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Give employees autonomy over L&D funding, while maintaining control for managers, HR & finance.
Provide financial rewards, such as seasonal gifts or team dinners to celebrate employees’ hard work.
Everything you need to know about blurred lines
A spend management platform helps HR teams control, track, and automate employee-related expenses such as travel, training, and benefits. It centralises spending data, simplifies reimbursements, and ensures compliance with company policies.
By issuing company expense cards through a spend management platform like Soldo, HR teams can give employees access to approved funds upfront. No need for personal payments and lengthy reimbursement processes.
Spend visibility gives HR and finance teams real-time insight into where company money is going, helping them manage budgets effectively. It also enables better forecasting, fraud prevention, and compliance monitoring.
HR can set spending rules, limits, and approval workflows within one platform that automatically enforces company policies. All expenses become aligned with HR and finance guidelines.
Automation removes tedious tasks like manual expense reports and reimbursements. Employees become free to focus on higher-value, strategic work which boosts job satisfaction and offers a better overall employee experience.
Soldo can sync employee data and cost centres from HRIS tools like Workday or BambooHR to ensure accurate expense allocation, streamline onboarding, and keeps financial records consistent.
By using Soldo’s automated workflows, HR teams can issue cards, track spend in real time, and reconcile expenses automatically. Receipts and data sync directly with accounting and HR systems, removing manual work.
Soldo automates expense capture, categorisation, and reporting, cutting out manual data entry and paper-based processes. Instead of handling manual onboarding steps or coordinating with finance over expense issues, HR teams can focus on strategic initiatives like employee engagement, retention, and workforce planning.
With Soldo, HR can issue virtual or physical cards to new hires instantly, preloaded with funds for training, travel, or equipment. Employees have what they need from day one, without having to wait for reimbursements.
Soldo empowers employees with easy access to company funds while ensuring every transaction follows set policies.