Soldo

What Soldo is

Soldo combines business cards, software, a mobile app, and payment options to help businesses manage spending. Finance teams can set budgets, spending limits, approval rules, and real-time alerts before money leaves the account. Employees can use Soldo cards and the mobile app to capture receipts, attach them to transactions, and add notes, categories, and tax rates. Businesses use the platform for travel and expenses, team budgets, and unpredictable spending. Soldo lists integrations with SAP Concur, Xero, Sage Accounting, QuickBooks, DATEV, Exact Online, FreshBooks, and NetSuite. Custom integrations are available through its API or with help from its Professional Services team, and it provides a Business API. Standard includes one wallet, three users, three physical or virtual cards, up to 20 outbound bank transfers per month, role management, and mobile receipt capture. Plus includes three wallets, three users, three cards, up to 30 transfers per month, team budget wallets, and multi-currency spending. Unlimited offers unlimited wallets, users, cards, and outbound transfers, with a price on request. Soldo has no free plan and offers a 30-day trial. It says the service works alongside a business bank account and is available to incorporated businesses, not sole traders.

Who it suits

Soldo suits incorporated businesses that want to manage team spending, cards, budgets, and receipts in one service. It is not currently available to sole traders and does not replace a business bank account.

Limits

Standard allows one wallet, three users, three physical or virtual cards, and up to 20 outbound bank transfers per month. Plus allows three wallets, three users, three cards, and up to 30 outbound transfers monthly; Unlimited removes those listed wallet, user, card, and transfer limits but is priced on request.

Getting started

1. Open the Soldo website
2. Start the 30-day trial
3. Choose a Standard, Plus, or Unlimited plan
4. Set up wallets, users, cards, budgets, and approval rules
5. Connect supported accounting software or use the Business API
6. Use the web, iOS, or Android app to manage spending and receipts

Verdict

Soldo combines company cards and payment options with expense controls and receipt handling. Check eligibility and possible additional fees, and request pricing for a plan.