In property and facilities management, much of the work is reactive by nature. From emergency repairs to urgent supplier payments, teams on the ground need to act fast to keep operations moving smoothly. But when spend is managed through petty cash, shared cards or reimbursement, it slows everything down. It creates friction for those trying to get the job done and adds complexity for those trying to stay on top of the numbers.
This type of operational spend may seem minor, but it carries a big burden. It accounts for around 80% of all transactions yet only 20% of total spend (Source: Soldo Core Finance Research, 2024), creating a disproportionate amount of admin for finance teams who are left chasing receipts, approvals and clarity long after the payment has been made.
The result? Operations lack flexibility. Finance lacks visibility. And both lose valuable time.
Soldo is changing that. By combining prepaid company cards with intuitive controls and automated expense management, we help businesses take the guesswork out of operational spending. Employees can pay for what they need within the limits finance defines. Every transaction is tracked and categorised instantly. Budget owners can approve, assign, or top up funds with a few clicks. No more chasing receipts. No more manual reconciliation. Just one place to manage spend without compromising speed or control.
That value multiplies in industries where spend is distributed across multiple sites and teams. Where urgency is the norm. And where finance is often left catching up.
For example, Bruntwood who offer workspaces for all needs, replaced approximately 35 petty cash pots and reduced reliance on reimbursements by centralising all spend activity in one platform. Property Management company, Urbanbubble, improved working cash flow by 70% by linking spend to site-specific budgets avoiding the need to fund purchases up front and recover costs later. Across the board, finance teams are saving multiple days each month previously lost to manual reconciliation.
This is not just about better processes. It is about freeing finance to focus on what matters while empowering teams to deliver faster, with less friction.
Explore how smarter spend management helps finance and operations do more, together.
