Weel (formerly DiviPay) is a virtual corporate card and expense management platform from the company of the same name in Surry Hills, that aims to enable finance teams to better manage, control and streamline spending across their organisation.
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Verified User
Professional in Finance and Accounting (11-50 employees employees)
Use Cases and Deployment Scope
It is a corporate credit card platform and we use it to purchase and pay expenses. Issuing a credit/debit card from a bank is very time consuming and a long process. Weel makes it very easy to issue a card to the user. You can create the card and start using it within 10 min and if employee leaves the company, it takes two second to cancel the card and issue a new card to someone else. It also allows you to set up a budget for an individual or team. It is a digital credit card system.
Pros
Digital Credit Card
Team Budget
Instantly issuing a credit card
Tracking expenses and reimbursements
Cons
Mobile application of Reimbursements
Most Important Features
Issuing a credit card instantly
Assigning a budget to limit the spending
Approval process of expenses
Makes it easy to reimburse employees
Return on Investment
We used to waste our time to chase the bank to get and issue a card for employees, it is almost instant to do it via Weel.
We spent hours to keep track of reimbursement expenses and employees had to wait to get paid back but with Weel, it is all automated and approval process is very visible.