LIFEAID Beverage Company makes vitamins you’ll actually enjoy drinking. Passionate about providing “a better way to drink,” LIFEAID is a leading manufacturer of premium, healthy, and convenient nutritional products designed to boost performance and speed recovery for people pursuing active and healthy lifestyles.
Before using Payhawk Gijs mentioned that he monitored his eCommerce performance by using accounting systems and appropriate metrics for the checks and balances. The two main costs are the product itself and shipping. When COVID struck these costs went down because 80% of their business was with gyms which closed temporarily.
Directly after the COVID-19 lockdown, they started expanding the business across the Netherlands, Italy, France, Germany, and the UK. As Gijs puts it:
“Tracking the sales executive and all their expenses is not something you want to do when you want to focus on the business.”
Gijs found out about Payhawk through a Google search for expense tracking. The first thing that won him over was the intuitive and easy to use interface. Of course, with operations across different countries, he was looking for something mobile and straightforward. The main goal was to have a process that does not require a person to run after people and their expenses. When you add to this the ability to export all the expenses with the corresponding documents, you have the missing piece of pre-accounting.
When we asked Gijs about the single best thing about Payhawk, without a doubt he pointed out the ease of use.
The streamlined process for attaching invoices to card expenses, especially when you spend daily, solves the problem of losing invoices or forgetting about invoices. Payhawk removes all the hassle with the snap of a photo, the moment you buy something.
Additionally, he likes that you can have allocated funds to the cards for every person. When you couple this with the fund request option, it’s very easy to limit spending and identify proper expenses.
LifeAID is looking forward to expanding its line up and operations in more countries. Being on the mission of becoming the next billion-dollar company in the food and beverage industry, we are happy that Payhawk contributes to that journey.
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