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Soldo

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Company health

Employee growth
3% increase in the last year
Web traffic
24% decrease in the last quarter
Financing
April 2021 - $263M

Ratings

G2
4.5/5
(173)
Capterra
4.6/5
(91)
TrustPilot
4.7/5
(113)
Glassdoor
4.1/5
(151)

Soldo description

Soldo is a spend management platform that provides company cards connected to an expense management system. It aims to simplify company spending by giving employees pre-loaded cards with spending rules and budgets set by the finance team. Soldo integrates with accounting software for streamlined reconciliation and offers real-time spending insights.


What companies are using Soldo?

Sony is using Soldo
Sony
Toyota SA is using Soldo
Toyota SA
Secret Escapes is using Soldo
Secret Escapes
Zapier is used by Sony, Toyota SA, Secret Escapes.

Who is Soldo best for

Soldo streamlines company spending with prepaid cards and expense management tools. Users praise its clear spending visibility and user-friendly interface. However, some dislike the lack of weekend support and occasional login issues. Perfect for businesses wanting real-time spending insights and automated expense tracking.

  • Best for small, medium, and enterprise businesses.

  • Ideal for various sectors, including Healthcare, Finance, Retail, and more.


Soldo features

Supported

Soldo offers physical prepaid Mastercards for expenses.

Supported

Soldo automates spending policy enforcement with predefined rules and limits.

Supported

Soldo issues corporate cards to employees and integrates with expense management software.

Supported

Soldo provides tools for managing employee expenses, including prepaid cards and expense tracking.

Supported

Soldo allows setting spending limits based on roles, departments, or expense types.

Supported

Soldo integrates with QuickBooks for automatic expense management.

Supported

Soldo offers real-time insights into spending patterns, allowing for immediate visibility and data-driven decisions.

Qualities

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

Value and Pricing Transparency

Neutral
+0

Customer Service

Strongly positive
+0.76

Ease of Use

Strongly positive
+0.86

Reliability and Performance

Neutral
+0.14

Ease of Implementation

Rather positive
+0.57

Scalability

Strongly positive
+1

Soldo reviews

We've summarised 364 Soldo reviews (Soldo TrustPilot reviews, Soldo Capterra reviews and Soldo G2 reviews) and summarised the main points below.

Pros of Soldo
  • Excellent expense tracking and receipt upload capabilities.
  • Easy to implement and manage, especially for distributed teams.
  • Clear visibility of spending, particularly useful for budget management.
  • User-friendly interface, both web console and mobile app.
  • Fast and helpful customer support, readily available via chat.
Cons of Soldo
  • Lack of weekend customer support.
  • Cards are blocked without notification in the app.
  • No multi-currency cards.
  • High staff turnover leads to frequent changes in point of contact.
  • Slow development of requested features.
  • Occasional login issues and unexpected logouts.
  • Integration with some accounting software (e.g., NAV) can be problematic with different dimension levels.
  • Automatic user notification for blocked cards is missing.
  • Two-factor authentication requirements can be excessive, especially for accessing older transactions.
  • Missing receipt handling and auto-lock features could be improved.
  • Difficult to track spending without manual intervention when receipts are missing or declared lost.
  • Short timeout period for web console sessions.
  • Limited export options, particularly for custom data.

Soldo pricing

The commentary is based on 20 reviews from Soldo Capterra reviews, Soldo G2 reviews and Soldo TrustPilot reviews.

Soldo offers spend management solutions with tiered subscription plans and a custom option for larger organizations. Additional fees apply for extra cards, users, and outbound bank transfers. A 30-day free trial is available for the Standard and Plus plans.

Users sentiment

Rather negative
-0.33

See the Soldo pricing page.

  • Soldo has a free trial.

Standard
£21 per user/month

A card solution that tracks expenses in real-time. Includes mobile app, standard receipt capture, Apple and Google Pay, standard reporting, and standard integrations.

Plus
£33 per user/month

A comprehensive solution for full control and visibility of spend. Includes advanced receipt capture, multi-currency support, team cards, expense review workflows, bulk reimbursement, advanced reporting, and advanced integrations.

Unlimited
Custom

A customisable solution for large organisations. Includes enterprise workflows and automations, integrated expense policies, bulk process management, enterprise integrations, API access, and personal account management.


Soldo alternatives

  • Logo of Pleo
    Pleo
    Company spending, simplified. Smart cards, no expense reports.
    Read more
  • Logo of Brex
    Brex
    Corporate cards, expense management, and banking built for businesses.
    Read more
  • Logo of Ramp
    Ramp
    Control company spending, automate accounting, and save money.
    Read more
  • Logo of Moss | Spend smarter
    Moss | Spend smarter
    Control company spending, automate invoices, and simplify expense reports.
    Read more
  • Logo of Rydoo
    Rydoo
    Effortless expense reports and travel management.
    Read more
  • Logo of Corpay One
    Corpay One
    Streamlines bill pay, expenses, and company cards in one.
    Read more

Soldo FAQ

  • What is Soldo and what does Soldo do?

    Soldo is a spend management platform offering company cards linked to an expense management system. It streamlines company spending with pre-loaded cards, customizable budgets, and spending rules set by finance teams. Soldo integrates with accounting software for easy reconciliation and provides real-time spending insights.

  • How does Soldo integrate with other tools?

    Soldo integrates with accounting software like QuickBooks for automated expense management and reconciliation. It also connects to various other tools to streamline financial workflows and provide real-time spending insights.

  • What the main competitors of Soldo?

    Soldo's main competitors include Pleo, Airbase, and Extend. These platforms offer similar spend management features like company cards, expense tracking, and accounting software integrations. Other alternatives, catering to slightly different needs, are Happay, SAP Concur, and Precoro.

  • Is Soldo legit?

    Soldo is a legitimate spend management platform. User reviews praise its expense tracking, ease of use, and spending visibility. However, some users mention weekend support limitations and occasional technical issues. So, while generally safe and reliable, consider these factors.

  • How much does Soldo cost?

    Soldo's Standard plan costs £21 per month, the Plus plan is £33 per month, while the Unlimited plan has custom pricing. They offer a 30-day free trial but no free plan. Additional features like CO2e Tracker and extra virtual cards can be added. Is Soldo worth it for your business? It depends on your specific needs and budget.

  • Is Soldo customer service good?

    Soldo's customer service receives mixed reviews. While many users praise the prompt and helpful support team, particularly through the online chat, others have experienced difficulties, especially outside of business hours. Some users mention slow response times for complex issues and unhelpful support regarding blocked cards.


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.

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