Case Study: Forma.ai achieves financial autonomy and streamlined expense management with Float

How Forma.ai Found True Financial Autonomy With Float

Forma.ai, a sales performance management platform, was experiencing rapid growth and found its previous financial system, which relied on a single corporate credit card and manual wire transfers, to be a major bottleneck. The tedious, time-consuming process of tracking expenses and chasing receipts was unsustainable as the company's headcount grew 4x in just over a year, creating a need for an efficient spend management solution from a vendor like Float.

To solve this, Forma.ai implemented Float's all-in-one corporate card and expense management platform. The solution provided financial autonomy to teams through 60 active cards, automated bookkeeping with accounting software integrations, and streamlined receipt tracking. As a result, Forma.ai saved money, eliminated an accounts payable nightmare, and was able to support its tremendous growth, which included successfully raising $45 million in Series B funding. The Float platform was critical to achieving these outcomes.

Forma.ai