Start using expenses software that integrates seamlessly with Xero.
Good news: you don’t have to manage expenses manually anymore. With Soldo, you can automate 80% of your financial processes, which means more time for impactful work. And less risk of input errors.
With approvals, reimbursements and expense reporting taken care of, the only question is what to do with all those extra hours.
Imagine knowing where every penny of company money is being spent in real-time. Or, better yet, putting spending policy profiles, daily allowances, and separate budgets in place – so you know where it’s going before it even gets there.
We’re bringing together Soldo company cards and our expense management platform to make this kind of visibility and control over company spend an everyday reality.
Our mobile app makes expense management easy for finance teams and employees, wherever they are. Top up an employee’s Soldo company card with the company money they need – from anywhere – or approve out-of-pocket expenses in seconds. See every transaction as it happens.
And because employees use the app to capture receipts at point of purchase, everyone avoids the hassle of chasing bits of paper.
Copying data between multiple systems isn’t just annoying – it wastes time and increases the likelihood of manual input errors. Soldo connects with your accounting software so you can track, manage, and report on employee expenses and company spending. All in one place.
Reconcile in a single click, manage month-end faster. Rely on real-time, accurate spend and expense data.
Soldo company cards are issued by Mastercard® and can be frozen or cancelled instantly from the web or mobile app. Our support team is on hand to answer questions, resolve any issues and talk you through the best way to set up your Soldo account for your specific needs.
Soldo is authorized and regulated by the Financial Conduct Authority (FCA) and accredited as a Level 1 Service Provider by the PCI Council. Which means we comply with the highest data security standards.
Soldo empowers employees and departments to spend company money more responsibly by giving them their own plastic or virtual Mastercard® cards. While an intuitive web console makes it easy to manage spending using customisable budgets and rules. The mobile app prompts staff to snap receipts at the point of purchase – so late, inaccurate expense reports are history. And Soldo automatically sends payments to Xero, sharing receipts (and much more) in just one click. See an overview of how it works.
Read the Forrester study to learn how.
Download studyXero has an optional expense manager function that costs £2.50 a month to add onto your existing plan. This allows you to monitor employee expenses and handle claims. Alternatively, just stick with Soldo, as this functionality is a key part of our plans.
Expense claims are found in the Business menu, and from there you can view all expense claims in more detail and either approve or deny them. For a simple way to manage expense claims (and, if you prefer, to eliminate them altogether) you can sign up to one of Soldo's plans and start spending smarter.
You can reimburse employees on Xero in the Payroll menu, under Pay Employees. Xero's website goes into this in more detail, but it's a process that takes quite a few steps, especially if you're doing it for the first time. Alternatively, you can use Soldo's prepaid cards so employees never need reimbursing but you remain in control.