For example, you might have a budget for Facebook ads and another budget for the company’s DHL account.ĭivvy offers you the chance to create two types of virtual cards: Burners cards (for one-time use) and Subscription cards (for frequent use). You can even manage budgets for each card. That way, instead of putting all your expenses on your primary credit card, you can just use the card that corresponds to that expense. You can make a virtual card for any recurring bill or subscription. Besides, they can check how much one has spent, pending transactions, or declined ones. They can see the amount of money that’s available to your employees at any time. The finance team or the manager can track each employee’s transactions. For accountability, employees may take pictures of the expense receipts with their phones and upload them. If the expense is recurring, the manager can send it every month to their team. The finance team can then transfer these funds to the card instantly. When that happens, the finance team or the manager receives a notification about the request. Your designated employees can request funds for specific company expenses using their cards. On the forecast tab, you can track expected monthly expenses projections. You can also add or remove members and adjust their funds whenever you like. First, you need to name the budget, select the cycle (one-time or recurring), set the goal, designate who has access to the budget, and customize it by team, project, or event. You can build a budget in the Divvy app for your business in just a few steps. Below are some notable features of the app. Divvy’s Featuresĭivvy integrates seamlessly with various accounting software, including Sage Intact, QuickBooks, and NetSuite, making it a perfect tool for your business expense tracking and management. Cardholders can also use virtual cards in addition to physical ones. Afterward, you will receive an actual physical card to give to each of the designated employees. Once you apply, you will need to designate some of your employees who will be the cardholders.

To sign up for Divvy, go to their online sign-up page and enter the indicated details. Divvy works well for multiple niches, including It is customizable to any business without the need for any workarounds. Who Can Use Divvy?ĭivvy is an easy-to-use app that serves executives and employees no matter the company’s size or industry. Similarly, the finance department won’t need to seek any information from employees since they can readily access it on the app. The finance team can approve all transactions in real-time, making it easier to track them and manage them whenever they want.Įmployees won’t need to pay out-of-pocket expenses, fill out expense reports, or wait for reimbursement.

With Divvy, the process is entirely automated – hence easier. Tracking and reimbursing expenses is a burden on both employees and finance, especially when done manually. On signing up, you get a virtual or physical Divvy MasterCard to use for business expenses. It helps you keep track of your finances and expenses by offering a way to set financial goals and create budgets. 7 How Does Divvy Compare to Other Similar Products?ĭivvy is a budgeting and expense tracking tool.6.4 Discounts and Credits upon Signing Up.

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