Fireshot erased the risks once associated with their spending practices and solved all their spending struggles with Volopay
Before handling their financial workflow to Volopay, Fireshot team was struggling with these spending issues:
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.
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.
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.
Industry: Location: Employees:
IT Services Singapore 11 - 50
" We can give each staff their own secure cards, and the review process is awesome! Now, there is no single point of failure for my SaaS services, and the ability to create burner cards make our payments extra secure. The employees feel empowered and they just love it! "
Regional Director Fireshot
After switching to Volopay, Fireshot distributed physical and virtual cards to all their employees, and immediately shifted all their business expenses onto Volopay.
This eradicated the risks that were once there with sharing a single card for their expenses. Plus, Volopay's virtual cards help them to handle all their SaaS subscriptions in one place, and the extra flexibility to make temporary cards for specific payments on unknown sites adds an extra layer of security.
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!
What Volopay provided Fireshot
Physical and virtual cards for all the employees, therefore they spend and you track in real-time
Our managers are always ready to answer your questions. You can call us at the weekends and at night.
Automate financial practices, by configuring with major accounting software.
Classification and matching of receipts as you pay. So now no hunting for missing receipts!
A user-friendly and intuitive dashboard to track all your employee expenses in real-time.
Sign up in minutes and shift all your business expenses to Volopay in just a few hours.
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