The first half of the year is over!! It’s been awesome months of working on different features to help your business streamline financial operations and we are excited always to develop new product features to optimize your financial processes further.

This month, we are introducing our Team-based expense feature. This feature is especially beneficial for mid-sized and enterprise-level businesses with complex payment needs and the necessity for robust financial controls. Our solution centralizes payment management, helping businesses minimize the risk of errors, fraud, and unauthorized transactions.

Interested in seeing how this feature works? You can watch the video below or book a demo here.

Key Benefits of the Team-based Expense Feature

Real-time Visibility and Reporting: The team-based expense feature provides businesses with real-time visibility into their payment activities, including transaction history, pending approvals, and payment status. This enables teams to make informed decisions and generate customized reports for better financial management.

Improved Collaboration: Also the team-based expense feature facilitates better collaboration among team members, as they can work together on payment-related tasks, share information, and resolve issues in a centralized platform. Also, expenses could be raised from dedicated expense accounts as desired by the business for easy reconciliation

Enhanced control and transparency: Get details on team expenses, minimize errors, and manage spend across the organization. Team members can initiate requests however you can approve based on your organization’s policy and funds availability.

Our new team-based expense feature is designed to streamline your financial operations, enhance collaboration, and foster transparency within your organization. Don’t miss the chance to optimize your business’s expense processes. Book a demo now and experience the benefits firsthand!

Frequently Asked Questions

What is the price?

• Team-based payment is available on the Essentials plan, once you are on the plan you have access to the services available here. Speak to our sales team to get started.

How can I access the service?

• The service is available round the clock and can be accessed from the Duplo dashboard via a desktop or mobile device.

What happens if the Head of Department or Approver is away?

• You can simply switch to an available team member from the ‘Settings’ tab on the dashboard.

What if I want my payment to be approved people based on amounts?

• Sure, our platform allows businesses to set up multi-level approval workflows for payments, ensuring that transactions are reviewed and approved by the appropriate personnel before being processed. This helps mitigate the risk of unauthorized payments and ensures that all financial decisions are aligned with the company’s policies.

Can I have my team members do other things aside from raising expenses?

• Certainly! Businesses can create custom roles and assign specific permissions to their finance team members, ensuring that each employee has the appropriate level of access to payment-related activities. This helps maintain a clear separation of duties and enhances overall financial governance.

Do you have further questions or clarifications regarding the team-based expense feature? You can send a mail to sales@tryduplo.com or book a demo using this link