Transportation

Manage transportation costs by streamlining freight payments

For transport companies, managing expenses when employees are out on the road can be a challenge. Pre-paid fuel cards allow freight drivers to pay for petrol but they can’t be used for other expenses like overnight stays or repairs. Credit cards are an alternative but they don’t allow finance teams to control exactly what is spent.

Traditional expense management methods can’t give the flexibility and control drivers and finance teams need. They also create admin. A smarter solution can be found in Soldo’s smart payment cards and spend management platform.

Hero- Transportation

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Smart payment cards for fuel and more

Unlike pre-paid fuel cards, Soldo cards give freight workers more flexibility to cover fuel costs and other expenses. That means they can pay for overnight stays, repairs on the road, and parking costs without having to pay out of pocket and sort reimbursements later. Soldo cards work at any location that accepts Mastercard, so they’re an ideal solution for international businesses.

Real-time insight into costs

When businesses rely on employees paying out of pocket or using credit cards, they often have to deal with surprise expenses at month-end. With Soldo, finance teams receive notifications as soon as transactions are made so they can keep an eye on costs vs budgets. So, payments can be seen at a glance, savings can be identified in real-time, and overpayments can be avoided.

Spending limits- transportation

Flexible spending limits

Soldo allows managers to take control of the amount employees spend on the job – whether that’s fuel or other purchases. It’s easy to set geographical restrictions, set limits for specific spend or merchant categories, and limit the total amount employees can spend. Change spending limits for emergencies or set auto top-ups so your team is never without funds. There’s no need to review and approve individual purchases in advance or carry cash in transit.

Spend Management Dashboard

Avoid errors & false expense claims

Soldo gives you full control over spending, helping you to reduce human errors, missed charges, and false expense claims. With a user expense app and web console, you get complete visibility over every expense as it happens while also empowering employees to spend responsibly. Cut expense paperwork for everyone, without losing sight and control of spending.

Company and employee cards

  • Assign physical or virtual Mastercard® cards to individuals or teams
  • Give access to shared or dedicated funds
  • Customise budgets and rules to control costs
Learn More

Employee expenses app

  • Replace paper forms and paying out of pocket
  • Manage spend and request purchases on the go
  • Capture receipts, VAT and spend information in minutes
Learn More

Management dashboard

  • See all your spending, expenses, and approvals in real time
  • Approve payments, set budgets, and create spend controls
  • Sync Soldo with accounting software including Xero, QuickBooks, Sage, and NetSuite

1.  Company and employee cards

  • Assign physical or virtual Mastercard® cards to individuals or teams
  • Give access to shared or dedicated funds
  • Customise budgets and rules to control costs
Learn More

2.  Employee expenses app

  • Replace paper forms and paying out of pocket
  • Manage spend and request purchases on the go
  • Capture receipts, VAT and spend information in minutes
Learn More

3.  Management dashboard

  • See all your spending, expenses, and approvals in real time
  • Approve payments, set budgets, and create spend controls
  • Sync Soldo with accounting software including Xero, QuickBooks, Sage, and NetSuite

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