The traditional corporate credit card has been around for longer than most of us can remember. But as you might expect from a product that's older than the internet, credit cards are an inefficient and insecure way to manage company spending.
Nobody likes expense reports. Not the average employee, who has to spend hours at the end of the month finding receipts and checking credit card bills. Not the finance team, who has to chase up those same employees for proofs of purchase and manually enter hundreds of lines in a spreadsheet. Not the CFO, who thought the budget was all under
It’s been a busy few months at Spendesk. So busy, in fact, that we haven’t provided an update on what’s actually been going on.
You know the hundreds of paper receipts you have stored in a drawer or filing cabinet in case of an audit? Well, toss ‘em!
Office supplies, Saas subscriptions, software licenses…any company has hundreds of payments to process! As the number of small transactions to bookkeep increases, the accounting teams often find themselves swamped with work.
Collecting expense receipts is not how you want to spend your time! At Spendesk, we worked hard to make your receipt recovery process easier, and to insure that your finance and operations teams save time. Our mission: 100% of collected receipts, without any effort on your part! That’s why we came up with our “Invoice Collect” feature.
Selected by millions of employees as the worst administrative procedure of the year, filling out expense reports is still an ordeal in 2017. We’ve all experienced, at least once in our life, this fatalistic feeling when trying to painfully insert one last receipt in an overflowing wallet...