Float
20 Case Studies
A Float Case Study
BenchSci, a trailblazing AI firm in pharmaceutical research, faced significant accounting challenges due to its rapid growth. The company struggled with an outdated, manual expense report process that used cumbersome spreadsheets, creating a bottleneck and forcing employees to use personal funds for company expenses. This inefficient system consumed a massive amount of the finance team's time.
The company implemented Float's corporate card and spend management platform. The solution provided unlimited physical and virtual cards to employees, automations for accounting, and robust security controls. This shift saved BenchSci over 40 hours every month, streamlined expense management, eliminated reimbursement delays, and empowered employees while maintaining strict financial oversight.