All-in-one expense management software and company cards

The best software for expenses enables you to  oversee every business expense in one place. With Soldo expense management software you can manage out-of-pocket expenses, split payments into multiple transactions, highlight and report on out-of-policy transactions, and create reimbursement reports.

Here are three key questions you should ask in order to choose expense management software:

1. Is the expense management software you’re looking at suited to the size of your business and the scale of your needs? Soldo is trusted by thousands of businesses across the UK and Europe from start-ups to enterprises. We have a range of plans to suit our customers’ varied needs from cost-effective options designed for growing businesses to comprehensive plans best suited to medium and larger organisations that need customisation, flexibility and dedicated support.
2. Is the expense management software safe and secure? Soldo is authorised and regulated by the Financial Conduct Authority (FCA) and accredited as a Level 1 Service Provider by the PCI Council, complying with the highest data security standards. Our connected expense cards are powered by Mastercard® and can be frozen or cancelled instantly from anywhere.
3. What do other businesses like yours think about the expense management software you’re considering? Soldo is rated as G2 Leader with an official 4.5/5 score. Over 1,000 businesses have rated us ‘Excellent’ on Trustpilot and we score 4.7/5 on Capterra.

Expense management software is important because it saves businesses time and money by automating the many processes involved in tracking and managing expenses. This makes them much easier for finance teams so they can work faster and more efficiently with less manual admin and a reduced risk of human error.  because Soldo comes with connected expense cards, employees don’t have to use their own money for business purchases which means a happy, more productive team. With real-time visibility and control over every expense, businesses can get a handle on overspending, identify areas where costs can be reduced and address other areas where money is lost such as missed VAT claims or duplicate online subscriptions.

Here are 3 good ways to keep track of your expenses:

1. Use business expense cards. This is a much easier way of keeping track of your expenses than relying on employees to spend their own money and then having to reimburse out-of-pocket-expenses. Soldo expense cards are powered by Mastercard® and come with custom limits, low balance alerts and automatic top ups. Employees have the freedom to make business purchases without using their own money, while companies maintain visibility and control over spending.
2. Don’t let receipts pile up or get lost. It’s hard to keep track of your expenses if you’re relying on a drawer full of paper receipts that are easily lost and tedious to reconcile at the end of the month. With the Soldo mobile app, you can simply snap a photo of the receipt at the point of purchase, categorise the expense in seconds and add any relevant notes.
3. Use expense management software. The best way to keep track of your expenses is to use a flexible platform with integrated expense cards that does it all for you; from payments through to reconciliation. Instead of switching between manual spreadsheets and other outdated systems, Soldo lets you track and manage every business expense, in one place and in real-time. Because it connects with your accounting software, there’s no manual bookkeeping admin or annoying expense and receipt reconciliation.