customise your Soldo account structure with different wallets for individuals, teams, and projects. This means you can ring-fence funds, so everyone always has the money they need.
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Avoid delays by delegating approvals to team managers and admins. Make sure notifications get to the right people at the right time.
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With our Expense Management feature, you can revise, validate, and report out-of-pocket expenses – not just those made with a Soldo card. Set up a spending policies profile to identify and manage expenses that fall outside of your spending policy and get complete visibility.
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Forget saving receipts. Our app allows users to snap pictures of receipts, and enter VAT and spend data, so finance teams always have the information they need.
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Stream everything to Xero, QuickBooks, NetSuite, or Sage, in a couple of clicks. On another platform? Simply export data via CSV.
Learn MoreJoin 30,000+ businesses who’ve already made the switch.