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Payhawk: Summary

Payhawk is a financial technology platform that provides businesses with the tools to easily manage and control their global business spend. It offers features such as corporate cards, expense management, accounts payable, procurement, and multi-entity management.

Service Name

Payhawk

Industry

Financial Technology

Main Value Proposition

One Platform to Easily Manage & Control Global Business Spend

Description

Payhawk is a financial technology platform that provides businesses with the tools to easily manage and control their global business spend. It offers features such as corporate cards, expense management, accounts payable, procurement, and multi-entity management.

Key Features

Smart debit and credit cards with proactive spend controls and receipt collection, employee reimbursements and travel expenses with advanced approval flows, purchase orders, invoice management, and global payments in a single platform, custom request approvals, PO creation, and 3-way matching with automated accounts payable, global visibility and spend management with powerful group settings, market-leading integrations with ERP, accounting software, and other business tools

Use Cases

Payhawk can be used to increase spend control by managing company policies, spend, and approvals with customizable controls. It simplifies travel expenses by tracking mileage, per diems, and reimbursements in one place. It also helps manage subscriptions by monitoring all recurring payments. Additionally, Payhawk can be used to reconcile expenses in real-time and easily manage every aspect of company expenses. It also allows businesses to track their carbon footprint in operations and supply chain.

Competitive advantages

Payhawk's competitive advantages include its smart debit and credit cards with proactive spend controls and receipt collection, its advanced approval flows for employee reimbursements and travel expenses, its ability to handle purchase orders, invoice management, and global payments in a single platform, its custom request approvals and 3-way matching for accounts payable, its global visibility and spend management with powerful group settings, and its market-leading integrations with ERP, accounting software, and other business tools.

Pricing

N/A

Strengths

Payhawk's strengths lie in its comprehensive suite of features for managing and controlling global business spend. It offers a wide range of tools and integrations that can streamline expense management processes and provide real-time visibility into spend data.

Positioning

Payhawk positions itself as a platform that simplifies and centralizes the management and control of global business spend. It aims to provide businesses with the tools they need to efficiently handle expenses, reimbursements, and payments.

Audience

Payhawk's audience includes businesses of all sizes that have a need for managing and controlling their global business spend. It caters to a wide range of industries and sectors.

CTA

Payhawk offers a 'Request a demo' call to action on their landing page.

Social Proof

Payhawk showcases customer stories and testimonials on their landing page to provide social proof of their success in helping businesses save time, money, and resources.

Tone of Voice

Payhawk's tone of voice is professional, trustworthy, and efficient.

Trust Factors

Payhawk's trust factors include its partnerships with established banks, its Electronic Money Institution (EMI) licenses, and its compliance with international security standards such as PCI DSS, SOC1, and SOC2.

Differentiation

Payhawk differentiates itself from competitors through its comprehensive suite of features, its focus on global spend management, and its market-leading integrations with ERP, accounting software, and other business tools.

Brand Positioning

Payhawk positions itself as a leading and trusted spend management platform that empowers businesses to efficiently manage and control their global business spend.

Founded

2018-07-21

Founders
  • Boyko Karadzhov

  • Hristo Borisov

  • Konstantin Dzhengozov