Fenige Case Study: Business Trips and Digital Expenses Settled in a Few Clicks
Aktualisiert: 21. Okt.
Business trip expense reports that took several days, subscriptions paid manually and no ongoing control over spending: that was everyday life at Fenige, a fast-growing payments company. Everything changed when the company started using Sparados.
Today, settling a business trip takes a few clicks, every cost is visible in real time and the team has saved 10% of its time. This case study shows what Fenige needed, how the solution works and what changed.
Case Study at a Glance
Client: Fenige, a payments company specialising in fast domestic and international transactions
Industry: Fintech, payments
Challenge: Time-consuming cost accounting, reporting delays and manual reconciliation of invoices for subscriptions, business trips, training and employee development
Solution: Sparados virtual cards issued in seconds and assigned to employees, with every transaction sent automatically to the panel
Result: 10% of the team's time saved, business trips settled in a few clicks instead of several days and full control over the budget
About the Client: Fenige
Fenige is a company operating in the payments industry, specialising in fast domestic and international transactions. As a fast-growing organisation, it handles a wide range of expenses every day: tool subscriptions, business trips, training and employee development costs.
Each of these payments needs efficient settlement and full budget control. As a payments company, Fenige knows how important speed and security are in settlements, and it wanted the same standard in its internal finances.
The Challenge: Slow Settlements and Limited Expense Control
Fenige's previous cost accounting methods were too time-consuming and made it difficult to control expenses on an ongoing basis:
Reporting delays: expense data reached the finance team late, so the current budget picture was never complete.
Manual reconciliation: teams spent extra time matching invoices with payment confirmations.
Slow business trip settlements: settling a single trip could take several days.
Waiting for money: employees had to wait for transfers or for their expense reimbursements to be approved.
In a fast-changing fintech environment, these barriers slowed down daily work and made quick financial decisions harder. Fenige needed a solution that would simplify daily processes, let it respond faster to employee needs and make expenses more transparent.
The Solution: Sparados Virtual Cards for Every Expense
Choosing Sparados was a natural decision. The platform generates virtual cards in seconds and assigns them to employees immediately. The implementation was fully online and did not require lengthy procedures: the first transactions appeared after just a few days.
How It Works
The finance team issues a virtual card to an employee in seconds.
Each card is tailored to its purpose: online payments, tickets, digital tools or purchases during business trips.
The employee pays with the card right away, without waiting for an advance or a physical card.
Every transaction is sent automatically to the Sparados panel.
Accounting analyses and settles the expense immediately and assigns it to the right project or department.
Spend Controls
In the Sparados client console, administrators set limits and rules for each card, approve requests for higher limits and see every transaction in real time. Employees add invoices and receipts in the app, and the reports needed for settlement are ready in a few clicks.
The Results: 10% of the Team's Time Saved
Thanks to Sparados, Fenige employees no longer wait for transfers or for reimbursements to be approved. Everything happens online, in real time.
10% Time Savings
The team has saved 10% of its time. The biggest change is in business trips: where settling a trip used to take several days, it now takes a few clicks.
Full Control over the Budget
Every expense is visible in the statistics right away and can be assigned to the appropriate project or department. Reporting has become simple and transparent.
The Same Standards Inside as for Clients
Fenige brought the speed and security it offers in payments to its own financial management.
“The greatest value for us is the time saved. Where we used to need several days to settle business trips, now it only takes a few clicks. This is a huge change for the whole team.” – Agnieszka Starosz, Fenige
Before and After Sparados
Aspect | Before Sparados | With Sparados |
Business trip settlement | Several days per trip | A few clicks |
Paying for expenses | Waiting for transfers and approved reimbursements | Virtual card ready to use right away |
Card issuance | No dedicated cards for different expenses | Virtual cards generated in seconds and tailored to each purpose |
Reporting | Delays in cost reporting | Transactions sent automatically to the panel in real time |
Reconciliation | Manual matching of invoices and payment confirmations | Expenses assigned to projects and departments in the panel |
Team time | Extra time spent on settlements | 10% of the team's time saved |
Budget control | No ongoing view of spending | Every expense visible immediately |
Why Fintech Companies Choose Sparados
Fenige's experience shows what fast-growing technology teams get from Sparados expense management:
Cards for every type of cost: separate virtual cards for subscriptions, business trips, training and employee development.
Fully online implementation: no lengthy procedures and the first transactions within days.
Real-time visibility: every transaction reaches the panel automatically, ready for accounting.
Simpler settlements: documents, reports and approvals in one place. See how billing and invoicing works in Sparados.
FAQ: Expense Management at Fenige
How does Fenige use Sparados?
Fenige gives employees Sparados virtual cards for tool subscriptions, business trips, tickets, training and employee development costs. All transactions go automatically to the Sparados panel for settlement.
How long did the implementation take?
The implementation was fully online and did not require lengthy procedures. The first transactions appeared after just a few days.
How much time did Fenige save?
The team saved 10% of its time. Settling a business trip, which used to take several days, now takes a few clicks.
Do employees still wait for advances or reimbursements?
No. Employees pay with virtual cards assigned to them, so they do not wait for advance payments, transfers or approved reimbursements.
Can expenses be assigned to projects and departments?
Yes. Every expense is visible in the statistics immediately and can be assigned to the appropriate project or department.
Is Sparados suitable for other fintech and technology companies?
Yes. Sparados lets fast-growing teams issue virtual cards in seconds, set limits and rules for each card and see all expenses in real time in one panel.
Settle Expenses in a Few Clicks
Fenige's story shows that a payments company can apply the same speed and security to its own expenses: virtual cards for every cost, automatic reporting and full control over the budget.
Want to save time on settlements in your company? Book a demo to see how Sparados works.
