Business travel is a necessary part of doing business. Client meetings, presentations, events, and conferences are all important tools for growing your business. These essential functions each come with their own expenses you need to manage.
Take control of your business travel expenses
Soldo helps you stay on top of managing travel expenses with prepaid travel cards that make sure employees never end up out of pocket. While the admin console lets you instantly manage how much staff can spend on business trips.
Set spending limits
Keep travel expenses under control with flexible spending limits that you can set by category
Export Soldo data and import into accounting systems like Xero and Quickbooks, saving valuable time.
Transfer extra funds to members of your team – no matter where they are – in seconds and for free.
Travel expense cards that work for everyone
In the past, company credit cards were the solution. However, sharing one card was often a real pain. Expense cards were often only given to senior management. The cards could be misplaced, and if more than one employee was travelling at the same time, having a company credit card for travel expenses was hardly convenient.
Even with employee expense policies in place, in many cases, employees paid out of pocket for expenses like meals, hotel stays, flights, taxis, and client entertainment expenses — expenses tracked using receipts that are too easy to lose.
Under the old system, employees spent hours or days away from their regular work, reviewing hundreds of receipts and expense forms, tediously tracking each merchant and expense total. This took a lot of time, both for the employee and members of the finance team charged with the extra admin work.
Soldo is your ticket to smarter travel spending
Soldo simplifies all of this. With Soldo’s prepaid company cards, any employee can quickly and easily pay for travel expenses using company money, avoiding out-of-pocket spending altogether.
Soldo smart company cards put you in control of employee spending. Each card comes with a built-in budget and easy to manage transaction limits.
You can set these in your central online dashboard before any spending can take place. If employees need more wiggle room, you can load additional funds to the card using Soldo’s web console in just a few clicks.
With Soldo, you retain full control and oversight on travel spending, avoiding any unnecessary costs or headaches for travelling staff. Now, instead of worrying about spending, employees can focus on what really matters — helping your business grow.
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Automated expense tracking
Soldo makes it easy to claim and track travel expenses. When travelling for work, employees can instantly capture receipts with the Soldo mobile app, instead of saving paper receipts and completing expense forms.
We help employers see company-wide spending in real time, all in one place, using the Soldo web console. Both employers and their staff enjoy full peace of mind, knowing that a misplaced receipt or invoice won’t disrupt proper expense management.
Customisable spending limits
Soldo gives you more control over company travel expenses with customisable:
- Spending limits for each time period
- Maximum value of allowed purchases
- Dates for card use
- Categories of goods and services for which the card can be used
With automated expense tracking that lets you see purchases instantly, Soldo helps keep your employees accountable to their travel spending, no matter where they are.
Prepaid cards for global business spending
Travelling employees no longer have to worry about incurring foreign exchange fees on their personal credit cards. Soldo’s prepaid cards are issued by Mastercard and can be used anywhere that accepts credit cards.
Travelling abroad? Soldo’s low fee FX business cards have a fixed 1% foreign exchange fee (pro and premium plans) helps keep your travel costs low.
Employees can use prepaid cards for in-person travel expenses, like client meals, or online purchases, like flights and hotel bookings. Prepaid cards can also be used for ATM withdrawals.
And with Soldo’s admin console, additional funds are just a few clicks away. You can add money onto cards instantly from anywhere in the world from your online dashboard.
How prepaid travel cards work
For businesses who employ multiple staff who regularly take business trips, Soldo is an ideal solution.
Unlike other prepaid business card providers, Soldo lets you issue separate cards with their own unique numbers. Each travel transaction runs through Soldo and appears in your central admin console so you can see what’s being spent — instantly.
Soldo’s admin console provides a summary of each employee’s card, as well as their transaction history and spending limits, allowing you to update their budgets as needed.
Prepaid cards also work for online transactions, perfect for booking flights and hotel stays.
I love Soldo’s flexibility – it’s so easy to maintain and everything is in real time.
What is the best prepaid travel card?
There are a variety of prepaid travel card options out there. Though all prepaid cards have the same basic functionality, Soldo is one of the few that can manage your business’s data by integrating with popular accounting software. Soldo can export and import transaction data to Quickbooks and other accounting apps. Soldo’s payment console can also integrate with Xero and SAP Concur’s automatic bank feeds and accounting APIs.
Soldo’s easy-to-use features can easily save you, and your finance team, valuable time and resources — so you can focus less on admin and more on the important stuff.
How do I get a prepaid travel card?
You can apply online in just a few minutes for a Soldo prepaid travel card. Unlike typical business credit cards, which require individual employees to undergo credit checks that can affect their credit history and credit ratings, Soldo prepaid business travel cards do not require credit checks. Soldo can be used by businesses of any size. Soldo’s flexible pricing plans allow you to choose a structure that best suits your team’s travel needs, while keeping future business growth in mind.
Who can you use prepaid travel cards?
Any member of your team can use Soldo prepaid travel cards, whether it’s for large purchases like plane tickets or small expenses like taking a client out for coffee. The admin console is an easy way for you to keep track of all purchases across all employees, no matter where they are travelling to or from.
Can prepaid travel cards be used for online purchases?
Soldo’s prepaid cards are issued by Mastercard, so they can be used anywhere that accepts Mastercard. Prepaid travel cards are a great way of making online bookings, like flights and hotels, without your employees needing to pay themselves and wait for reimbursement cheques.
Order Soldo prepaid travel cards today
Choose the plan that best suits your company’s travel needs to take the hassle out of business trip expenses