From facilities managers buying cleaning supplies and IT purchasing software, to reimbursement claims from international conference travel, school trips, spending can quickly add up.
See your spending in one place
Managing and tracking spending across departments is tough. You’ll certainly know the pain of staff reimbursements, corporate credit cards and petty cash. There is a huge cost to this lack of transparency:
Overspending
Departments can run over budget because of lack of visibility, so you have to pick up the pieces (and the tab…) with short-notice budget reallocations.
Inefficient accounting practices
Accountants chase their tails – and get nowhere – when trying to track the flow of money in and out of departments.
Crushing admin
Reconciling predicted spending with actual spending takes days out of every month, tying up your team with time-consuming, manual work.
“Our old system of corporate credit cards was so time-consuming for staff that it meant we had to wait a long time for spending information. With Soldo we get data much quicker. Every time they spend people just submit it with the app, using our pre-set codes. Their job is done and dusted, so we can get on with ours.”
