1. Streamlined processes & cost savings

Sparados automates expense handling, helping companies optimize business spending. This saves both time (through reduced manual processes) and money (by minimizing inefficiencies and errors).

2. Transparency & control

The platform gives CFOs and managers real-time visibility into company expenses. This transparency allows better oversight, compliance, and faster reaction to irregular spending.

3. Advanced analytics

Sparados provides detailed insights into employee and departmental expenses. With customizable reporting and analysis, businesses can make data-driven decisions that improve budgeting and financial planning.

With Sparados, you can assign expenses to categories such as travel, meals, office supplies, software, or employee reimbursements. Categorization makes it easier to track how money is being spent, monitor budgets, and prepare accurate financial reports. It also helps identify which areas of the business drive the most costs, so you can make better financial decisions.

How to set labels for cards you can check here.

Assign virtual cards to purpose-specific categories - such as travel, R&D, or lunches. This enables real-time tracking and auditability.

Leverage tags or naming conventions in the system to easily filter, group, and report expenses by department, project, or cost center.

You can use the client console to issue secure virtual cards per employee or team and apply tailored limits by amount, category.

Additionally, the platform supports policy enforcement - spending is controlled by defined limits and transaction rules enforced at card level.

With Sparados, you can easily add invoices and expenses through the mobile app, web platform, or by sending them to a dedicated email address immediately after a transaction. Once uploaded, you can simply discard the physical bill.

The system automatically matches each invoice or receipt with the corresponding transaction and generates a description for it. The transaction, along with its attached bill, is then sent to administration for review. After verification and approval, the expense is forwarded directly to the accounting system in the correct format.

Sparados also provides ready-to-use PDF and Excel reports, making accounting and expense management seamless and efficient.

Sparados provides a powerful admin panel with advanced expense analytics. Administrators can:

• Generate visual reports and plots based on spend categories, user email, or dedicated groups.

• Filter transactions using multiple parameters, including approval flow status.

• Export all transaction data into a CSV file for further analysis or reporting.

This makes it easy for companies to track spending, identify trends, and maintain full transparency over expenses