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Teampay Review

Teampay
Our score: 7.4 User satisfaction: 93%

What is Teampay?

Teampay is a spending solution that empowers employees to request expenditures and enables managers to approve and track spending. It removes the hassles of manual approval workflows and spending data collection. On top of that, it promotes responsible spending among your employees while enabling them to accomplish organizational goals. You can achieve this through the setting of spend limits and by enforcing them stringently.

Additionally, Teampay enables your finance managers to reconcile cash flows and spending data with ease. That is because the solution automates the process while ensuring that administrators stay on top of it. Thus, you can be sure of the accuracy of the numbers.

Overview of Teampay Benefits

Stringent Spend Control

With Teampay, you can empower your employees to spend on what is necessary while limiting their expenditures. You can do this by setting spending boundaries to avoid overages. Furthermore, you can configure this by vendor, transaction, or employee.

Virtual and Physical Cards

To provide your company with greater security, Teampay offers virtual and physical cards. Your employees can use the former for online purchases and use the latter for on-site or real-life transactions. This way, you can better improve spend management in different aspects.

Automatic Reconciliation

Reconciling receipts and money movement is a tiring task that Teampay automates. It gathers receipt and spending data on behalf of your finance team—the application reminds employees to send in receipts and it automatically collects them. Additionally, the solution assists your finance managers with their accounting since it can integrate with popular accounting systems. Thus, they can finish their tasks faster.

Real-Time Spend Tracking

With Teampay, you can stay on top of company spending at all times. It provides you with reports regarding spending and approval trends and notifies you in case a change occurs. The solution also helps you prevent redundant spending for your organization to save more money. Moreover, the platform helps you cut costs by providing you with comparative price benchmarking, which shows comparisons in prices and provides vendor alternatives.

Overview of Teampay Features

  • Spend Limits
  • Spend Rules Enforcement
  • Virtual & Physical Cards
  • Automatic Expense Capture
  • Accounting System Integration
  • Corporate Card Expense Integration
  • Vendors & Subscriptions Tracking
  • Comparative Price Benchmarking

Teampay Position In Our Categories

Since businesses have specific business-related requirements, it is reasonable they avoid seeking an all-encompassing, “perfect” business application. Just the same, it would be futile to try to stumble on such application even among recognizable software solutions. The right thing to do would be to list the different critical factors which necessitate analysis such as critical features, plans, skill aptitude of staff, business size, etc. Next, you should conduct your research fully. Go over these Teampay analyses and look into the other software programs in your list more closely. Such well-rounded research ascertains you keep away from unfit apps and pay for the one which offers all the tools you require company requires for optimal results.

Position of Teampay in our main categories:

Teampay is also listed in the following subcategories:

Since each company has unique business needs, it is sensible for them to desist from seeking a one-size-fits-all perfect software application. Needless to say, it would be useless to try to find such a platform even among widely used software solutions. The intelligent thing to do would be to jot down the various important factors that require consideration such as main features, finances, skill levels of employees, company size etc. Then, you should do your groundwork thoroughly. Read some Teampay Expenses Management Software reviews and check out each of the other systems in your shortlist in detail. Such in-depth research can make certain you discard ill-fitting systems and select the app that presents all the aspects you require for business success.

How Much Does Teampay Cost?

Teampay Pricing Plans:

Free Trial

Teampay

Contact vendor

Teampay offers enterprise pricing according to your number of transactions. Get in touch with the software vendor’s sales team via email to get a quote.

User Satisfaction

Positive Social Media Mentions 23
Negative Social Media Mentions 1

We realize that when you make a decision to buy Expenses Management 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 Teampay 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 Teampay. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are Teampay pricing details?

Teampay Pricing Plans:

Free Trial

Teampay

Contact vendor

Teampay offers enterprise pricing according to your number of transactions. Get in touch with the software vendor’s sales team via email to get a quote.

What integrations are available for Teampay?

Teampay can integrate with the following systems:

  • NetSuite
  • Intacct
  • QuickBooks Online
  • Xero
  • Slack
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Reviewed By Louie Andre
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