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Soldo Reviews & Product Details

SH
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

Implementation was very easy with support on how to get the best out of Soldo, ordering of cards and setting up wallets were easy to do.

Soldo customer support is excellent with knowledgeable staff alway happy to help guide you

The software is easy to use with well laid out screens

Once up and running we found that their was no need to chase for receipts as the mobile app lets you take a photo and upload

Approvals can be done by mobile phone and you can restrict the general ledger codes that items can be posted to

Certain spend can be blocked and credit limits applied to each card

There are constant improvments being implemented

Regular meetings with Customer Success Manager and Account Managers Review collected by and hosted on G2.com.

What do you dislike about Soldo?

Integration with NetSuite was not easy and we had to have a few attempts to get it to work correctly Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Approvals by Managers are now done on a timely basis

Collection of receipts have increased with little or no chasing needed

Integraton with NetSuite means that data does not need to be entered twice, also removes data entry errors Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Syed, We really appreciate you taking the time to leave us a review and are so glad to hear that Soldo is supporting you and the business in so many ways. It's great to hear that receipt capture and approvals are both areas where you have noticed a real benefit.

Thank you for your feedback regarding the integration with Netsuite, it's really beneficial as it helps us to address these challenges moving forward. As you said, once it is integrated it saves time on data entry and removes errors.

Thanks again for your feedback, we look forward to continuing to work with you.

Best regards

The Soldo Team

Soldo Overview

What is Soldo?

Soldo is the proactive spend management solution that frees progressive businesses to accomplish more. Over 25,000 organisations across 31 countries use Soldo to end slow, messy, and inefficient spending, bringing financial agility and control over every expense. Soldo frees finance with a uniquely proactive approach to managing decentralised spending. By combining a powerful spend management platform, user-friendly app, and versatile payment methods, Soldo automates expense admin to eliminates the inefficiency in managing business spending. By proactively managing decentralised spend, organisations empower employees to spend when and where it's needed, keeping productivity high while avoiding month-end surprises.

Soldo Details
Product Website
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Soldo Community
Languages Supported
German, English, French, Italian, Dutch, Spanish
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Product Description

Soldo Business offers multiple Mastercard cards linked to a smart account, with easy controls and effortless reports.

How do you position yourself against your competitors?

Soldo automates 80% of your manual financial processes

Soldo cuts 16 hours of expense processing per employee per month.

Soldo 6 saves days each month spent on reconciliation.


Seller Details
Seller
Soldo
Company Website
Year Founded
2014
HQ Location
London, England
Twitter
@SoldoBusiness
4 Twitter followers
LinkedIn® Page
www.linkedin.com
355 employees on LinkedIn®
Description

Soldo is the proactive spend management solution that frees up businesses to accomplish more. We champion the notion of Progressive Finance, because we believe in a decentralised approach to financial decision-making and greater spending autonomy for everyone. Over
5,000 organisations across 31 countries use Soldo to bring order, efficiency and agility to their decentralised spending, and empower the whole company to spend safely and responsibly. By combining pre-programmed cards, a user-friendly app and a powerful spend management platform, Soldo enables decentralised spend decisions and frees everyone from tedious admin, while ensuring compliance. Everyone gains back time to focus on the things that matter. For Finance teams, that means more time for the rewarding parts of your role, such as in-depth data analysis, defining overall business strategy, and implementing process improvements that empower everyone to achieving business goals.


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Overview Provided by:

Recent Soldo Reviews

SD
Sinead D.Mid-Market (51-1000 emp.)
4.0 out of 5
"Good knowledgeable staff at soldo"
quick response time from staff emails responded to quickly
RD
Rebecca D.Enterprise (> 1000 emp.)
5.0 out of 5
"Soldo Review"
Very inutitive. Easy to use. Prject Manager support excellent. Ability to upload receipts and connect to Apple pay. Ability to drag and drop receip...
PC
Paddy C.Mid-Market (51-1000 emp.)
4.0 out of 5
"The experience in general has been very good."
I like how easy it is for users to block the card etc., which is really good for Security. The customer support has been brilliant. I have always f...
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Soldo Media

Soldo Demo - The definitive decentralised spend management platform
Free your business from slow, messy, inefficient spending by adopting a proactive solution enabling everyone to accomplish more.
Soldo Demo - Pre-paid cards
Create rules to set spend limits and control use including types of transactions, geographic regions, and merchant categories.
Soldo Demo - Run real-time transaction reports.
Get detailed, real-time reports on company spending across all your transactions by wallet, card, group, and fuel spend. And then export reports in multiple file formats.
Soldo Demo - Real-time dashboard
Create real-time reports across all your payments and produce Excel, PDF, and other data exports, to save time and effort.
Soldo Demo - Wallets
Organise funds in multiple currencies, then ringfence money for specific individuals, teams, projects, or departments and keep on top of company spending.
Soldo Demo - Receipts
Soldo’s Mobile App gives employees and admins the tools they need to manage and support expenses on the go.
Liberate Finance. Accomplish More with Soldo
Play Soldo Video
Liberate Finance. Accomplish More with Soldo

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172 out of 173 Total Reviews for Soldo

4.5 out of 5
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172 out of 173 Total Reviews for Soldo
4.5 out of 5
172 out of 173 Total Reviews for Soldo
4.5 out of 5

Soldo Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for SoldoQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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IF
Business Process Analyst
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

I appreciate thef lexibility of Soldo and the intuitive nature of the system. The presentation is professional and accessible and when I am sharing it with hundreds of colleagues I have faith that they see it as a professional and easy to use.

The customer support aspect from both a development perspective and the ad-hoc queries submitted through the chat function are great Review collected by and hosted on G2.com.

What do you dislike about Soldo?

Soldo is a flexible malleable system but it is let down by the inability to report. We have upgraded to Enterprise and I can now, for example, create bulk rules for cards - great! But I am unable to review this data to understand how many colleagues are in each group. This lack of insight means a lot of administration outside of the system. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Soldo is solving the issue of collating evidence and coding transactions. Previously we received paper statements and the reconciliation was completed at the end of the month. This caused delays and missin details as staff mvoed on / lost or forgot evidence and coding. It is solving the problem of engaging non-finance staff with finance tasks Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Ian, we really appreciate you taking the time to leave us a review. It's great to hear how Soldo is is solving the problem of engaging non-finance staff with finance tasks, as well as saving you time.

Thank you for your feedback regarding reporting. We're currently working on enhanced reporting functionality to provide more granular transparency over individual configurations, including the ability to export so customers can better review their data

Thanks again, we look forward to continuing to work with you.

Kind regards

The Soldo Team

PC
Trainee Management accountant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

I like how easy it is for users to block the card etc., which is really good for Security. The customer support has been brilliant. I have always found it easy to get in contact with someone when I have needed it, and the implementation was made easy with the calls. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

I have found it all very good. I found it slightly complicated at first, howeverm as i have used it I have found ti much easier and really like it. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

It is allowing us, as administrators to review what our staff our spening. The ability to instantly upload reciepts is really great, and saves us lots of time. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo
(Original )

Dear Paddy

Thank you for taking the time to give your feedback, we really appreciate it. It's great to hear that Soldo is providing you with an overview of staff spending and saving you time with receipt uploads.

We're happy to know that our support team have been a great help, we are always here if you need any further support.

Thanks again for your time.

The Soldo Team

Rory M.
RM
Assistant Accountant
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

Soldo does a really good job of automating petty cash processes and allows us to set up automatic top-ups and integration with our ERP system. This makes it an easy process for finance teams and allows us to refocus our time elsewhere. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

I think there is potential for the reporting aspect to improve with Soldo. In this ever-changing world we are seeing visual reporting becoming more important and this further makes the process easier to use for the user if visual dynamics were in place. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

It helps us to automate our petty cash process and this is freeing up a lot of our time to focus on managing spend and other jobs around the department. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Rory, thank you for taking the time to leave us a review. We're glad to hear that Soldo is helping to automate your petty cash processes and freeing up your time to focus on managing spend and other departmental tasks.

Your feedback on reporting is really valuable. We're currently working on enhanced reporting functionality to make it more useful for customers. Please reach out to your Customer Success Manager to discuss in more detail.

Thanks again, we look forward to continuing to work with you.

Kind regards

The Soldo Team

Verified User in Hospital & Health Care
AH
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

Expense Management Automation: Soldo simplifies the process of tracking and managing expenses by automating tasks that are typically manual. This reduces administrative overhead and makes financial management more efficient.

Prepaid Cards with Controlled Spending: The ability to issue prepaid company cards with customizable spending limits and restrictions allows businesses to control budgets effectively. This feature ensures that employees have access to funds while maintaining oversight.

Real-Time Reporting and Insights: The platform provides real-time visibility into transactions, enabling companies to monitor spending instantly. This helps in making informed financial decisions and maintaining accurate cash flow projections.

These features make Soldo an excellent tool for businesses looking to simplify expense management while maintaining robust financial oversight. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

Fees and Pricing Structure: Depending on the plan selected, some users might find the pricing structure a bit steep, especially when additional cards or features incur extra costs. This can make it less attractive for startups or smaller organizations working with tighter budgets. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Problem: Businesses often rely on manual processes for tracking expenses, which can be time-consuming and error-prone.

Benefit: Soldo automates expense tracking by allowing employees to use prepaid cards and instantly upload receipts. This reduces manual data entry, minimizes errors, and saves time for finance teams and employees. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear user, thank you for taking the time to leave us a review. It's great to hear how Soldo is reducing manual data entry, minimizing errors and saving both your finance team and employees time. We'd love to hear more about how it is helping you, if you reach out to your Account Manager they will be in touch.

We look forward to continuing working together.

Kind regards

The Soldo Team

Verified User in Non-Profit Organization Management
AN
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Soldo?

The customer service provided by our relationship Manager is excellent, he provides hands on support which has been very helpful with the launch of Soldo card.Soldo are continously improving features. The platform and the app are easy to use. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

Soldo Funds request feature should show which Card are the funds being requested for.

As we have about 400 card users, it can get difficult for us to contact them via email to request further information about the expense. It would be helpful if we could send an email or messgae regarding a transaction directly from Soldo portal. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Card holders can write a description of the spend, allocate the relevant budget and gl code, upload receipts. This makes it easier for us to download the transaction report and record it in our Accounting system. However, as we have more than 400 users it is difficult for us to review each transaction's back up documents. Review collected by and hosted on G2.com.

Response from Valerio Rossetti of Soldo

Dear Customer,

We really appreciate you taking the time to leave a review and are happy to hear that you've had a great experience with our account manager and user friendly platform. We are constantly updating and improving our features, so we will certainly send your feedback about having the possibility for a user to choose which card the funds are requested to for rather then only the user's wallet.

Thanks for your time and we look forward to continuing to work with you.

The Soldo Team

JW
Accountant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

The soldo implemantation process was working fast and easy in cooperation with our coustomer success manager. We have been supported with training sessions for the admins and the users. The Soldo Web-console and the Soldo App are both very user friendly. The functions are easy to understand and to use. The differnet functions in the system give us the opportunity to create the account as we need it for our company with custom made roles and permissions, our own review process, custom made lists, reports etc. The Soldo team is always very helpful if something isn´t working or if I need help with anything in the system. The replys are very fast and always helpful. Our coustomer success manager Alex is working very closely with us and keeps us updated about new updates, new functions and improvements in the system. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

I don´t have anything that I dislike about Soldo. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Soldo provides us an more efficient and timesaving way to manage the expenses in the whole company. The users are able to upload receipts from all over the world directly after the purchase with their mobile phones. The accounting department can immidiately see these and keep workig with it. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Julia, we really appreciate you taking the time to leave us a review. It's great to hear that you're benefiting from more efficient and timesaving ways to manage expenses across the whole business! We're also glad custom roles, permissions, review processes and lists have enabled you to replicate your organisations structure within Soldo.

We're happy to know that our support team, as well as Alex, have been a great help, we are always here if you need any further support.

Thanks again for your time.

The Soldo Team

NS
Deputy Director
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

Easy to use for frontline staff, good reporting for the back office. Straightforward to set up and now we have the virtual cards no-one can lose them! Review collected by and hosted on G2.com.

What do you dislike about Soldo?

no easy integration with Sage which means we have to manually input information at times. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

We needed a solution for staff on the ground to spend money without having to handle cash, and for there to be good reporting in place so we can keep a close eye on where money is going. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Naomi, we really appreciate you taking the time to leave us a review. We're glad to hear how Soldo is providing an easy-to-use solution for your frontline staff and that virtual cards have been helpful in preventing losses.

Thank you for your feedback regarding the integration with Sage. Please reach out to your Account Manager as we'd love to learn more about your challenges.

Thanks again, we look forward to continuing to work with you.

Kind regards

The Soldo Team

RD
Trainee Management Accountant
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

Very inutitive. Easy to use. Prject Manager support excellent. Ability to upload receipts and connect to Apple pay. Ability to drag and drop receipts in. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

Not being able to drop outlook receipts in. The request emails not transferring the amount of the request across. Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Easier to draw reports. Easier to receive returns from the business and a lrge group of people - much more on the go. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Rebecca

Thank you for taking the time to give your feedback, we really appreciate it. We're glad to hear that you find it intuitive and easy to use.

We're sorry to hear about the issue you are having with dropping outlook receipts in. Please reach out to your Account Manager who will be happy to discuss with with you.

Thanks again for your time.

Kind regards

The Soldo Team

LH
Finance Officer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Soldo?

Its straight forward, easy to naviage on the website, reports are informative. Customer support is very good Review collected by and hosted on G2.com.

What do you dislike about Soldo?

the app can be a bit slow and needs updating quite frequently Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

We have a better overview of where most of the funds are going against, we can fiter the reports into different categories and to up budgets on each department for staff to keep a better account of what the spend the most on. Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear Louise, we really appreciate you taking the time to leave us a review. We' glad to hear how Soldo is helping you have better oversight of funds and budgets.

Thank you for your feedback regarding the app, we have passed this on to our product team.

We look forward to continuing working together.

Kind regards

The Soldo Team

Verified User in Entertainment
AE
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Soldo?

Soldo provides us a more efficient and timesaving way to manage the expenses. With each production having its budget in a separate Soldo wallet with dedicated cards for each user, we instantly have clear visibility of spend per production. It's reduced our need for cash and allowed us to track spend as it happens from anywhere in the world. Soldo has also simplified approvals and reporting processes too. Review collected by and hosted on G2.com.

What do you dislike about Soldo?

Will be helpful some additional visibilty on the tracking balances by card Review collected by and hosted on G2.com.

What problems is Soldo solving and how is that benefiting you?

Saves a lot of time in creating and manage the expenses as well to monitorize the balances by production Review collected by and hosted on G2.com.

Response from Natasha Gabriel of Soldo

Dear User, we really appreciate you taking the time to leave us a review. It's great to hear how Soldo is enabling your production company to better organise and track spending per production.

Thank you for your feedback relating to visibility of card balances. If you reach out to your CSM they will be able to support you with funcitonality relating to this.

Thanks again, and we look forward to continuing to work with you.

Kind regards

The Soldo Team