Lady at a food bank

Helping local government support vulnerable residents

Soldo has been named as a Crown Commercial Services (CCS) supplier for the pre-paid cards framework, Lot 2. That means entities such as local authorities can now use Soldo to distribute funds to individuals more easily while getting more visibility and control over purchases.

Distributing extra funds when they are needed most

As the cost-of-living crisis worsens, more and more people are struggling financially. Local authorities, agencies, and organisations across the UK have been given access to emergency funds that can help vulnerable residents cover essential costs like food, energy bills, and water bills. As well as help those that are joining or integrating back into society.

Personal spending receipts
Personal spending receipts
Create new user screenshot - local authority

Helping agencies and authorities manage funds

Many authorities use bank transfers or food vouchers to get funds to vulnerable residents. However, this doesn’t allow them to get them out quickly, manage funds or keep funds aside, specify how funds are used, or create reports on where funds are going. With Soldo, they can.

Our pre-paid Mastercards® cards offer residents secure, instant access to funds, whilst streamlining accounting processes for the authorities distributing them. Cards can also be reloaded, have set limits and auto-top ups.

Create new user screenshot - local authority

Distribute funds and limit purchases efficiently

At Soldo we have worked to build a product that specifically supports agencies, authorities, and government organisations to distribute social care benefits, funds to cover things like food and heating bills, and more.

Cards can be issued to residents and used like a debit card in shops or online. Cards can be distributed and topped up quickly, ensuring essential emergency funds get where they need to go – fast. Cards can also be limited by merchant category code, spend type, and geographical location so they can only be used at appropriate outlets.

Moving funds - local authority
Moving funds - local authority
Reporting - local authorities

Track and report spend easily

As every purchase is automatically recorded, it’s easy to create reports that show exactly where funds are being spent. And Soldo’s unique software allows local governments to manage funds in different wallets, so they can set money aside for different individuals, projects, or organisations.

Any un-used funds are also able to be recovered and reassigned to different projects, programs or individuals.

Reporting - local authorities

Get in touch with Soldo today

Get more visibility and control over where funds are spent, while residents and employees get a quick and easy method of payment.

EXPLORE SOLDO

What’s included with Soldo

Citizen cards

  • Assign physical or virtual Mastercard® cards to residents
  • Give access to dedicated funds
  • Customise budgets and rules to control costs
Learn more

Management dashboard

  • See all spending and expenses, across citizens and teams in real time
  • Set budgets, and create spend controls
  • Sync Soldo with accounting software including Xero, QuickBooks and Sage

Mobile expense app

  • A citizen can use the app to see their balance and spend
  • Visibility of card details
  • Admins from local government entities can manage spend on the go
Learn more
EXPLORE SOLDO

What’s included with Soldo

1.  Citizen cards

  • Assign physical or virtual Mastercard® cards to residents
  • Give access to dedicated funds
  • Customise budgets and rules to control costs
Learn more

2.  Management dashboard

  • See all spending and expenses, across citizens and teams in real time
  • Set budgets, and create spend controls
  • Sync Soldo with accounting software including Xero, QuickBooks and Sage

3.  Mobile expense app

  • A citizen can use the app to see their balance and spend
  • Visibility of card details
  • Admins from local government entities can manage spend on the go
Learn more

Talk to us today

Soldo dashboard

About Crown Commercial Services

Crown Commercial Service supports the public sector to achieve maximum commercial value when procuring common goods and services.

In 2021/22, CCS helped the public sector to achieve commercial benefits equal to £2.8 billion – supporting world-class public services that offer best value for taxpayers.