General information about Spendesk
Spendesk is more than just an expense management solution - it's a comprehensive, all-encompassing tool specifically designed to provide maximum control, ultimate visibility, and advanced automation for modern-day finance teams. It successfully consolidates numerous financial tasks and processes such as expense approvals, virtual card management, physical card oversight, expense reimbursements and sophisticated invoice management into one integrated, coherent system.
By offering this single source of truth, Spendesk enables finance teams to efficiently navigate their routine tasks with ease, freeing up time and resources to focus on strategic planning and informed decision-making. Moreover, the automated reconciliation processes provided by Spendesk significantly reduce manual tracking and the risk of errors, ensuring accurate data and driving overall efficiency.
In addition to standard expense management, Spendesk incorporates complete advance spend control. This means not only does it streamline your financial operations, but it also empowers your finance team to make more informed spending decisions. With a comprehensive view of your company's finances, your team can proactively manage and control spending, eliminating unforeseen expenses, strengthening budget adherence, and ultimately improving the financial health of your business.
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See alternatives to Spendesk like Qonto or Brex.
Secret's take about Spendesk
Budgeting is like going on a diet - Monday, you start off strong and determined, and then 💥 Friday hits and you suddenly find yourself in the clearance aisle with a shopping cart full of snacks… But hey, it’s the weekend 🤷♂️
Spendesk is a financial management platform designed to streamline your expense management and spending processes 💵 The software offers a range of features and tools to help you gain control over your expenses, automate workflows and simplify your employee spending. Centralize your expense reports, approvals, and payments, making it easier for your employees to submit and track your expenses. Spendesk’s platform provides virtual and physical corporate cards that can be assigned to employees, enabling them to make purchases while you maintain control and visibility over spending. Reduce the adminsitrative burden of your expense management and improve your efficiency 📈
Spendesk is a suitable solution for a wide range of businesses, from startups & small businesses to remote & distributed teams 💼 Spendesk gives you a simplified and efficient way to manage your business expenses, providing you with a centralized platform to track and control your spending, ensuring financial visibility and compliance. The SaaS software adapts to the evolving needs of your startup, making it easier to manage your expenses as the organization expands. What’s more, Spendesk integrates with your accounting software, like Xero, QuickBooks and Zoho Books, allowing for seamless expense reconciliation and financial reporting. Identify trends in your business and optimize your spending strategies with Spendesk! 🚀
Spendesk offers flexible pricing for you to control and manage your expenses effectively, with a custom quote for your company’s requirements. Discover the platform with a demonstration from the team and see if it’s a right fit for your startup! 💰
- More details about Spendesk's pricingsTop alternatives to Spendesk’s financial management software include Brex, Expensify, Xero and Concur. Discover great offers for these types of tools and more on Secret to start saving! 🔍
- More alternatives to Spendesk
Mary O'Brien
Customer Success Manager
What is Spendesk used for?
Spendesk is a versatile tool that revolutionizes financial management for small businesses. It streamlines various financial tasks, from expense approvals to invoice management, into one cohesive system. For instance, a small business can use Spendesk to manage virtual and physical card expenses, eliminating the need for manual tracking and reducing error risks. It also offers advanced spend control, enabling businesses to make informed spending decisions and avoid unexpected costs. For example, a company can use Spendesk's comprehensive financial overview to adhere to budgets and improve its financial health. Overall, Spendesk offers an efficient, error-free approach to financial management.Spendesk pricing
Scale
Contact sales
Budgets
Purchase orders tracking
Spend trends dashboard reporting
Automatic data entry of expense & VAT accounts
Starter
Book a demo
Up to 7 users, including 1 approver
Unlimited virtual & physical cards
Supplier invoice tracking
Expense tracking & reimbursement
Essentials
Book a demo
Unlimted users & approvers
Multi steps approval flows
Cost center & expenses categories tracking
Unlimited automated receipt collection rules
Spendesk features
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Multi-currency support
Spendesk makes it easy to manage expenses across different currencies and locations, so you can focus on growing your business globally.
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Integrations
Spendesk integrates with your existing accounting software, making it easy to sync and manage your financial data.
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Receipt management
Keep all of your receipts organized and in one place with Spendesk's automated receipt capture and management features.
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Approval workflow
Streamline your approval process with custom approval workflows that ensure spending is in line with your company's policies and procedures.
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Spend control
With Spendesk, you can control and monitor pre-approved budgets for your team and avoid overspending.
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Easy expenses
Say goodbye to paperwork and manual expense reports. With Spendesk, expenses are automated and simplified.
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Company cards
Give your team members access to virtual or physical company cards that can be easily managed and tracked.
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Real-time insights
Get real-time insights on your team's spending habits and make informed financial decisions for your business.
3 Spendesk reviews
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Philip Williams
Proactive Financial Management: A Learning Experience with Spendesk
I had an interesting experience with Spendesk when one of our employee's cards was compromised. I was impressed to find out that Spendesk had already identified the charges as suspicious. Although we weren't immediately notified about the compromised card or questioned about the charges, it was a learning experience for us. It made us realize the importance of being proactive in such situations. In comparison to our previous credit card company, Spendesk operates differently. Our previous company would flag suspicious charges and promptly notify us to close the card and issue a new one. However, with Spendesk, we learned to take the initiative to block the card and request a new one ourselves. This experience has taught us to be more vigilant and proactive, which is a valuable lesson in today's digital world. It's clear that Spendesk is a forward-thinking company that encourages its users to be more self-reliant and proactive. I'm excited to see how this approach will help us grow and become more independent in managing our finances.
April 23, 2024
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Gloria Garcia
Spendesk: The Ultimate Solution for Managing Company Expenses
I've been using Spendesk for a while now and I must say, it's an absolute game-changer when it comes to managing company expenses
April 16, 2024
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Cheryl
Enhancements Needed for Spendesk
I use Spendesk for making payments while traveling across the US. It's a great tool for tracking company expenses and managing and uploading receipts on the go. However, I've found that the Spendesk card isn't widely accepted, for example at Trader Joe's. The app currently only allows for taking photos of receipts. It would be a significant improvement if it could automatically recognize and adjust the borders of the receipt, converting it into a PDF. I received a response from the vendor in June 2019, thanking me for my review and informing me that their new mobile app, which includes a feature to automatically crop receipt photos, will be launching soon. They also apologized for the issues I faced overseas and assured me that my comments have been passed on to their product team for further investigation.
April 16, 2024
Spendesk: Pros & Cons
Pros
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Streamlined expense management: Spendesk simplifies your entire expense process, with real-time visibility into spending and automated approval workflows
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Centralized spending control: The platform centralizes your spending control and visibility over company expenses, setting spending limits and tracking expenses
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Integration with accounting systems: Spendesk integrates with popular SaaS solutions, for seamless data synchronization and less manual data entry
Cons
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Learning curve: Spendesk may require some training and support for users who are new to the software
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Pricing structure: The software’s pricing plans may not be suitable for all businesses, in particular those with more limited budgets
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Limited payment options: Some users have reported limitations in terms of payment options in comparison to other expense management solutions
Why is Spendesk better than other Accounting software?
Spendesk has better positive reviews compared to SAP Concur: 98 vs 85
Spendesk is better at customer service than SAP Concur: 4.5 vs 4.0
Spendesk is a better solution based on percentage of positive reviews than Divvy: 98 vs 95
Spendesk is easier to set up than Divvy: 5.0 vs 4.5
Spendesk is a better solution based on percentage of positive reviews than Payhawk: 98 vs 95
Spendesk is easier to set up than Payhawk: 5.0 vs 4.7
Spendesk has better positive reviews compared to Melio: 98 vs 74
Spendesk is better at customer service than Melio: 4.5 vs 3.5
