Case Study: Athennian streamlines spend and expense management with Float

How Athennian Streamlines, Simplifies and Scales with Float

Athennian, a cloud-based business entity management SaaS company, faced significant challenges in managing internal spend and expenses due to its rapid growth and lean finance team. Their manual processes, which relied on traditional bank cards and spreadsheets, lacked structure, making it difficult to categorize purchases, identify spenders, and track receipts. Seeking a scalable solution for spend management, the company chose to partner with Float.

By implementing Float's corporate card and expense management platform, Athennian automated its approvals, simplified card issuance, and improved receipt capture. This solution provided clear visibility into departmental spending and streamlined the categorization of transactions. The results were substantial: manual expense reports were reduced by 80% even as headcount grew 40%, month-end processing became significantly faster, and receipt compliance neared 100%, providing the accurate financial reporting needed to secure a $42 million Series B funding round.

Athennian

Zach Hill

Director of Finance