Payhawk

Payhawk spend management software automates transactions between the bank and your accounting software in real-time. This card management platform offers easy-to-use workflows, for controlling fund requests, establishing spend limits and budgets, all while overseeing departmental team cards all in one place.

Payhawk’s custom fields make it easier than ever to personalize financial data tracking based on individual projects, company locations, and other factors. Everyone from the CFO to finance teams can track spending expenses through Payhawk software.

Video Overview

Features

Beyond supplying virtual and physical cards, Payhawk offers:

Spend Policies

• Realt-ime card issuing and freezing.
• Monthly recurring spend limit
• Single transaction limit
• ATM withdrawal control
• Cards with recurring monthly limits
• Top-up requests and approvals
• Multiple card spend policies

Expenses

• Real-time notifications
• Automatic creation of expenses in real-time after every payment
• Push and email reminders for missing documents
• Multiline items for receipts
• Rule-based approval workflow
• Supplier management

Bills

• Unpaid invoices management
• Out of pocket cash expenses
• Reimbursable expenses to employees (Mileage, Per Diem)
• ACH transfers for bill payments
• Subscription tracking

Bookkeeping

• Supplier information
• Invoice number
• Automatically close and archive accounting periods

Administration

• Team management
• Employee, accountant, and manager roles
• Projects, cost, centers, and other labels
• Multi-entity management

Pricing

Payhawk has three pricing plans:

Premium Cards	Includes: - Physical and virtual Visa Business Credit cards - Apple Pay and Google Pay - Automated expense reports - Approval of top-up requests on cards - Card spend policies and controls - Team cards for project spend
All-In-One Spend	Includes everything from the Premium Cards plan and: - Reimbursements and out of pocket cash management - Pre-accounting OCR in multiple languages - Smart inbox with receipt attachment - Bill payments with approvals - Supplier management
Enterprise	Includes everything from the All-In-One Spend plan and: - Multi-entity management - Success-based onboarding flow - Single sign-on - EIntegrations

All plans include unlimited cards, transactions, and users, although a fair usage limit applies to physical and virtual cards. Payhawk has apps available through the App Store and Google Play Store.

Customers who opt for an annual plan can earn cashback on payments which can then be applied to the subscription invoice. Only certain transactions apply.

Integrations

Payhawk can integrate with a wide range of software in categories such as finance, ERP, accounting, and more. Some top integrations include:

• NetSuite
• QuickBooks
• Microsoft Dynamics 365 Business Central
• Xero

The Partner API means Payhawk can even add custom integrations for clients. The Payhawk Solution Partner Program was launched to address integrations which can’t be built.

How much does Payhawk cost?

Payhawk has 3 pricing plans, so the total cost will depend on the plan you select.

Does Payhawk have physical credit cards?

Payhawk has physical Visa cards for clients. Virtual cards are also available.

Where can I spend money with Payhawk?

Payhawk is accepted at more than 36 million merchant locations worldwide. The corporate credit cards are by Visa.

What countries is Payhawk available in?

Payhawk is available in many countries, including the United Kingdom, the United States, and the European Economic Area (EAA). the latter includes: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

While available in all those countries, Payhawk has local offices in:

• New York City, United States of America
• London, United Kingdom
• Berlin, Germany
• Sofia, Bulgaria
• Barcelona, Spain
• Madrid, Spain
• Paris, France
• Amsterdam, Netherlands
• Vilnius, Lithuania

Is Payhawk a bank?

Payhawk is not a bank, it is a business spend management software. It assists scaling businesses with corporate credit card management for employees.