Case Study: Cooltra cuts lost receipts by 80% with Pleo

How Cooltra cut lost receipts by 80% with Pleo

Cooltra, a sustainable urban mobility company based in Barcelona, Spain, needed a better way to manage company spending across its B2B and B2C operations. Before Pleo, employees used credit cards and submitted receipts at the end of the month, while the finance team moved transaction data through Excel and manual checks, creating inefficiency, team friction, and delays in month-end close because over half of receipts were not submitted on time or never arrived.

Cooltra implemented Pleo as an all-in-one expense management solution to automate spending processes and centralize control. With virtual and temporary cards, approval flows, and automated reporting integrated into its ERP, Pleo helped Cooltra cut lost receipts by 80%, reduce pending receipts to fewer than 10% at month-end, improve visibility and reporting, and set up the system in less than three weeks.

Cooltra

Francesc Madurell Piñol

Chief Financial Officer