Case Study: Seedrs achieves 4x faster month-end closes and 100% spend visibility with Spendesk

How Seedrs easily handles spending across four countries

Seedrs, an equity crowdfunding platform that enables people to invest in European startups, struggled with managing international travel expenses, slow expense reimbursements, lack of control over employee spend limits, and cumbersome approval processes. To address these challenges they partnered with Spendesk and adopted its spend management platform — including prepaid/virtual cards, approval workflows and a mobile receipt-capture app — to make spending easier for remote and traveling teams.

Spendesk implemented prepaid cards, real-time spending oversight, built-in budgets and automated approval workflows so employees could pay and submit receipts on the fly while finance retained control. The change delivered measurable benefits: 4x faster end-of-month closing, 100% visibility on spend, $0 hidden fees and simpler, quicker expense claims — freeing Seedrs’ finance team to focus on analysis rather than administration.

Seedrs

Antony Tikhonov

Business Development Manager