Payhawk
Payhawk is a comprehensive spend management platform that combines corporate cards, reimbursable expenses, and accounts payable into a single automated solution to help businesses control global spending and streamline accounting.
Spendesk
Spendesk is an all-in-one spend management software that helps finance teams and employees track company expenses, process invoices, and manage corporate cards in one centralized platform.
Quick Comparison
| Feature | Payhawk | Spendesk |
|---|---|---|
| Website | payhawk.com | spendesk.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2018 | 2016 |
| Headquarters | London, UK | Paris, France |
Overview
Payhawk
Payhawk is an all-in-one finance platform that helps you manage company spending from a single dashboard. Instead of juggling multiple tools for credit cards, out-of-pocket reimbursements, and supplier invoices, you can centralize everything in one place. You can issue physical and virtual cards to your team with built-in spending limits and automated approval workflows that ensure every penny spent aligns with your company policy.
The platform automates the tedious parts of accounting by capturing receipts via a mobile app and extracting data instantly using OCR technology. It integrates directly with your existing ERP or accounting software, like NetSuite or Microsoft Dynamics, to sync transactions in real-time. This eliminates manual data entry and helps you close your monthly books much faster while maintaining full visibility over your global cash flow.
Spendesk
Spendesk is a comprehensive spend management platform designed to give you complete control over every dollar leaving your business. Instead of chasing paper receipts and manual spreadsheets, you can manage company cards, employee reimbursements, and supplier invoices through a single, automated interface. It bridges the gap between your finance team and employees, ensuring everyone follows spending policies without slowing down operations.
You can issue physical or virtual cards with pre-approved limits, automate VAT extraction, and sync all transaction data directly with your accounting software. The platform is built for mid-sized companies looking to eliminate manual data entry and gain real-time visibility into their budgets. By decentralizing the spending process while maintaining centralized oversight, you reduce the risk of fraud and ensure your month-end closing happens in days rather than weeks.
Overview
Payhawk Features
- Smart Corporate Cards Issue physical and virtual cards with custom spending limits and automated approval rules to control budgets in real-time.
- Automated Data Extraction Snap a photo of any receipt and let the AI extract dates, amounts, and VAT automatically to eliminate manual entry.
- Global Accounts Payable Manage and pay supplier invoices across multiple currencies and countries while maintaining a clear digital audit trail for every payment.
- Real-time ERP Sync Connect your spending data directly to NetSuite, SAP, or Microsoft Dynamics with automated mapping for seamless month-end closing.
- Subscription Management Track all your recurring software subscriptions in one view to identify duplicate seats and prevent unwanted renewals or overspending.
- Reimbursable Expenses Let your employees submit out-of-pocket claims through the mobile app for quick approval and automated repayment via bank transfer.
Spendesk Features
- Smart Corporate Cards. Issue physical and virtual cards with individual spending limits and automated approval workflows to keep budgets on track.
- Automated Receipt Capture. Snap photos of receipts with your mobile phone to automatically match them with transactions and extract VAT data.
- Invoice Management. Centralize your supplier invoices in one place and automate the approval process from submission to final payment.
- Employee Reimbursements. Submit out-of-pocket expenses digitally and get reimbursed faster through automated claims processing and finance team approvals.
- Real-time Budget Tracking. Monitor your department spending against live budgets so you always know exactly how much capital is remaining.
- Accounting Integrations. Sync your categorized expense data directly with Xero, NetSuite, or QuickBooks to eliminate manual data entry errors.
Pricing Comparison
Payhawk Pricing
Spendesk Pricing
Pros & Cons
Payhawk
Pros
- Excellent mobile app for quick receipt uploads
- Seamless integration with major ERP systems
- Real-time visibility into employee card spending
- Responsive customer support for technical setup
- User-friendly interface for non-finance employees
Cons
- Initial setup of accounting categories takes time
- Card delivery can be slow in some regions
- Higher price point than basic expense tools
Spendesk
Pros
- Eliminates the need for manual receipt chasing
- Virtual cards provide high security for online subscriptions
- User-friendly mobile app for employees on the go
- Seamless integration with major accounting software packages
- Significantly speeds up the month-end closing process
Cons
- Initial setup and card shipping can take time
- Pricing is not transparent on the website
- Occasional delays in transaction syncing for some banks