Case Study: Makeship achieves faster multi-currency spend reconciliation with Float

How Makeship Found Multi-currency Freedom with Float

Makeship, a crowdfunding platform for creators, faced a significant challenge managing its finances across both Canadian and US dollars. Its small, two-person finance team was burdened by the high fees and cumbersome prepaid cards from traditional Canadian banks, which offered poor visibility into spending and complicated reconciliation. This became a growing problem as the company experienced rapid yearly sales growth.

By implementing Float's multi-currency spend management platform and corporate cards, Makeship gained the freedom to manage accounts in both CAD and USD seamlessly. The solution provided intuitive tracking, vendor-specific cards, and immediate receipt submission, leading to a 60% decrease in the time required for month-end reconciliation. With Float, Makeship now manages 80% of its total company spend, providing greater control and visibility while saving the finance team valuable time.

Makeship

Madeline Fielding

Corporate Controller