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Spendesk

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Company health

Employee growth
23% decrease in the last year
Web traffic
10% decrease in the last quarter
Financing
October 2021 - $312M

Ratings

Glassdoor
4.2/5
(267)

Spendesk description

Spendesk is a spend management software that combines corporate cards, expense reports, and invoice payments in one platform. It helps mid-sized businesses track spending, automate approvals, and simplify accounting. Features include budgeting, virtual cards for online purchases, and integrations with accounting software. Spendesk aims to save businesses time and money by streamlining the entire spending process and providing real-time visibility into company finances.


Who is Spendesk best for

Spendesk streamlines spend management for mid-sized businesses by combining corporate cards, expense reports, and invoice payments into one platform. Users praise its user-friendly interface, virtual cards, and expense tracking. However, some report issues with customer support and limited availability. Spendesk integrates with accounting software to simplify financial processes and provide real-time visibility into company finances.

  • Best for mid-sized businesses (50-1000 employees) with a dedicated finance team.

  • Suitable for most industries, including Healthcare, Finance, E-commerce, Retail, and more.


Spendesk features

Type in the name of the feature or in your own words tell us what you need
Supported

Spendesk supports creating and sending invoices to clients.

Supported

Spendesk offers company cards integrated with its expense management software.

Supported

Spendesk supports procurement management, including purchase orders, requisitions, and fulfillment.

Supported

Spendesk integrates with QuickBooks for automatic expense management.

Supported

Spendesk provides tools for expense reports, automated receipt capture, and real-time tracking.

Supported

Spendesk offers instant, flexible virtual cards with spend controls, including adjustable budgets and real-time tracking.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Rather negative
-0.43

Ease of Use

Strongly positive
+0.79

Reliability and Performance

Neutral
+0

Ease of Implementation

Neutral
+0

Spendesk reviews

We've summarised 617 Spendesk reviews (Spendesk TrustPilot reviews, Spendesk Capterra reviews and Spendesk G2 reviews) and summarised the main points below.

Pros of Spendesk
  • User-friendly interface and mobile app.
  • Easy to create and use virtual cards for online purchases.
  • Helpful expense tracking features with automatic receipt recognition.
  • Streamlined approval process for expenses and purchases.
Cons of Spendesk
  • Netsuite integration is reported to be problematic.
  • Customer support can be slow to respond and unhelpful.
  • Some users report issues with virtual cards being declined.
  • Limited worldwide availability - not available in the US or UK.

Spendesk pricing

The commentary is based on 19 reviews from Spendesk Capterra reviews, Spendesk G2 reviews and Spendesk TrustPilot reviews.

Spendesk's pricing is generally considered expensive, especially for small businesses. While some users find the cost justified by its time-saving features and expense tracking capabilities, others point out the high monthly fees as a potential obstacle. Some basic features are also not included in the basic option, which contributes to the perception of high cost.

Users sentiment

Strongly negative
-1

See the Spendesk pricing page.


Spendesk alternatives

  • Logo of BILL AP/AR
    BILL AP/AR
    Better fit for US-based SMBs. More focused on core accounting features like AP and AR automation. Has stronger momentum based on website traffic and employee growth.
    Read more
  • Logo of Spendbase
    Spendbase
    More focused on SaaS spend optimization. Caters to Education, Media & Entertainment, Software/IT, Marketing & Advertising, and Professional Services. Has grown its team more aggressively. Higher average user ratings, but fewer reviews available.
    Read more
  • Logo of Airbase
    Airbase
    Better for Non-profit & Government organizations. Has more momentum based on website traffic data.
    Read more
  • Logo of Rho
    Rho
    Better fit for US-based businesses. Caters to a wider range of business sizes. Has stronger momentum.
    Read more
  • Logo of Pleo
    Pleo
    Better suited for smaller businesses and has broader industry applicability. A Spendesk alternative and competitor, it is growing faster and has better user ratings.
    Read more
  • Logo of Xero
    Xero
    Better for core accounting functions. A popular Spendesk competitor for small to medium-sized businesses needing accounting software.
    Read more

Spendesk FAQ

  • What is Spendesk and what does Spendesk do?

    Spendesk is a spend management software offering corporate cards, expense reports, and invoice payments in one platform. It automates approvals, simplifies accounting, and provides real-time financial visibility, helping mid-sized businesses streamline spending and save time. Features include budgeting, virtual cards, and accounting software integrations.

  • How does Spendesk integrate with other tools?

    Spendesk integrates with accounting software like QuickBooks, enabling automated expense management. It also supports various tools for streamlined workflows, including virtual cards for online purchases and tools for managing invoices and procurement.

  • What the main competitors of Spendesk?

    Spendesk's main competitors include Airbase, Pleo, Rho, Coupa, and SAP Concur. These platforms offer similar spend management features such as expense tracking, corporate cards, and accounting integrations. Spendbase is another alternative, focusing on software subscription savings.

  • Is Spendesk legit?

    Yes, Spendesk is a legitimate spend management software. It offers features like expense tracking, virtual cards, and accounting integrations. User reviews praise its user-friendly interface and helpful expense tracking. However, some users have reported issues with customer support and Netsuite integration.

  • How much does Spendesk cost?

    I couldn't find pricing details for Spendesk. For the most current pricing information, it's best to check Spendesk's official website or contact their sales team.

  • Is Spendesk customer service good?

    Customer reviews on Spendesk's customer service are mixed. While some users praise the quick and efficient support, others express frustration with slow response times and unhelpful resolutions, particularly regarding Netsuite integration and fund retrievals.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.