The Flex provides fully furnished apartments for short and medium-term stays across major global cities, combining the comfort of home with the flexibility of a hotel. With a presence in multiple countries, it streamlines operations across currencies, local vendors, and service providers to deliver a seamless living experience for business and lifestyle travelers.
For companies like The Flex that operate across borders, managing operations across multiple countries brings complex challenges, from dealing with long payment settlement times to the difficulty of maintaining visibility and control over spending in different currencies, bank accounts, and regulatory environments. Accurately and quickly reconciling expenses, without slowing down operations, is essential for scaling with consistency.
Before adopting Jeeves, managing expenses meant dealing with a patchwork of banking apps, shared cards, and offline reimbursement processes. “It worked when we were in one market, but once we had teams and suppliers in four countries, it became a headache,” says Michael Buggy, Co-Founder of The Flex.
With global cards, spend limits, and real-time visibility, Jeeves empowers each team to pay what they need, when they need it, while finance maintains oversight across regions. From cleaning teams to SaaS tools, The Flex keeps budgets tight while scaling its furnished short-term apartments business across borders.
Jeeves enables The Flex to:
• Issue local and virtual cards in multiple currencies
• Set role-specific spending limits per city or department
• Categorise property-level expenses with ease
• Track spend by project, market, or team in real-time
The result? A finance system that moves as fast as the operations team, without losing oversight.
Since partnering with Jeeves, The Flex has transformed the way it manages financial operations across multiple markets. By streamlining reconciliation, enabling precise budget control, and simplifying spend oversight during rapid expansion, Jeeves became a key enabler of their growth.
Since adopting Jeeves, The Flex has:
• Reduced monthly reconciliation time by over 70%
• Issued team-specific cards for each new city launch
• Centralised all operational spending into one dashboard
• Maintained tight budget controls while scaling to over 650 tenants placed
• The system is now a standard part of their market expansion model.
“Traditional corporate cards and banks just weren’t built for our use case,” explains Raouf Yousfi, CEO and founder of The Flex and Terra AI. “Jeeves gives us the control of a finance department with the speed of a startup. We use it daily.”
City managers in Lisbon or Paris can make local decisions, while HQ in London monitors budgets, tracks usage, and scales the playbook to new markets.
The partnership between The Flex and Jeeves not only optimized financial operations but also strengthened the foundation for accelerated and sustainable growth. For Raouf Yousfi, the choice was strategic from the very beginning:
“The earlier you set up your financial operating system, the more scalable your business becomes. Jeeves gave us the speed to move fast and the structure to stay in control — across every city we operate in,” says Yousfi.
“As The Flex targets 1,000+ units under management by 2027, Jeeves remains a critical part of the stack, ensuring every city, every property, and every transaction is accounted for, “ finishes Yousfi.
Discover how The Flex transformed its multi-market financial operations with Jeeves. By reducing reconciliation time, issuing city-specific cards for new launches, and centralizing spending into one unified dashboard, Jeeves empowered The Flex to scale with precision. Ready to streamline your operations? Start your journey with Jeeves today and power smarter, faster growth.