Qashio provides a spend management solution that utilizes virtual corporate credit cards to monitor expenses and automate payment processes, enhancing financial control for businesses. By integrating with various ERP systems and offering features like AI receipt tracking, Qashio reduces manual cash handling and improves visibility over company expenditures.
Funding
$12.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+2Founders
Product
Problem
Many businesses face challenges in tracking and controlling employee spending, often relying on manual processes and petty cash, which leads to inefficiencies, lack of visibility, and potential for leakage. Traditional expense management systems can be cumbersome to integrate with existing ERPs, and matching receipts to transactions is often a manual, time-consuming task.
Solution
Qashio offers a comprehensive spend management platform that provides businesses with real-time visibility and control over expenses and payables. The platform enables the creation of unlimited virtual corporate cards with advanced controls and spending limits, allowing for granular management of employee spending. Qashio automates petty cash processes, reducing manual handling and minimizing leakages, and integrates seamlessly with major ERP systems like Dynamics365, Oracle Netsuite, SAP, Xero, and Zoho. The platform also features AI-powered receipt tracking via WhatsApp, automatically matching receipts to transactions for simplified record-keeping. Users can earn Qashio Points on every transaction, which can be redeemed for rewards like Emirates Skywards Miles, Shukrans, or cashback.
Target Audience
Qashio targets finance managers, purchasing departments, office managers, operations teams, entrepreneurs, and C-suite executives across various industries, including law firms, transportation & logistics, technology, marketing & events, and hospitality.
Features
- Unlimited virtual corporate cards with customizable spending limits and controls
- Automated petty cash management to reduce manual processes and minimize leakage
- Seamless integration with ERP systems including Dynamics365, Oracle Netsuite, SAP, Xero, and Zoho via direct API integrations
- AI-based receipt matching via WhatsApp for simplified record-keeping
- Multi-entity and subsidiary management for consolidated expense tracking
- Approval workflows for spend requests and expense reports
- Pool accounts for managing client payables and controlling budgets
- Qashio Points rewards program, redeemable for Emirates Skywards Miles, Shukrans, or cashback
- Mobile app for expense tracking and management on the go, available on both Android and iOS
- Integration with Apple Pay, Samsung Pay, and Google Pay