Custodia Features
What are the features of Custodia?
Setup
- Data
- Approvals
- Alignment
Performance
- Savings
Payment Cards
- Recurring Virtual
- Physical
Reporting
- Real time
- Multiple Views
- Export
- Budgets
Payments
- Vendor
- Recurring
Fraud & Risk Management
- Notifications
- Unique Cards
- Controls
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Filter for Features
Setup
Data | Based on 46 Custodia reviews. Consolidates procurement data from multiple systems such as ERP systems and supply chain suites. | 92% (Based on 46 reviews) | |
Approvals | Based on 45 Custodia reviews. Define rules and workflows that managers can use to approve different kinds of spending. | 94% (Based on 45 reviews) | |
Alignment | Align spending across various departments such as procurement and accounting. 42 reviewers of Custodia have provided feedback on this feature. | 90% (Based on 42 reviews) |
Performance
KPIs | Provide standard spend KPIs that can be customized by users. 35 reviewers of Custodia have provided feedback on this feature. | 92% (Based on 35 reviews) | |
Benchmarks | Based on 32 Custodia reviews. Use historical spend data to create benchmarks per company or department. | 89% (Based on 32 reviews) | |
Forecasting | As reported in 33 Custodia reviews. Provide forecasts on future trends that may impact spending performance. | 90% (Based on 33 reviews) | |
Savings | Identify savings opportunities per activity, department, or at the company level. This feature was mentioned in 38 Custodia reviews. | 92% (Based on 38 reviews) |
Payment Cards
One-time Virtual | Online credit card number that can be instantly sent to employees and used for secure, one-time purchases 35 reviewers of Custodia have provided feedback on this feature. | 95% (Based on 35 reviews) | |
Recurring Virtual | Online credit card number that can be instantly sent to employees and used for secure, recurring payments, such as subscriptions or services 38 reviewers of Custodia have provided feedback on this feature. | 94% (Based on 38 reviews) | |
Physical | Physical credit cards used by employees for various expenses that allow management to monitor spending and budgets This feature was mentioned in 41 Custodia reviews. | 95% (Based on 41 reviews) |
Reporting
Real time | As reported in 44 Custodia reviews. Report on spend transactions as they happen in real time | 95% (Based on 44 reviews) | |
Multiple Views | Reports that allow the user to sort and filter by vendor, team, GL, department, etc. 40 reviewers of Custodia have provided feedback on this feature. | 91% (Based on 40 reviews) | |
Export | The ability to export reports in various formats, such as excel, CSV, and Google Sheets 39 reviewers of Custodia have provided feedback on this feature. | 92% (Based on 39 reviews) | |
Budgets | Based on 44 Custodia reviews. Report on and track spending against budgets | 95% (Based on 44 reviews) |
Payments
Vendor | Pay vendors through a dashboard or portal and maintain vendor payment information This feature was mentioned in 38 Custodia reviews. | 87% (Based on 38 reviews) | |
Recurring | As reported in 40 Custodia reviews. Manage and execute recurring payments, such as subscriptions, services, utilities, etc. | 90% (Based on 40 reviews) | |
Employee Reimbursements | As reported in 37 Custodia reviews. Reimburse an employee for all necessary expenditures or losses incurred by the employee within the employee's scope of employment | 93% (Based on 37 reviews) | |
ACH | As reported in 27 Custodia reviews. Allows for the electronic transfer of funds between banks | 85% (Based on 27 reviews) |
Fraud & Risk Management
Notifications | As reported in 43 Custodia reviews. Real-time notifications for fraudulant and/or duplicate spending | 92% (Based on 43 reviews) | |
Unique Cards | Based on 41 Custodia reviews. Individual, unique cards for each vendor to help manage duplicate and overpayments | 97% (Based on 41 reviews) | |
Controls | Based on 38 Custodia reviews. Control spend limits, expiration dates, and lock and unlock stolen or lost cards | 94% (Based on 38 reviews) |
