In the tech sector, growth is everything. Manual expense management is an unnecessary administrative overhead that creates friction and drag. Costs such as SaaS, e-commerce, T&E, online ads and essential hardware need to be paid fast and tracked easily.
Even in the largest blue-chip companies, projects for new technology initiatives have to be run on the leanest possible basis, with a keen eye on keeping costs down at least until product-market fit is proven.
Lack of flexibility
Employees are often forced to share company credit cards which are not flexible enough to meet the needs of a growing business
Ineffective resource allocation
The need for speed, limits administrative processes that provide visibility required for effective allocation of resources
Traditional payment methods are not compatible with online purchases necessary for business
Slow employee enablement, including spending company money frustrates employees and hinders company growth
With Soldo tech companies can better support their growth strategy, while maintaining control
Empower staff from the first day of employment to buy what they need to get the job done fast
Instantly transfer funds for free; putting an end to cash emergencies or workaround
Simplify the way IT, marketing and other departments buy online products and services
Gain real-time visibility and practical insight into spending across the company