Soldo

Soldo is a sophisticated business expenses solution that empowers staff with controlled access to company money, while making expense tracking and management easier than ever, no matter where you are.

SoldoName: Soldo
URLhttps://www.soldo.com
Category: Finance
Language: English and more
Price: 5€

Tool Description:
Soldo is a sophisticated business expenses solution that empowers staff with controlled access to company money, while making expense tracking and management easier than ever, no matter where you are. Take control of your company spending and give your employees the tools they need in the most efficient and cost-effective way.

RATING

Your Review of The Tool:
Soldo’s become an invaluable tool for my business, saving us a significant amount of time managing employee expenses. Now that I’m using Soldo, I can’t imagine business without Soldo.

Rate the Tool:
5

What are the tool “pros” & benefits?:

  • Advantages for administrators
    With just a few clicks account admins can distribute cards to whoever needs to make purchases for the company. Soldo’s main feature is that it enables managers to have real-time control over all company spending. By setting individual spending limits, managers can make sure that employees never go over their weekly or monthly budget. Account admins are also in control of any purchase made and therefore know exactly where the company is going in real time, making it easy to spot and prevent any suspicious behaviour.
  • Advantages for accountants
    Soldo was initially designed for and by financial people who often found themselves performing tedious financial tasks such as chasing people for receipts or trying to identify unknown transactions. With Soldo, accountants can have a full overview of company spending while employees are made responsible for adding receipts to their transactions. Using custom tags ensures that Soldo fits in perfectly with the company accounting procedures.
  • Advantages for employees
    Soldo makes it easier than ever for employees to make company related purchases. No need to fill out paperwork, pay out-of-pocket or ask managers to share their card. Employees receive their own virtual or plastic Soldo card from their manager which they can use anytime they need to make company related purchases. Real-time notifications remind them that they have to add a receipt to the expense.

What are the tool “cons” & issues?:

  • You are unable to build personal credit with a soldo card.
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