6 indicators you need a spend management solution

Spend management shouldn’t be a guessing game. But when spend sits outside of the finance team’s view problems get missed — until they escalate.

This short 15-minute webinar shows you how to spot early warning signs and take back control.

Watch to to learn how to:

  • Spot the inefficiencies you’ve normalised
  • Connect the dots across finance workflows
  • Liberate finance teams to accomplish higher-value work
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Speakers

Hear from finance and tech leaders at Computer Weekly and Soldo as they explore smarter ways to manage business spend.

Watch the webinar
Brandon Till
Head of Business Solutions
Soldo
LinkedIn
Bryan Glick
Editor in Chief
Computer Weekly
LinkedIn

What effective spend management looks like in practice

This session helps you identify six red flags that your spend processes are holding
you back — from admin bottlenecks to low visibility and delayed insights.

But recognising the indicators is just the start. Here’s what solving them
strategically can unlock:

Fix fragmented processes

Remove friction across approvals, payments, and reconciliation — and rebuild control without adding complexity.

Enable teams to spend responsibly

Give employees the tools they need to spend within guardrails — without relying on shared cards, spreadsheets or retroactive tracking.

Refocus finance on strategy

Free your team from low-value admin so they can deliver insight, guide decisions, and help the business move faster.

Frequently asked questions

Everything you need to know about spend management

What is spend management?

Spend management is the strategic process of overseeing and optimising all business expenses, from procurement to payments. By consolidating these activities, organisations gain greater control and visibility over their outgoings.

Why is spend management important?

Effective spend management helps minimise costs, improve compliance, and enhance financial transparency. It also enables more informed decision-making and reduces risks associated with uncontrolled spending.

What are the most common spend management challenges?

Fragmented approvals, manual expense reporting, limited visibility, and lack of policy enforcement are the most common issues. This webinar outlines six clear signs that it’s time to address them.

Can a platform like Soldo help reduce finance admin?

Yes. Automating approvals, expense tracking, and reconciliation can save your team hours every week. Forrester found that businesses can reduce monthly reporting time by up to 80% with the right tools.

How do I measure ROI on spend management?

Start by looking at cost savings, efficiency gains (e.g., faster approvals), and reduced error rates. Tools like Soldo’s ROI Calculator can help quantify these benefits, showing how a robust spend management approach contributes to your bottom line.

What makes Soldo a great choice for spend management?

Soldo offers an end-to-end platform that streamlines spend management—from real-time expense tracking to robust analytics. By issuing prepaid cards and setting custom spend controls, you can empower your teams while maintaining accountability. Soldo also integrates seamlessly with existing workflows, making it easier to automate reporting, track ROI, and continuously improve your processes. Get started today with Soldo, and begin your journey to smoother spend management.

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