Case Study: Clutch streamlines spending and closes books 5x faster with Float

Giving Clutch a Better Way to Spend

Clutch, a Canadian online car-buying platform, faced a highly manual and inefficient expense management process. Their previous system was time-consuming, limited them to only 15 corporate cards, and resulted in a high margin of error, which was unsustainable for their rapid growth. This challenge led them to seek a solution from the vendor, Float.

By implementing Float's corporate card and expense management platform, Clutch automated their bookkeeping and reconciliations. The solution provided unlimited cards with customizable spending limits, real-time transaction visibility, and streamlined receipt management. The results were significant: Clutch eliminated 20 hours of manual work per month, reduced errors, and issued cards to 120 employees, empowering them with greater spending autonomy. This allowed the finance team to close their books in just five days and scale operations efficiently.

Clutch

Ben

Finance Manager