- Efficient, instant invoice management
A platform that helps business owners avoid spending on their founder cards and prevents employees from making out-of-pocket expenses.
Spenmo is perfect for marketing agencies that handle multiple clients as it offers a great deal of convenience via virtual cards and expense tracking features.
1. Virtual Smart Cards assigned to each Kaliber client for easier tracking of ad spending
In a business model that involves millions of dollars in marketing spend, designating a credit card for each client is not realistic. This goal only worked out once Kaliber opted to use Spenmo Smart Card which can be assigned and customised for each customer.
"Since using Spenmo, we've managed to create Virtual Cards as a replacement for our Amex Card, get the card users to take a picture of the receipt with the Spenmo map and simply 'Sync to Xero' to have our records updated."
2. An expense map to detect possibilities of fraud and stop the likelihood to overspend
"Spenmo made it a lot easier for us to reference as well as have a sense of security in the scenario in which we may overspend or if an ad account were to get hacked and spend an excessive amount of money."
Kaliber was also able to set the exact budget allotment for each client’s marketing spending. With a specific limit, there will be no instances of going over the allowed budget.
AT A GLANCE
Performance Marketing Consultancy
25 - 50
- Sharing one credit card for clients' digital ad spend
- Difficult in recording, tracking and reconciling client ad spend
- Virtual Corporate Cards
- Seamless accounting software integration
- Easier spend tracking and budget monitoring. Now, each client is assigned their own virtual card
- Better visibility and control over digital ad spending through seamless integration with Xero
- Eliminating the use of one founder's credit card to pay for clients' ad spend
- Lack of control in marketing spend that would lead to overspending, and risks of hacking and fraud
- Difficulty in expense reconciliation and lack of real-time visibility over client ad spend
With a seamless expense tracking and management system, digital marketing service providers like Kaliber no longer see any impediments to growing their scope and portfolio. With Spenmo Smart Card, there were no risks of overspending, erroneous expenses tracking and laborious reconciliation of spending.
1. A Virtual Corporate Card assigned to every client for easier tracking and budget monitoring
Kaliber now efficiently tracks ad spending for its growing list of clients using Spenmo's unlimited virtual Smart Cards. Each client has a dedicated card, simplifying expense management and eliminating the need to cross-reference customer IDs. Spenmo's real-time expense map helps detect fraud and prevents overspending, while precise budget allocation ensures clients stay within their limits.
2. Better visibility and control over digital ad spending through seamless integration with Xero
Thanks to Spenmo, Kaliber effortlessly reconciles client expenses. They upload receipts directly to each card transaction, enabling real-time tracking and recording of advertising expenses in Xero. This newfound visibility ensures precise measurement of campaign performance.