Teampay Software

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About Teampay

Teampay empowers employees to make necessary purchases quickly without sacrificing control and visibility for the finance team. With Teampay’s spend management platform, finance teams can set spend policies, automate purchase requests and reconciliation, issue virtual and physical cards, and gain real-time visibility into spend. Teampay directly integrates with Quickbooks Online, Xero, Intacct and Netsuite, ensuring you always have current, accurate data....
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Teampay User Reviews

OVERALL RATING

SECONDARY RATINGS

Ease-of-use

4.5

Value for money

4.5

Customer support

5

Functionality

4.5

Showing 1 - 5 of 12 reviews

User Profile

Andrew

Verified reviewer

Company size: 201-500 employees

Industry: Consumer Goods

Time used: Less than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

February 2019

Let Management Make Their Own Decisions

Teampay is always there to help or answer any questions in a timely manner, which is important in the world of finance.

Pros

I love that it gives power to the people! The employees don't need to ask accounting for every single payment request, but also do not have a physical credit card that is difficult to track and report every month. This has eased up the lift in the accounting department as expense reports have fewer charges and AP is also lighter. There are still controls in place to ensure that these decisions are being approved, but these are decisions that should be approved within those departments anyway.

Cons

My company definitely pushed the limits of the software, in terms of transaction counts and approval groups. Managing approval groups is a bit clunky, but it's not a huge problem.

User Profile

Shannon

Verified reviewer

Company size: 51-200 employees

Industry: Real Estate

Time used: Less than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

February 2019

Makes your life easier!

This tool is amazing and every company should be using it! I have never used a more efficient accounting approval and purchase tool. Love, love, love it!

Pros

I first started using this app as an Office Manager you may be several purchases in one day. I'd spend a full day once a month going back and finding my receipts in my inbox or dig through my wallet. Now, I get my purchases approved and have accountability to load my receipt directly after the purchase. It's such a time saver!

Cons

I wish there was a physical card we could use for in-person transactions or places that require a card.

User Profile

Brett

Verified reviewer

Company size: 51-200 employees

Industry: Hospitality

Time used: Less than 12 months

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
4

Ease-of-use

out of 5
4

Value for money

out of 5
5

Customer support

out of 5
3

Functionality

out of 5

November 2019

Solid for recurring expenses, but there are better options out there

We wanted to help our team purchase the products they need while keeping track of everything and Teamppay does a good job of it. Problem is their competitors are able to offer additional value.

Pros

The Slack integration is a very cool and user friendly way for users to request additional recurring billing software. Customer support team is good and trying to grow the product as they are a small company.

Cons

They do not provide credit unlike competitiors Divvy and Brex which really impacts the value. Also our Slack integration broke and it was very difficult to get it back up and running

Reasons for choosing Teampay

Intial setup was easier than Divvy and they had an integration with Slack

Chris

Company size: 501-1,000 employees

Industry: Computer Software

Time used: Less than 12 months

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
4

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

February 2019

Excellant Service

Excellent service and great product for a company our size with many different types of expenses.

Pros

The ability to control, track and monitor spending. I prefer the use of virtual cards because it for the most part guarantees receipts from emails, unlike a physical card and having to track receipts down.

Cons

Sometimes the website is slow on loading. Also having the ability to prevent someone from making a future charge if they have not uploaded receipts from a prior purchase. This will help reinforce the need to upload receipts. If teampay can expand globally that would also be great.

Mehran

Company size: 51-200 employees

Industry: Retail

Time used: Less than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

February 2019

My favorite tool

Pros

As an AP Manager, here at The Bouqs Company, this tool has saves us plenty of time and money. Amazing speedy way of giving employees credit cards through an approval process.

Cons

The lack of monthly statements makes it a bit difficult to reconcile the account during our month end close.

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