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Finance teams spend hundreds of hours yearly on manual reconciliations, outdated systems, and slow processes. These inefficiencies make it harder to compete and act on opportunities.
71% of finance teams say financial processes prevent them from helping employees pursue new business opportunities. Find out how much inefficient workflows and outdated systems are costing your business.
Soldo helped Brooks move away from an outdated, paper-based system that lacked control and forced employees to make out-of-pocket payments. Learn how Soldo helped Brooks Running spend smarter.
This tool calculates the time spent on spend management and how many hours you could save with Soldo. It also estimates the financial cost (£) of inefficiency and your potential productivity gain in a year.
| Annual Hours on Spend Management | Annual Hours with Soldo | Inefficiency Cost (Yearly) | Productivity Gain | |
|---|---|---|---|---|
| Finance Manager: Claims Management & Reporting | – | – | – | – |
| Employees: Expense Management | – | – | – | – |
| Operations: Managing Cash | – | – | – | – |
| Yearly Productivity Totals | – | – | – | – |
How can finance leaders drive productivity when rising inflation, interest rates, and shifting labour markets force them to operate in a competitive environment? Manual processes, limited visibility and restrictive controls create barriers that drain resources and limit growth.
How can you increase your finance team’s productivity as their hours become more valuable?
How does inefficiency affect your business?
What’s the total financial and business impact of Soldo?
Finance teams are expected to do more with less. Yet many businesses still rely on slow, outdated processes that waste time and increase costs. Without real-time visibility and automation, businesses risk slow decision-making, poor cost control and cumbersome admin.
With Soldo, you can improve efficiency and increase flexibility – even in challenging economic conditions.
Want an introduction to spend management?
Want to calculate Soldo’s ROI for your business?
Want to learn more about
Soldo’s impact?
Soldo’s smart spend management tools are designed to help businesses like yours take control of their finances,
reduce administrative burdens, and make every pound count.
Here’s how we can support you:
With Soldo, you’ll be equipped with the tools and insights to adapt to economic challenges and safeguard your business’s financial health. Let’s tackle this together.