RELEASE NOTES

What's new at Payhawk

Keep up with Payhawk’s latest product news. We ship fast, so you can improve your spend management process faster!
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Sep 11, 2024
New feature
Expense management

Introducing comments!

Improve communication and responsiveness within Payhawk by using Comments. This feature allows quick back-and-forth discussions, helping you gather necessary context and speed up approvals for expenses, purchase requests, and invoices.

Key benefits:

  • In-app Comments: Add comments directly on expenses and purchase requests for real-time collaboration, available on both the web portal and mobile app.
  • Tagging & notifications: Tag team members to grab their attention, raise urgency, and encourage quick action. Push and email notifications ensure no message goes unnoticed.
  • Payhawk inbox: Receive live notifications for comments, mentions, or replies on your expenses and POs, all within the Payhawk Inbox.
  • Activity tab overhaul: Track comments, workflows and updates in the enhanced activity tab at the expense and purchase level for a complete audit trail.
Sep 10, 2024
New feature
Payments
Expense management

Introducing Budgets: real-time visibility for smarter, faster decisions

Empower your finance teams and budget owners with real-time insights into budget utilisation, enabling more informed and efficient decision-making across your organisation.

Key benefits:

  • Supports multiple dimensions and complex budgeting hierarchies: Manage budgets across various categories like regions, events, and campaigns with ease.
  • Accrual-based system: Built on the accruals principle, a gold standard for mid-sized and enterprise companies, ensuring accurate and reliable budgeting.
  • Scalable and efficient: Import your budgets quickly, avoiding the time-consuming process of manual input.

Foster responsible spending by aligning resource allocation with strategic financial planning, and ensure your teams make smarter, faster decisions with real-time budget data.

Learn more
Sep 10, 2024
Enhancement
Integrations

Multi-Entity integration with Sage Intacct and NetSuite

Enhance your multi-entity operations by connecting all your entities to Sage Intacct or NetSuite in one go, streamlining the integration process and eliminating the need for individual setups.

Key benefits:

  • Single integration for all entities: Integrate your entire organisation with Sage Intacct or NetSuite at once, creating a more logical and seamless connection across all entities.
  • Centralised master data management: Manage and update master data centrally, allowing for company-wide changes with minimal effort.
  • Quick setup, maximum efficiency: Whether you have 4 entities or 14, set up your integration in minutes, saving you days of manual reconciliation.

This integration ensures a more efficient, unified workflow, perfect for multi-entity businesses using ERP systems.

Sep 10, 2024
New feature
Integrations

Introducing Sage Intacct integration!

Enhance you accounting workflows with Payhawk's seamless integration into Sage Intacct, now a recommended solution on the Sage Intacct marketplace. Our advanced integration delivers a smarter, more efficient way to sync your financial data.

Key benefits:

  • Seamless data sync: Automatically sync master data, dimensions, bills, payments, and bank statements for an efficient, streamlined accounting experience.
  • Built for global expansions: As Sage Intacct continuous to grow in the international markets, Payhawk provides a robust, future-proof integration to support international accounting needs.

With our superior integration, Sage Intacct customers and prospects can rely on Payhawk for the most comprehensive and scalable solution available today.

Sep 10, 2024
Enhancement
Expense management

Introducing limit recurrence settings: weekly, monthly or annual!

You can now customise how often a card's spending limit is refreshed. While the default is set to be monthly, you now have the flexibility to choose between weekly, monthly, or annual recurring limits.

This new option provides for greater control and adaptability in managing card spending.

Sep 10, 2024
Enhancement
Control & governance

Enhanced workflow customisation for greater control

Take your approval processes to the next level with new workflow customisation options, designed to streamline approvals and eliminate bottlenecks across your organisation.

Key enhancements:

  • Advanced workflow triggers: Customise workflows based on specific custom field conditions. Assign multiple approvers to ensure smooth approvals without delays or bottlenecks.
  • Centralise workflows for Multi-Entity Management: Manage approval workflows for all your entities from a unified, multi-entity environment. Gain a centralised overview of processes, simplifying change management and keeping everything organised.
Sep 10, 2024
Enhancement
Corporate cards

Introducing new card limit settings!

You can now choose from three different settings for how your card limits are applied, giving you more control over your spending.

How does this feature benefit you?

These options allow you to manage your card limits more effectively, whether you want to carry over unused funds, accumulate balances, or enforce a strict limit.

Key options include:

  • Increase limit to: Ensures a minimum available balance by carrying over unused funds from previous requests.
  • Increase limit with: Allows funds to accumulate with each reset.
  • Set to: Resets the limit to its original amount, with no carryover of unused funds.

These flexible settings let you tailor your card limits to suit your specific needs!

Learn more
Sep 10, 2024
Enhancement
Multi-entity management

Centralised management of categories and custom fields on MEM

Now your can effortlessly manage your chart of accounts and custom expense fields across your entire organisation from one centralised location.

Key benefits:

  • Unified control: Manage categories and custom fields for all entities in one place, ensuring consistency across your organisation.
  • Custom visibility: Define which values are visible for each entity, offering tailored control where needed.
  • Bulk actions: Make adjustment quickly and easily with intuitive bulk actions.

Streamline your expense management and maintain clarity across all entities with this powerful update.

Sep 10, 2024
Enhancement
Corporate cards

Advanced controls and limits now available for individual cards!

You can now apply all advanced card limits and controls directly individual cards, for more flexibility and precision in managing your cards!

How does this feature help you?

This update lets you customise each card for specific purposes without the need to create a separate spend policy.

Key benefits include:

  • Apply spend limits and controls directly to individual cards.
  • Tailor each card to unique needs and use cases.
  • Streamline your card management process without additional policies.
Sep 10, 2024
Enhancement
Corporate cards

Enhanced expiring card management: Automated and streamlined

We've improved the experience for managing expiring cards, making the reissuing process smoother and more efficient.

Key improvements:

  • Automated card reissuing: Physical cards are now automatically reissued to your corporate address by default 60 days before expiration, ensuring timely replacement.
  • Employee address confirmation: When a card expires, employees can confirm or update the shipping address, giving them more control over the reissuing process.
  • Advanced bulk reissuing: Easily manage bulk card reissuing with more granular shipping options, streamlining the process for large teams.

These updates make expiring card management hassle-free, saving time and reducing manual effort.

Learn more
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See our latest product release editions

Starting in winter 2023, we publish a rundown of everything we’ve built in Editions.
Payhawk Fall Edition ‘24
Build your spend culture

Drive business spend accountability and empower informed decisions with real-time budget visibility and in-product communication. Rest easy with proactive spend control on cards tailored for every need and 10+ additional product enhancements.

Payhawk Fall Edition ‘24
Payhawk Summer 24 release edition
Customise without compromise

Built to work the way you do, Payhawk’s latest Edition brings more flexibility to the way you manage spend across all your entities.

Image illustrating the advanced approval designer for expenses, invoices, and purchases