Payhawk Disrupts the Expense Management Market With New Enterprise Suite
- Management , Payments
- 05.10.2021 02:30 pm
Payhawk introduces industry-first 3% cashback on all payments, integration to Microsoft Dynamics 365, and Single Sign On for enterprise clients, as the company looks to disrupt corporate payments and expense management market.
Payhawk, the all in one finance system helping businesses spend effortlessly, has today announced an industry-first 3% cashback on all payments, integration to Microsoft Dynamics 365, Single Sign On for enterprise clients, as the company looks to disrupt corporate payments and expense management market. In addition, the company’s integration with both Google Pay and Apple Pay now reaches over 30 countries.
Payhawk’s new suite of enterprise tools and features are targeted at fast-growing multinational companies that are expanding their international presence, and need a strong and efficient financial stack to control company spend without prohibitive administrative overhead.
Hristo Borisov, CEO and Co-Founder of Payhawk said, “Currently, finance teams often use multiple disconnected tools for payments, invoices and expense management. Often paying hundreds of thousands of euros for license fees to different vendors that add the overhead of additional integration costs to the company’s main ERP system. We bring all these enterprise tools under one solution together with an industry first corporate card with 3% cashback capped at our subscription. This way, we reinvest a portion of the interchanges we earn from Visa to subsidize the licenses of our customers that spend heavily through corporate cards. Our customers get enterprise grade financial software with the most efficient company card free of charge.”
Payhawk combines payments, invoices and expense management as it closes the gap between banks and ERP (Enterprise Resource Planning) systems. As a result, Payhawk empowers finance teams to reduce manual work, keep tight control of budgets in real-time, and fully automate spend across every payment method. Instead of using 5-6 tools across multiple markets, Payhawk delivers a single solution for finance teams that can serve businesses in over 30 countries.
The new pricing plans are available on www.payhawk.com and new customers can sign-up from today.
Payhawk also announces live reconciliation of expenses and payments to Microsoft Dynamics 365 Business Central streamlining all administrative work around managing company spend. Single sign-on with support for SAML and Active Directory is also making its debut for enterprise customers that want maximum security and easy access of employees to company cards, reimbursement claims and more.