Case Study: MoneyBox achieves faster month-end closing with Spendesk

Why Moneybox doesn’t chase team members for receipts anymore

MoneyBox, the award-winning savings and investing app, was growing rapidly after its Series C and needed to catch its finance processes up to speed. With lots of employee spending, company cards passed around the team, unclear approvals, and a constant struggle to collect receipts, the finance team lacked control and visibility over spend.

Spendesk helped MoneyBox centralize spend management with employee debit cards, clear approval workflows, automated receipt collection, single-use virtual cards, and subscription tracking. With Spendesk, MoneyBox achieved 98% receipt collection and 4x faster end-of-month closing, while also saving finance time, improving control over spending, and making reimbursements and approvals much easier.

MoneyBox

Cerrith Moore

Finance Director