Blogs and best practices from the world of Fintech
We know that sometimes having the expense category and the employee’s note is not enough information for each expense. Often, accounting departments need the cost center information while controlling teams need the project ID. In order to solve this issue, Payhawk has made it possible to create custom predefined expense fields and allow users to dynamically enter data.
Company spend policies can vary. That’s why we now let you design a custom approval chain based on yours. Take a look at how Payhawk decentralizes your workflows and improves efficiency by also allowing managers to approve their team fund requests.
Payhawk’s partnership with Xero allows for a seamless and effortless accounting experience. Automatic expense categorization takes the manual work off of the accountant’s workload. With the introduction of automatic bank feeds, tracking categories, tax rates, Payhawk makes sure that the data you push to Xero is complete and lets you perform one-click reconciliation.
Managing expenses and approval of funds can be quite a challenge. Especially when you are in charge of a big company. If the CFO and accounting team are bothered with every expense or fund request, handling those demands becomes a mess. The bigger your organization gets, the greater the need for a structure that supports its workflows. That’s why we designed Teams to reflect your company structure, whatever it might be.
We recently introduced the ability to easily upload unpaid bills to Payhawk directly from your inbox. We decided to go one step further!
Users can now forward any paid invoice or receipt to firstname.lastname@example.org, which will automatically match it to the existing expense on our platform.
You can now easily upload unpaid bills to Payhawk directly from your inbox. Never lose track of outstanding expenses and keep an eye on all company spend in one place.
Our work involves interacting with customers, investors, and partners on a daily basis. And what we have found is that the road to success in every relationship or business venture starts with a good conversation. And now we want to share this conversation with you.
Payhawk, one of the most recent innovators part of the Visa Fast Track program, today announced the launch of a NextGen company card. The new cards empower finance teams to implement spend rules directly on company cards or team cards, and automate the collection of receipts end to end.
Full disclosure: As a co-founder and CEO of Payhawk, I talk to investors, analysts, and journalists on a daily basis. And I find it extremely fascinating to constantly hear statements that the market for payment is already solved by Neobanks. Barbod Namini from HV Holtzbrinck Ventures already hinted that investors are becoming more comfortable with investing in fintech despite the massive rounds around Neobanks. So here is my take on what else investors should have learned over the last 5 years after investing billions in a world where you either learn fast or perish.
Payhawk next-generation company cards can now automatically retrieve travel invoices straight from TravelPerk. We are extremely happy to announce our new partnership with TravelPerk that has been a highly requested feature from our customers!