Pros from reviewers
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Virtual Cards: The feature of issuing virtual cards for unforeseen expenses or employee travel is highly valued. It provides flexibility and convenience for managing expenses
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Efficient Expense Management: Spendesk assists in overseeing departmental expenditures, preventing unnecessary or lavish spending. It supports sound accounting, settling subscriptions, and sending invoices to clients
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Comprehensive Expense Records: Spendesk maintains comprehensive expense records, which are crucial for auditing purposes. This feature ensures transparency and accountability in financial management
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User-Friendly and Accessible: Spendesk is very user-friendly and reasonably priced. As a cloud-based software, it can be accessed from any computer, be it at home or work. Its sleek design makes it easy for users to find what they need
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Automation of Accounting and Payment Requests: Spendesk has automated much of the accounting, payment requests, and personal expenses, allowing teams to focus more on business development rather than manual report filing and receipt tracking. It enables automation of payments and approvals for business expenses and offers a clear overview of transaction ownership.
Cons from reviewers
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Limited acceptance of Spendesk card: Some users have reported that the Spendesk card is not widely accepted at all vendors, which can cause inconvenience during travel or for certain purchases
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Lack of advanced receipt scanning: Although the app allows for taking photos of receipts, it does not automatically recognize and adjust the borders of the receipt, converting it into a PDF, which could improve the user experience
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Lengthy onboarding process: Due to internal changes, the onboarding process can take up to 3-4 weeks, which may not be communicated effectively to new users
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Requirement for pre-loaded money: Each credit card's limit must be backed by pre-loaded money onto the bank account, and each card's limit needs to be 100% backed, effectively tying up an entire month of worst case scenario working capital
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Limited visibility on spending per category: Some users have reported that there is not enough visibility on spending per category and a lack of an analytics dashboard, which could limit the ability to effectively manage and analyze expenses.
Main features
Starting Price
Free Plan
Multi-currency support
Integrations
Receipt management
Approval workflow
Spend control
Starting Price
N/A
Free Plan
No
Multi-currency support
Integrations
Receipt management
Approval workflow
Spend control
What is Spendesk?
How Spendesk compare to similar software?
Product
Spendesk
3.8
Spendesk reviews
Price
N/A
Free plan
No
Main features
Pros
Cons
Alternatives
Deal
No available deal at the moment
Who is Spendesk best for according to our reviewers?
Department Heads: Spendesk is suitable for department heads who need to oversee their team's expenditures, manage subscriptions, and send invoices to clients
Traveling Employees: For employees who frequently travel, Spendesk's feature of issuing virtual cards for unforeseen expenses and its comprehensive expense records are beneficial. However, a stable internet connection is required for its cloud-based software
Small Teams: Small teams spread across different locations can benefit from Spendesk's automation of accounting, payment requests, and personal expenses. It also allows for the setup of multiple teams and entities, mirroring complex organizational structures
Sales Professionals: Spendesk is ideal for sales professionals who need to handle international travel and receipts. It simplifies the process of handling expenses, making it stress-free and efficient
HR Professionals: Spendesk is user-friendly and easy-to-use for HR professionals who need to validate expenses and interact with providers. It offers simple, straightforward steps for paying invoices, setting up virtual cards for payment, or getting expenses reimbursed.
Spendesk reviews
3.8
Spendesk rating
5.0
Ease of use
4.5
Customer service
4.5
Value for money
4.6
Likelihood to recommend
4.6
Features
5 Spendesk reviews
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Matthew Johnson
Discovering Spendesk: The Perfect Solution for EEA Banking Needs
The title says it all! After an extensive search for the perfect solution, we found Spendesk. While initially, we were unsure, their transparency and communication won us over. Their claim to serve the EEA is impressive and we've seen it in action. I was particularly intrigued by a positive review from an Estonian business. It's clear that despite the complexities of banking and regulatory issues, Spendesk has managed to keep their customers satisfied. I'm confident that we've made the right choice!
May 6, 2024
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Barbara N
Simplifies Daily Expense Management Effortlessly
Spendesk is very user-friendly and reasonably priced. As a cloud-based software, I can access it from any computer, be it at home or work. Its sleek design makes it easy for me to find what I need. However, being cloud-based, it requires a stable internet connection.
April 27, 2024
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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
