Industry Cases

Holding Companies

Although a holding company may not actively participate in running the day-to-day operations of its subsidiaries, the parent corporation should enable its subsidiaries to control their expenses while maintaining visibility of spending.

Key Benefits

  • Setup a multi-company structure to gain visibility on the daily spending of the companies within the group.

  • Setup different divisions and locations to efficiently roll out flexible and unique spend controls across subsidiaries with minimal effort.

  • Gain a better understanding of how resources are allocated to establish more accurate budgets for future projects

Key Features

  • Set Policies and Departmental Budgets

  • Create Vendor or Category specific cards instantly

  • Multi-level Approval Workflows

  • Issue Company Cards with Custom Limits

  • Real-time visibility on transactions across multiple projects

  • Integrate with ERP and Accounting Software

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