At Payhawk, their primary focus is their clients. Customer-centricity has been the most critical part of their culture from day one, and they claim to make it a priority to listen to customer feedback and iterate and improve their solution based on their needs.
The Fintech firm’s summer quarter was no different, as they introduced new releases and updates “to make the Payhawk experience even better for customers.”
Payhawk says their focus in Q3 included “improving data offerings and connections to give our customers more in-depth spend data to support responsible decision-making as well as improving expense and supplier management and providing increased peace of mind.”
From ESG reporting to a NetSuite partnership, their summer updates and news included:
- Payhawk Green and the release of ESG reporting features
- Becoming an official NetSuite SuiteCloud Developer partner
- Obtaining an EMI license
- Trophies and badges including +30 G2 and Capterra awards
- Redefining expense efficiency with improved data capture and processing, accelerated expense approvals, and more
- Supercharged integrations and APIs including effortless payment reconciliation with Exact Online, journal export options, and more
- Apps, accessibility, and peace of mind (see insurance by AI and the app on Huawei and in Portuguese)
Introducing Payhawk Green: their toolbox of new ESG reporting features.
The environmentally focused new features let you:
- Monitor carbon emission and expedite your ESG reporting
- Set up and roll out carbon emission tracking with ease
- Get real-time insights via CO2 reports and estimates per card transaction
- Trying to track Scope 3 emissions? Then you probably know how hard it is, especially as these types of emissions occur outside of your organization’s direct control.
With Payhawk Green you can “streamline carbon accounting by auto-tracking Scope 3 emissions via card spend data (following the GHG Protocol for corporate accounting).”
Simply tag your suppliers based “on sustainability criteria, use the customisable supplier-driven data fields for expenses, and export the insights to pinpoint trends and opportunities for improvement.”
You can also enable real-time GHG emission or CEDA categories “tracking of expenses and invoices, with flexible categories, and more.”
Co-founder of climate tech company Lune, Erik Stadigh said:
“Every company approaches sustainability differently, but in light of the new EU regulations, it’s something every company must consider. Payhawk is helping to pioneer how the spend management space can support businesses with integrated carbon emissions reporting at no extra cost.”
The firm also announced that they’ve become an official NetSuite SuiteCloud Developer partner. For more than two years, their direct integration has “streamlined spend management for customers in more than 28 countries, transacting with over 106,000 vendors.”