Customer Story

• Sharing company cards: The staff used to pay from their own cards and later were reimbursed in the form of salary or petty cash. This was costing the company a significant amount of working hours, plus the sloppy nature of such practices made it exasperating for both the employees and the finance guys.

  
  

• Risks with sharing: There were several risk factors associated with sharing the same credit card details across multiple staffs, and was not scalable based on deep trust.

  
  

• Dependency on a single card:  If the card got compromised, hundreds of payments will fail, because of one single point of failure, and therefore they had to avoid using these details on unknown sites even for legitimate purchases.

Spending Independency: Employees have the complete authority to make a spend whenever necessary, and at the same time, the managers can track every dollar that leaves the company. This automation makes it easy to monitor and administer the entire company budgets.

Tracking in Real-Time: With Volopay, Fireshot's finance manager now don't need to run after the employee expense receipts, and even the employees don't need to panic about them being reimbursed. Because, the spending is just in real-time from the company's budgets, and the monitoring too. A win-win situation for both.

Virtual cards for teams: Handling their SaaS subscriptions is now more easy and efficient for the team. All they need to do is create a virtual card and assign a recurring payment on it, and it's done!