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What is Soldo?

Initiate smarter financial management for your business with Soldo, the prepaid Mastercard® designed to oversee your company's expenditures, empowering you to take charge of spending. Discover more efficient methods to handle your business finances through customizable budgets and regulations that can prevent unauthorized expenses. With limited access to funds, your team can focus on their tasks without worries about overspending. The mobile application for employees streamlines the process of expense reporting and management, making it convenient and efficient. Soldo has gained the trust of over 60,000 businesses in managing their financial activities. To facilitate seamless expense management, every employee should be provided with smart payment cards that incorporate predefined rules and budgets. The app also enables quick receipt capturing for added convenience. While this feature is exclusive to paid plans, it allows for a comprehensive view of all company expenditures in one accessible location. You can easily export data to any accounting software, ensuring you have a complete financial overview. Additionally, Soldo integrates smoothly with Xero, which enhances transaction efficiency and enriches accounting data. With just two clicks, you can export expenses to any other accounting software, ensuring that your financial management remains effortless. This combination of features makes Soldo an invaluable tool for any business looking to optimize its spending practices.

What is Netspend?

Investing substantial time and effort into your business is crucial, and the Netspend® Small Business Prepaid Mastercard® offers essential features to help you manage your finances effectively. When personal and professional expenses are mixed, keeping a handle on your finances can be quite difficult. The Netspend Small Business Account allows you to organize your finances by keeping all business-related expenses in one place, which simplifies tax filing and alleviates stress. By having a clear and organized record of your business transactions, you can easily export your account data, freeing up more time to focus on growing your enterprise instead of drowning in paperwork. Each transaction is significant for small businesses, and providing diverse payment methods—such as checks, credit and debit cards, or cash—improves customer satisfaction while contributing to your Card Account balance. Furthermore, if your employees are required to make purchases for the company, you can set up subaccounts with limited spending limits linked to your main Card Account. In the end, maintaining precise financial records is vital for the smooth running of any business, ensuring you remain aware of your financial standing at all times. By applying these methods, you can significantly improve both the organization and efficiency of your day-to-day operations, ultimately leading to a more productive business environment.

Media

Media

Integrations Supported

QuickBooks Online
Atlar
Expensify
Microsoft Dynamics 365
NetSuite
QuickBooks Online Advanced
SAP Financials
Sage Accounting
Xero

Integrations Supported

QuickBooks Online
Aqore
PayDay Portal
PayPal

API Availability

API Availability

Pricing Information

£4 per card per month
Premium: £7 per card per month

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Linux

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Soldo

Date Founded

2015

Company Location

United Kingdom

Company Website

www.soldo.com

Company Facts

Organization Name

Netspend

Date Founded

1999

Company Location

United States

Company Website

www.netspend.com/small-business/

Categories and Features

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Workflow Management

Spend Management

Budgeting / Forecasting
Expense Tracking
Prepaid Cards
Receipt Management
Spend Analysis
Spend Control

Categories and Features

Earned Wage Access

Not specified

Embedded Finance

Not specified

Tip Distribution

Not specified

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