Case Study: SOMAI Pharmaceuticals saves 8 hours a month on reconciliation with Budgetly

SOMAI Pharmaceuticals saved 8 hours in reconciling every month with Budgetly

SOMAI Pharmaceuticals, an EU-GMP pharmaceutical and biotech company, was using bank cards and struggling with time-consuming manual work to track receipts, chase staff for missing documentation, and reconcile transactions each month. Budgetly’s spend management and prepaid corporate card platform was introduced to replace these manual processes.

With Budgetly, SOMAI Pharmaceuticals could issue cards instantly, upload receipts through the mobile app, manage budgets in real time, and automatically reconcile transactions with accounting data. The result was a major time saving: reconciliation that once took a full 8 hours each month now takes only a few minutes, while also reducing receipt chasing and giving the team better control over spending.

SOMAI Pharmaceuticals

Judi McDonald

Operations Manager