NEW YORK–(BUSINESS WIRE)–Teampay, the all-in-one buying platform, right now introduced a brand new program for entrepreneurs searching for better visibility and management of selling spend throughout this time of financial uncertainty. Teampay for Entrepreneurs is a first-of-its-kind personalised providing designed particularly to assist entrepreneurs spend on the velocity of enterprise–with proactive controls, upfront approvals, Slack and Groups integrations and real-time spend visibility.
Acknowledging that advertising and marketing groups usually have the largest and most complicated buying wants, Teampay now presents a novel method to fulfill the CMO’s have to allow particular person group members whereas managing all advertising and marketing spend with real-time centralized visibility. Teampay for Entrepreneurs offers your entire advertising and marketing division managed, fast entry to firm funds, eliminating the headache of sharing a company card or ready weeks for a purchase order order. Plus, this resolution presents on-demand visibility into the standing of invoices, immediately enhancing vendor relationships with out bogging down the finance division with back-and-forth comply with ups.
“As CMO, making ROI constructive investments is important,” stated Andrea Kayal, CMO at Electrical. “With Teampay, I could make higher, faster selections as a result of I’ve real-time visibility into spend requests. Teampay not solely reduces the hours it takes reconciling advertising and marketing expense stories and chasing down vendor funds with Finance, however Teampay additionally allows my group to make purchases, with out borrowing a card or utilizing their very own private funds.”
Historically, Entrepreneurs have been left at midnight with regards to monitoring spend in opposition to budgets and rapidly figuring out the place to optimize throughout campaigns. With Teampay for Entrepreneurs, clients get:
Management and spend visibility in a single central place throughout promoting, occasions, MarTech, and extra
Streamlined bill processing workflows that present higher visibility into monitoring of buy orders, invoices and invoice funds
Seamless recurring funds for your entire advertising and marketing group
Automations and integrations that allow advertising and marketing groups to purchase what they want exactly after they want it; no extra purple tape or missed deadlines
Actual-time reporting, with perception into class, vendor, purchaser and past, so entrepreneurs know precisely the place their budgets stand with out having to attend for Finance to drag actuals
Plus, coming quickly: Sensible notifications that assist groups prioritize and observe spend whereas reducing down on handbook duties—and extra!
“As firms scale, advertising and marketing is among the largest controllable expenditures, but additionally some of the important drivers of development, significantly in these unsure occasions,” stated Andrew Hoag, Founder and CEO of Teampay. it’s extra important than ever to offer advertising and marketing groups real-time visibility into their spending, to make sure each greenback is being spent successfully and allow steady changes with out ready for month-end shut. We’re excited to supply a extra fashionable method to drive extra effectivity into buyer acquisition for our clients.”
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Teampay helps high-growth firms streamline the buying course of throughout digital playing cards, bodily playing cards, invoices and reimbursements. The one buying software program designed with workers in thoughts, Teampay’s automated workflows empower workers to rapidly purchase what they want whereas staying in coverage. The platform points safe cost strategies with built-in controls and reconciles transactions into the client’s accounting system in actual time. This contemporary method to buying eliminates unauthorized and out-of-policy spending, offers full visibility for finance and helps construct higher relationships between finance and workers. Teampay was based in 2016 and is headquartered in New York Metropolis.