The Ultimate Qashiopedia
Spend Controls
Tools that enable companies to manage and restrict spending on corporate cards. With features like geo-location spend controls, Qashio offers enhanced security and compliance by setting rules by merchant type, transaction amount, and spending categories.
Spend analysis
Spend analysis involves evaluating current and historical procurement expenditure to gain insights into a business's cash flow. The primary goal is to reduce costs, increase efficiency, and ensure compliance with spending controls.
Spend management
Spend management broadly encompasses all activities and processes a company uses to control its spending, aimed at reducing costs and mitigating financial risk. It often refers specifically to monitoring and controlling employee business expenses.
Spending Limits
Your company can now set and manage budgets across various expense categories, including travel, fuel, & online marketing to name a few. With Qashio, these limits apply to both physical and virtual cards, ensuring comprehensive control and tracking of all company expenditures.
Subscription creep
Subscription creep refers to the tendency for individuals to underestimate the total expenditure on monthly subscriptions. More specifically, it describes the accumulation of small, underutilised software subscriptions that add up to a significant expense, often going unnoticed.
T&E
T&E, which stands for Travel and Entertainment (or Travel and Expense), encompasses any business-related spending incurred by employees while travelling for work or entertaining clients. Employees may use a company card or pay out of pocket, with reimbursement available as long as expenses comply with company policies.
Tail Spend
Tail spend is a procurement term that describes spending that constitutes a large number of transactions (80%) but represents a small percentage (20%) of the company's total spend by volume. Although there is no strict definition, examples of tail spend might include uniforms, gifts, office supplies, and signage.
Top line growth
Top line growth refers to the increase in revenue, which is represented at the "top line" of the income statement. It pertains to the growth of a company's core business operations, whereas bottom line growth refers to reducing expenses, indicated at the "bottom line" of the income statement.
Transaction Limits
Pre-established caps on the amount that can be spent in a single transaction, helping to enforce spending control and prevent unauthorized expenditures.
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