Divvy is a financial services company that provides corporate credit cards to organizations and streamlines their expense management systems. The streamlining, in turn, helps organizations to cut back on unnecessary spending and bring more transparency into the system.
Top Divvy Alternatives
- Zoho Books
- SAP Concur
- ONE UP
Top Divvy Alternatives and Overview
FreshBooks is an intuitive accounting software that you can access from anywhere, with automatic upgrades.
QuickBooks is an online accounting software that you can access and manage from anywhere.
Bonsai is an invoicing tool that does more than taking care of bills.
Zoho Books provides an online accounting software for small business to keep their cash flow under control.
Yendo provides cloud accounting software, cloud CRM software, cloud payments software, and newsletter software used by companies in 17 countries.
Certify is an expense management software that lets organizations keep track of all expenses using one application and saves the efforts of their Finance team so that they can concentrate on planning better things for the organization.
The software is designed for small business and enterprise from New Zealand and Australia...
The expenses maintained need not be confined to just a few official tasks as SAP...
It features all-in-one dashboard, professional estimates, good-looking invoice, simple expense tracking, better project visibility, time...
It features intuitive UI, anywhere access, quick setup, data transfer, invoice creation, credit control, quotes...
Global giants like Swiss Air, Burger King, and Deloitte rely on Rydoo for managing their...
Started in 2008, this accounting software has 100+ accounting partners in Poland, 14 million+ invoices...
It features transaction management, cash flow management, instant access, asset insights, bank upload, reports, analytics...
They offer all the standard features for accounting and bookkeeping such as bank account integration...
Divvy Review and Overview
Organizations have to incur a lot of expenses as a part of their day-to-day operations. From sponsoring business trips of employees to procuring material for different departments, the expense list goes on and on. While the bigger organizations have a set procedure for claiming such expenses, the smaller ones generally don’t.
They rely on the employees’ words and reimburse the expenses. Additionally, they do not have the infrastructure to build procedures around expense management, and hence the rudimentary processes carry on. While the process may seem simple, it soon starts to create a number of problems for the organization. For one, most expenses go unchecked, leading to a rise in unnecessary spending.
The Divvy advantage
For cash strained businesses, this can turn out to be a major issue. Apart from these, the overall cash flow in the organization also takes a hit. Organizations end up spending on things they don’t really need and then do not have the capital for things that really matter. To solve such expense-related issues and help organizations streamline their spending activities, Divvy offers a corporate credit card that comes with no extra cost. The credit card has wide acceptability and can be used by employees to pay for a variety of expenses. From hotel bills to procuring office stationery to paying for miscellaneous expenses, the card can be used everywhere.
Efficient expense management system
Additionally, Divvy offers a dedicated mobile app that lets employees categorize their spending in real-time. This enables the managers and business owners to have real-time visibility of the expenses and track their expenses easily. Such visibility and tracking allow the managers to make the expense management systems more transparent and manageable.
To further enhance the convenience for users, Divvy also offers integration with Intuit Quickbooks. The use of credit card, coupled with the streamlined expense management systems make it extremely convenient for organizations to handle their expenses and spend on essential resources.
All-in-all, the credit card offered by Divvy can be a good addition to an organization’s expense management system, and its use would help the organization to not only cut back on expenses but also use its capital more judiciously.
Company Name: Divvy Inc.
Founded in: 2016