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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 Skovik?

Skovik delivers a robust global expense management solution designed to simplify the often cumbersome expense reporting procedures for medium to large businesses, enhancing compliance and allowing both employees and finance departments to concentrate on more vital tasks. With an average completion time of just three minutes for expense reports, employees can shift their attention to more pressing responsibilities. The platform supports expense submissions from any location, enabling users to capture receipts through photos or email, while its AI technology adeptly extracts all the required information. Additionally, Skovik ensures precise calculations for reimbursable amounts across various travel scenarios, accommodating both single and multi-destination trips, all while remaining compliant with the latest regulations. Users can quickly calculate mileage expenses by entering their starting point and destination, whether for simple or complex journeys. The platform also keeps abreast of current financial laws and allows for effortless retrieval of corporate card transactions and invoices from any financial institution via its open API. Furthermore, Skovik aids in effective spending management by aligning card transactions with receipts, providing users with a thorough overview of all their expenses. This degree of automation not only boosts accuracy but also considerably lessens the manual workload, which is a boon for the overall financial well-being of the organization. Moreover, by streamlining these processes, Skovik fosters a more productive work environment, encouraging teams to focus on strategic initiatives rather than administrative tasks.

Media

Media

Integrations Supported

Microsoft Dynamics 365
NetSuite
Atlar
Expensify
SAP Financials
Sage Accounting

Integrations Supported

Microsoft Dynamics 365
NetSuite
Active Directory
BambooHR
Crona Lön
Eurocard
HiBob
IFS Cloud
Microsoft Dynamics 365 Business Central
Oracle Cloud CX
SAP Cloud Platform
Sympa
Unit4 ERP
Workday Extend
flex

API Availability

API Availability

Has API

Pricing Information

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

Pricing Information

Free
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Linux

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Soldo

Date Founded

2015

Company Location

United Kingdom

Company Website

www.soldo.com

Company Facts

Organization Name

Skovik

Company Location

United States

Company Website

skovik.com

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

Expense Report

Not specified

Mileage Tracking

Not specified

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