Startup of the Week - Soldo
by Startacus Admin
Smarter business spending is the core mission of London based startup, Soldo, who are aiming to streamline the entire business expense cycle –from payment to reconciliation...
Whether you’re responsible for budgets in a small startup or you oversee the entire financial operations in a larger organisation, you will certainly have a difficult task on your hands when it comes to managing the business expenses.Identifying who is spending what, and where and when can often be challenging. Likewise, when it comes to reconciling the expenditure and gathering up those all important receipts etc, it can be both frustrating and of course time consuming.
Help is now at hand however thanks to our latest startup of the week.
Soldo is an innovative platform which “streamlines the entire business expense cycle – from payment to reconciliation”.
Here’s how it works:
Firstly, you can provide your employees and departments with plastic or virtual Soldo Mastercard® cards to pay for any business expenses incurred.
You will be able to see in real time, what is being spent and by whom. Having this increased visibility will therefore mean that you will have up to date and accurate info and control over those business expenses.
You can thereby track spending and manage your budgets much easier as well as export all relevant data into your company 
accounts seamlessly. Soldo can integrate with all the major accounting and expense management platforms.
The admin side of things is beneficial for all concerned - from employees who can use the app to instantly upload pics of receipts, to those managing the budgets, who can get detailed reports on company spending with ease.
We all know that managing budgets can be challenging to say the least, therefore any service which can help reduce those challenges ought to be welcomed with open arms.
Soldo - we love what you do!
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Published on: 17th July 2019
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