Float
20 Case Studies
A Float Case Study
Letterbox Doughnuts, a Toronto-based bakery specializing in custom doughnuts, was experiencing rapid growth. This expansion created a challenge as the co-founders, who had moved away, could no longer manually manage expenses using personal credit cards and manually input receipts into QuickBooks. The manual process was time-consuming and prone to errors, hindering their ability to focus on strategic growth. As they planned to hire more staff and expand nationally, they needed a solution to give employees spending autonomy while maintaining control.
Float provided its corporate card and expense management platform to solve these challenges. The solution allowed Letterbox to issue multiple cards to employees with set spending limits, automate expense tracking, and simplify receipt management via photo uploads. This saved the founders significant time, eliminated manual bookkeeping, and empowered their team to make financial decisions with clear guidelines. As a result, the leadership regained time to focus on expansion plans.
Jonathan Oliver
Letterbox Doughnuts