Payhawk, the all-in-one finance system assisting companies and businesses with spending effortlessly, reveals that they’ve introduced an “industry-first” with 3% cashback on all payments, “integration to Microsoft Dynamics 365, Single Sign-On for enterprise clients, as the company looks to disrupt corporate payments and expense management market.”
In addition, the firm’s integration with Google Pay and Apple Pay now reaches more than 30 countries.
As mentioned in the announcement, Payhawk’s suite of enterprise tools and features are aimed at fast-growing multinational firms that are expanding their international presence and require a “strong and efficient financial stack to control company spend without prohibitive administrative overhead.”
Hristo Borisov, CEO, and Co-Founder of Payhawk, stated:
“Currently, finance teams often use multiple disconnected tools for payments, invoices, and expense management. Often paying hundreds of thousands of euros for license fees to different vendors that add the overhead of additional integration costs to the company’s main ERP system. We bring all these enterprise tools under one solution together with an industry-first corporate card with 3% cashback capped at our subscription.”
“This way, we reinvest a portion of the interchanges we earn from Visa to subsidize the licenses of our customers that spend heavily through corporate cards. Our customers get enterprise-grade financial software with the most efficient company card free of charge.”
Payhawk aims to combine payments, invoices, and expense management as it “closes the gap between banks and ERP (Enterprise Resource Planning) systems.”
As a result, Payhawk aims to empower finance teams to “reduce manual work, keep tight control of budgets in real-time, and fully automate spend across every payment method.”
Instead of using many different tools across multiple markets, Payhawk “delivers a single solution for finance teams that can serve businesses in over 30 countries.”
The new pricing plans are currently available on their website and new clients are able to sign-up from today.
Additionally, Payhawk announces live reconciliation of expenses and payments to Microsoft Dynamics 365 Business Central “streamlining all administrative work around managing company spend.”
Single sign-on with support for SAML and Active Directory is also “making its debut for enterprise customers that want maximum security and easy access of employees to company cards, reimbursement claims, and more.”