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Spendesk REVIEW

Accounts Payable Software

No user reviews
USER SATISFACTION 80%
OUR SCORE 8.0

What is Spendesk?

Spendesk is an expense management software that provides businesses and organizations with a simple way to manage, monitor, and control their spending. With smart prepaid credit cards and virtual cards, employees are able to spend within their allotted budget and make payments on products and services specified by the management, effectively eliminate overspending and buying things the team doesn’t need.

Spendesk is built with real-time tracking capabilities and automatically records all details of every transaction, making it easy for users to create expense reports, reconcile their spending, and perform audit trails among others. There is no need for confusing paperwork, Spendesk simplifies bookkeeping and can export all numbers and figures to the users’ existing accounting software.

With Spendesk, the company’s money is well spent.

Overview of Spendesk Benefits

Comprehensive spend management platform

Spendesk equips your organization with a platform that has all the tools you need to manage and monitor company expenses. While other solutions offer one or a couple of key capabilities, Spendesk gives you smart prepaid credit cards as alternatives to business credit cards that you can use for physical purchases, virtual cards for online transactions, and automatic capture of transaction details. There is no need for you to keep receipts and write down all the details of your purchases and payments, Spendesk records and stores everything into the system.

Controlled Spending

With Spendesk smart prepaid credit cards, you don’t have to worry about an employee getting overzealous with the company’s funds. You can configure a specific budget per card and specify the items or services your employee can pay for using their prepaid credit cards. All your employees are empowered to spend within their budget reserved to them, eliminating instances of overboard spending and wrong purchases.

Automatic Data Capture

When you have a spend management solution that records all information related to company spending, you never have to worry about losing receipts, tickets, and other documents to go with your expense reports. Spendesk captures all the data per transaction: time, date, venue, item, amount, etc. The software stores them into the system, profiling and categorizing all your transaction information that you can access anytime for audit, reporting, and exporting purposes.

Overview of Spendesk Features

  • Prepaid Master Credit Cards
  • Single-use virtual cards for online payments
  • Monthly-capped virtual cards for subscriptions
  • Track purchases from order to payment
  • Define custom budgets per teammate
  • Set up clear approval flows for purchase requests
  • Automated invoice recovery and matching
  • Instant payment categorization
  • One-click export to your accounting software

What Problems Will Spendesk Solve?

1. Nobody enjoys filing expense reports. Employees first have to pay for things out of their own pocket, then have to fill out a report and provide proof in order to be reimbursed.

Spendesk provides prepaid cards for companies to give to employees. These have customized limits (set by a manager or CEO), so you’re confident that the employee spends appropriately. And equally, employees don’t have to spend with their own money.

All of these payments are tracked, and employees can easily save receipts with their smart phones for reconciliation.

2. Modern companies make a lot of online payments. Every time you use the company card on a website, you expose it to the risk of being hacked. Spendesk offers virtual cards, each with their own automatically generated card details.

These have a set budget, so even if the card is hacked, a hacker can’t spend any more money. And if you do need to cancel one, it only affects that payment – all the other subscriptions you have can safely continue to be paid.

3. Finance teams spend far too much time chasing employees for proofs of payment, then painstakingly reconciling these again rows in a spreadsheet.

Spendesk tracks every payment, the person who made it, and what it was for, and then lets the user save a proof of purchase directly into the platform. For finance teams, they simply have to look through the dashboard to make sure everything looks right, then can export everything to send to their accountant.

Awards & Quality Certificates

Spendesk Position In Our Categories

Position of Spendesk in our main categories:

500

Spendesk is one of the top 500 Accounting Software products

500

Spendesk is one of the 500
Accounting Software products


Spendesk is also listed in the following subcategories:

Category:Position:Category:Position:
Accounts Payable Software#38
Category:Position:
Accounts Payable Software#38

Since each company has specific business needs, it is sensible for them to refrain from seeking a one-size-fits-all ideal software system. Needless to say, it would be pointless to try to find such a system even among popular software applications. The intelligent thing to do would be to catalog the various vital factors that need consideration such as required features, finances, skill levels of employees, company size etc. Then, you should do your research thoroughly. Read some Spendesk reviews and check out each of the other systems in your shortlist in detail. Such comprehensive homework can make certain you reject ill-fitting applications and choose the app that presents all the features you need for business success.

How Much Does Spendesk Cost?

Spendesk Pricing Plans:
Free trial
Quote-based Plan
Contact Vendor

Spendesk offers a flexible enterprise pricing scheme. Contact them today for a quote and more information about their packages.

User Satisfaction

We realize that when you make a decision to buy Accounts Payable Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Spendesk reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Spendesk. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

15

NEGATIVE SOCIAL MENTIONS

2

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Technical details

Devices Supported
  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
Language Support
  • English
  • German
  • Spanish
  • French
Pricing Model
  • Quote-based
Customer Types
  • Small Business
  • Medium Business
Deployment
  • Cloud Hosted
  • On Premise

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • LIVE SUPPORT
  • TRAINING
  • TICKETS

What are Spendesk pricing details?

Spendesk Pricing Plans:
Free trial
Quote-based Plan
Contact Vendor

Spendesk offers a flexible enterprise pricing scheme. Contact them today for a quote and more information about their packages.

What integrations are available for Spendesk?

Spendesk integrates with the following business systems and applications:

 

 

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