Soldo
UnclaimedSimplify spend management, liberate finance teams, and empower employees with controlled spending.
Visit WebsiteTL;DR - Soldo
- Centralizes and controls decentralized company spending.
- Automates expense management, approvals, and accounting.
- Provides real-time visibility and insights for smarter financial decisions.
Pricing: Paid only
Best for: Enterprises & pros
4.5/5 across review platforms
What is Soldo?
Soldo is a comprehensive spend management platform designed to help businesses of all sizes gain control over their company spending, particularly decentralized and 'tail-end' spend. It provides real-time visibility and traceability for all expenses, enabling finance teams to automate, track, and optimize company spend, ultimately reducing administrative burden and allowing them to focus on strategic initiatives.
The platform caters to various business needs, from managing ad-hoc discretionary spend and tracking travel & entertainment budgets to gaining visibility over day-to-day operational costs. Soldo offers a seamless experience by providing its own financial services, ensuring a unified platform for payments and management. It's built for flexibility and scalability, supporting small businesses, medium-sized companies, and large enterprises across diverse industries like retail, food & beverage, construction, and education. Soldo aims to empower employees with flexible, controlled business spend while ensuring compliance and security for the organization.
Available on: Web
Pros & Cons
Pros
- Centralizes all company spending in one platform.
- Reduces administrative tasks for finance teams.
- Provides real-time visibility and control over expenses.
- Empowers employees with flexible, controlled spending.
- Ensures compliance and audit-readiness.
Cons
- No explicit mention of a free trial or free tier.
- Specific pricing details are not publicly available on the website.
Ratings Across the Web
4.5(380 reviews)
Ratings aggregated from independent review platforms. Learn more
Key Features
Decentralized Spend ControlDiscretionary Spend ManagementTravel & Entertainment Spend TrackingOperational Spend VisibilitySpend Controls (policies & limits)Budget Allocation and ManagementTeams & Entities AlignmentRequests & Approvals Workflow
Pricing
Paid
Soldo offers paid plans. Visit their website for current pricing details.
Reviews
4.5/5
Across 380 verified user reviews on g2, capterra, sourceforge
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Soldo FAQ
How does Soldo help manage decentralized company spending?
Soldo centralizes all company spending within a single platform, providing real-time visibility and traceability for expenses. This allows businesses to gain control over decentralized and 'tail-end' spend, reducing administrative burdens for finance teams.
Which teams benefit most from using Soldo?
Finance teams benefit significantly by automating expense tracking and gaining real-time control over company spend. Employees are also empowered with flexible, controlled spending, which helps ensure compliance and security for the organization.
How does Soldo compare to Spendesk for expense management?
Soldo focuses on centralizing all company spending and providing its own financial services for a unified platform, similar to Spendesk's approach to spend management. Both aim to reduce administrative tasks and offer real-time visibility and control over expenses.
What kind of spending does Soldo help businesses track?
Soldo helps businesses track various types of spending, including ad-hoc discretionary spend, travel and entertainment budgets, and day-to-day operational costs. It provides real-time visibility and traceability for all these expenses.
How is Soldo priced?
Soldo is a paid product, designed for businesses seeking a comprehensive spend management solution. It does not offer a permanently free tier for its services.
What are the primary limitations of Soldo?
Soldo does not explicitly mention a free trial or a free tier for its services. Specific pricing details are also not publicly available, requiring direct inquiry for detailed cost information.
Can Soldo be used across different industries?
Yes, Soldo is built for flexibility and scalability, supporting businesses across diverse industries. It caters to sectors such as retail, food & beverage, construction, and education, among others.
Source: soldo.com