Case Study: PolicyMe achieves smarter spend management with Float

PolicyMe Turns to Float for Smarter Spend Management

PolicyMe, a startup life insurance company, experienced difficulties managing corporate spending and accountability as their team grew by 50%. Their previous process of sharing credit cards led to a lack of oversight, tedious reconciliation, and missing invoices. They turned to Float's spend management platform for a smarter solution.

Float provided PolicyMe with virtual and physical corporate cards, which could be instantly issued and assigned to individual employees and vendors. This, along with features for receipt management, approval workflows, and spending limits, gave the company greater financial control and oversight. The results included significant time savings, improved cross-functional communication, more spending autonomy for managers, and enhanced fraud prevention. The Float team's responsive support was also highlighted as a key benefit.

PolicyMe

Suvansh Mehta

Strategy and Finance Manager