If you’re the head of finance at a high-growth company, you may want better expense software for businesses in global expansion that can handle international employee spending. Your current tools may cause issues, such as:
We’ve faced the exact same struggles as founders of fast-paced global businesses. We designed Jeeves so you can avoid these growth-slowing roadblocks as you enter new international markets.
In this article, we’ll compare the best expense software for small business and mid-market companies with multi-geo locations:
Need tighter control over your international team’s business spend? Sign up for Jeeves in 5 minutes to stop overspending with our expense software for multi-location businesses.
Since we’re the ones writing this article, we thought we’d start with our expense software for businesses, Jeeves.
We designed Jeeves to be the all-in-one international payment and expense management platform you need to expand your multi-geo company without administrative hassles. Each aspect of Jeeves helps you bypass processes that increase your finance team’s workload and make staying within budget difficult.
Your Jeeves account gives you one streamlined tool to consolidate your global payments and expenses, including:
Here’s how Jeeves can help rein in your multi-geo employee spending:
It’s hard to track business spend when employees turn in personal expense reports with missing details or your finance team needs to download different sets of data from scattered payment accounts. Your team may discover overspending, misuse, and redundant purchases only months later.
International companies in multiple countries like yours don’t need more payment tools. You need one tool that reduces the extra admin without exploding your costs.
With Jeeves, you can stop overspending before it happens with:
As a growing global business, your collection of local bank accounts, tools and payment providers may help reduce foreign exchange (FX) fees, but it could cost more than you realise. You might not need so many accounts to keep your overhead costs or currency conversion fees low.
One Jeeves account could help you bypass the slow-moving approval process to acquire multiple accounts in different countries. Your Jeeves account includes free expense management software, giving you immediate access to your worldwide purchase data in seconds.
Here’s how Jeeves can give you a clear view of employee purchases and more:
When your team’s spread out in multiple countries, it’s not always easy to get corporate expense cards in their hands without red tape and multiple fees.
We’ve been there too. It’s why Jeeves gives you unlimited virtual and physical cards at no additional cost. You’re not limited to cards in your home currency either.
With Jeeves you can:
For example, let’s say you’re a Canadian company with plenty of vendors based in the US. You could choose to receive your credit in US dollars to avoid exchange fees because you’d be paying in the local currency. Then, if most of your clients pay in Canadian dollars, you could choose to pay your credit statement in CAD instead.
Your finance team adds hours to their schedule every time they have to exchange emails for employee expense or reimbursement approvals. Then they often need to ask for missing purchase details from staff.
You could avoid all this extra work and let your employees relay all the necessary information with individual user profiles for each physical or virtual cardholder.
Inside Jeeves, each cardholder can:
Everything syncs up with your accounting system for a streamlined expense reporting experience.
Whenever you need help or more credit, you probably have a long list of account managers to contact for each credit card, payment, or banking account in each country.
With Jeeves, you’ve got one account, one credit limit and one source of data for your worldwide payments system (including employee cards and an accounts payable solution). That means you’ll have one account manager to contact when cash flow challenges pop up.
A Jeeves account including expense software works best for the following types of businesses:
Our application process only takes five minutes with responses in as little as 24 hours. Here are a few requirements you should know about:
Even though we’re biased, we realise Jeeves may not be right for every company’s business needs. Here are four more expense software for businesses that may be a better fit for yours:
Expensify is an American company originally developed for personal use, entrepreneurs and small business owners without a finance team to support them. This expense report software solution specialises as an automated expense tracker with integration with most accounting software.
Available in these countries: US, UK, Australia
Zoho Expense is a global expense management solution that can help streamline your employee expense reporting without proprietary credit cards in most countries. Their cloud-based system is compatible with their suite of accounting software and most business tools.
Available in these countries: US, UK, Canada, Australia, Mexico, India, Saudi Arabia and the United Arab Emirates (plus a non-country-specific global version).
Pleo is a Danish company specialising in expense management for businesses in most European countries. Their expense tracking software helps small and medium-sized businesses (SMBs) manage expenses and reimbursement.
Available in these countries: UK, Ireland, Denmark, Germany, Norway, Sweden, Luxembourg, Austria, Belgium, Netherlands, Italy, France, Portugal, Spain, Finland, and Estonia.
Brex is a US company with an expense management solution for incorporated businesses with US billing addresses. They offer a business bank account, corporate cards, and financing mainly to late-stage startups with funding.
Available in these countries: US corporations with American billing address (can also have subsidiaries in multiple countries).
Jeeves can help you track of company spending and prevent unnecessary purchases, even with employees in multiple countries using different currencies. With your Jeeves expense software for multi-geo businesses, you can:
Ready to streamline your employee expense management? Get started with Jeeves' expense software for businesses in 5 minutes today. You can get a response in as little as 24 hours.
Written by: Suzanne Berthuy