Volopay Company Research Report
Company Overview
- Name: Volopay
- Mission: Volopay is obsessed with empowering finance teams, transforming them from simple bookkeepers into strategic assets within organizations. Aspiring to drive change across the APAC region, Volopay aims to become the go-to financial partner for businesses seeking growth and efficiency.
- Founded: 2020
- Founders: No information is available
- Key People: No information is available
- Headquarters: Singapore
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Volopay is known for being a financial solution provider that offers corporate cards, automated expense management, and accounting integrations that streamline financial operations, helping businesses save time and money while elevating the role of their finance teams.
Products
Corporate Cards
- Description: Empower your employees with both physical and virtual cards for business expenses.
- Key Features:
- Issue physical & virtual cards to employees.
- Control, track, and set spending rules for each card.
- Widely accepted Volopay VISA cards for all business spending needs.
Expense Management
- Description: Manage and track every dollar that leaves your company.
- Key Features:
- Real-time transaction tracking.
- Detailed breakdown of business expenses.
- Automated expense report creation.
Business Account
- Description: Open a global account with multi-currency payments.
- Key Features:
- Hold money in multiple currencies.
- Empower international business growth.
- Seamless local & foreign money transfers.
Accounts Payable
- Description: Manage vendors, approve invoices and automate payments.
- Key Features:
- Multi-level approval workflows.
- Automate accounts payable processes.
- Schedule recurring payments to vendors.
Accounting Automation
- Description: Save hours daily, and close your books faster every month.
- Key Features:
- Native integrations with industry-leading tools (e.g., Netsuite, Xero, Quickbooks).
- Periodic automated syncing of accounting books.
- Simplifies financial record-keeping.
Integrations
- Description: Integrate with all the tools and software used daily.
- Key Features:
- Native integrations.
- Ensures up-to-date financial records.
- Enhances financial process automation.
Recent Developments
New Products Launched
- Payroll Module:
- Manage employee salaries as well as vendor payments.
- Virtual Accounts for Businesses in Singapore:
- Facilitate global transactions through a single business account.
- Multi-Currency Wallet:
- Hold money in more than one currency to support international operations.
- Mobile App:
- Allows expense management from anywhere, at any time.
New Features Added
- Co-Pilot Feature:
- Assign another team member to manage paperwork.
- Magic Scan (OCR-Powered):
- Auto-fill receipts against related expenses for easier invoice management.
- Upgraded Platform:
- New tools and features to efficiently manage business expenses.
New Partnerships
- No information is available
This report captures an in-depth understanding of Volopay's operations, product offerings, and recent advancements. This information is intended to offer a comprehensive view to stakeholders and interested parties looking to explore Volopay as a strategic financial solutions provider.
