Hi!

We created this feature because we know how hard it is to have control over ALL company cards.

Spend Policies allows you to manage multiple cards with a predefined policy where you can easily configure limits and card settings for Executives, Managers, and Employees.

With this new feature, you can group card level controls such as recurring limits, ATM withdrawals, and approval rules for requests and manage all cards in bulk without the need to deal with individual card controls.

You can also define a limit for automatic approval on requests that is helpful if you don't want to bother administrators and the finance team for small requests under a certain amount.

On the contrary, if you want to have a super rigid spending policy, you can set a zero recurring limit for your employees, and approve every request as it comes through the system.

If your company has a more complex spend policy, you can easily set a custom approval rules with multiple employees responsible for approving a request. Easily set a team manager as part of the approval flows or have any individual, allowing for a cross-department approval. You can choose between a consecutively approval (chain approval) or a single step one. You can also define if the approval requests are treated as separate requests each time or they got accumulated through month. Via second option no employee can bypass the rules and 10 requests for 50 Euro in one month are treated equally as 1 request for 500 Euro for the month.

Ready to start using them? Follow the steps in the articles below:

More questions? Feel free to ping us on Intercom.

Did this answer your question?