Zevoy provides automated expense management solutions through global company cards, enabling businesses to streamline reporting and control while significantly reducing manual processing time. Their platform facilitates efficient management of employee reimbursements, subscription payments, and employee benefits, resulting in up to 80% time savings in expense handling.
Funding
$21.6M 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.
Founders
Product
Problem
Many companies face challenges in managing employee expenses, subscriptions, reimbursements, and benefits, leading to significant manual processing time and reduced visibility into spending. Traditional expense management processes often involve cumbersome paperwork, manual data entry, and delayed reconciliation, making it difficult to maintain control over company finances.
Solution
Zevoy offers an automated expense management platform that streamlines financial operations through global company cards and integrated solutions. The platform provides businesses with enhanced visibility and control over all company spending, including employee expenses, subscription payments, reimbursements, and benefits. By automating reporting and reconciliation, Zevoy reduces manual work by up to 80%, allowing finance teams to close their books faster and focus on strategic initiatives. The platform offers features such as individual usage limits, vendor-specific cards, and a mobile app for employees to submit claims, ensuring a seamless and efficient expense management process.
Target Audience
Zevoy primarily targets companies of all sizes looking to streamline their expense management processes, reduce manual workload, and gain better control over their financial operations.
Features
- Global company cards with credit limits or prepaid options for managing all company spend
- Vendor-specific cards for automating recurring subscription payments
- Mobile app for employees to submit travel and expense claims with easy admin approvals
- Virtual cards for employee benefits, including lunch, culture, exercise, and transport, accessible via mobile wallets
- Automated reporting and reconciliation for efficient month-end closing
- Individual usage limits and reconciliation rules for enhanced control
- Real-time visibility into company spending across all categories