Spendesk FR: Spendesk FR is a financial technology company that offers a platform for managing and tracking business expenses.

With a worldwide recession reported to be looming, could luxuries such as this not be the first to choose startups?
The team is continuing to grow from 20 to 120 people in the last year, and it’s seeking to double with a London office opening in mid-2020.
Spendesk’s platform has proved favored by a host of medium-sized tech companies—including Soundcloud and Wefox—and the fintech said it a lot more than doubled its revenues in both 2020 and 2021.
Yes, Spendesk’s mobile app is available for both iOS and Android users.
You decide who can spend what, and who is able to approve which purchase requests.
New requests will undoubtedly be approved automatically or manually depending on your settings.

By way of comparison, here’s a listing of spend management platforms Payhawk, Spendesk and Soldo.
Set spending limits and apply monthly or yearly limits so it’s easier for employees and teams to stay within budget.

Bills automatically mounted on every payment , preventing the accounting department to spend your time collecting and managing them.
No need anymore to manage credit card for a purchase or an online subscription.

You can activate or off ATM withdrawals on individual cards.
Employees could make contactless payments after their first transaction utilizing a PIN.
Jeeves doesn’t yet offer OCR scanning on receipts snapped by employees utilizing the mobile app at this time.
OCR scanning is really a method of automatically extracting written information from receipts that can help you save time.

Cfo Guidelines: Lessons From The Trenches

Issue and delete physical and virtual cards with a click via the Jeeves dashboard.
Only the more complex plan offers usage of a dedicated account manager.
Companies gain access to unlimited physical and virtual cards.

• Soldo’s Start tariff is free and allows unlimited card transactions, three user cards and three users .
• Payhawk features flawless integrations that save time, money, and steer clear of errors.
• easily.
• Lafouge became CFO for the spend management provider in June 2022, in line with the company, with Spendesk announcing the move per a Sept. 8 news release.
• Whether you’re paying overseas suppliers or international collaborators, you won’t have to deal with high mark-ups and cross-border payment fees.

Account-holders delegate a wallet and debit card to other users within their network to manage their spending.
The holder can set budgets and spending controls for the users, including children.
Spending is monitored with real-time alerts and can be enabled or disabled at any time.The business pivoted from the family-focused banking and spend management tool at the time of their Series A in June 2017.
Provider of corporate travel and expense management solution.
Their solution enables enterprises to keep a tabs on the daily expenses of their employees.
It also allows companies to control to spend with specified budget limits per team & person, review each purchase request, get automatic reminders for employees to upload docs for the purchases & more.
Their features include expense tracking, virtual-physical cards, spending reports, payment invoice & more.

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Fed efforts to curb inflation, an imbalance in the demand and offer of workers and clarification of accounting standards are on the list of CFO trends this year.
Founded in 2016, Spendesk is notable partly because it counts Ardant among its cofounders.

Spendesk just raised $2.2 million (€2 million), rebranded itself, and is approximately to launch mobile apps and corporate plastic cards for everybody.
Easy to use and intuitive will be the first thoughts that come to mind when Agnès describes what the business appreciates about Personio.
“I love that, in the end, the employees have been adopting the tool so easily.
It really helped me in the transition.” Another favourite?

Spendesk is radically modernising the way businesses manage their expenses, so it’s no surprise that the company is really a fast-growing success.
Agnès Chauvigny, Spendesk’s Senior People Manager, joined the company in 2019.
“At that point, we were 100 people and wished to be 300 people in 1 . 5 years,” she says.
The round was led by venture capital fund Tiger Global — allowing the startup to attain “unicorn” status at a valuation of $1.5 billion USD, according to a Jan.18 report by Bloomberg.
Spendesk’s service is built to simplify the process of approving and managing employees’ expense reports.
But that’s only a starting point for a company that eventually really wants to become a platform for facilitating all payments made by a company, in accordance with CEO and cofounder Rodolphe Ardant.

What We Offer

Companies can provide employees debit cards, approve expenses, and reimburse employees in a single central location.
Payhawk’s spend management system gives you oversight of and control over your cash, expenses and payments associated with a business debit or credit card account.
Spendesk provides businesses with user-friendly, scalable expense management tools for control and visibility over company spending.
Catering to established and growing small companies, the platform can be an attractive option for users in search of automated tools and premium customer care.
Spendesk, because the name suggests, targets all things linked to spend management.