Float News

Control Employee Expenses with Float’s Latest Features

From Dynamic Approvers to a new HRIS Integration, Float’s latest features were built in Canada with ❤️

July 12, 2023

At Float, we understand the unique challenges that Canadian businesses face when it comes to managing their finances. That’s why we’re dedicated to providing innovative solutions that simplify spending and empower finance teams across the country.

Today, our team is excited to announce the launch of several new features that will give your business even more control over team spending (and savings).

Dynamic Approvers: Streamline Approval Processes

Finance teams can easily implement their expense guidelines directly in Float with automated policies and card controls. With Float’s new Dynamic Approver functionality, customers can now streamline their organization’s approval processes even more.

With this new feature, setting up your company’s organizational structure in Float has never been easier – you can now assign direct managers to team members, allowing for dynamic roles in Approval and Transaction Review policies. This means that spend requests can be automatically routed based on your company’s reporting hierarchy, in addition to individual team members. 

HRIS Integration: Keeping Employee Float Accounts Up-to-Date

We recognize the importance of keeping employee information accurate and up-to-date.

With Float’s new HRIS integration, available to Professional customers, you can effortlessly ensure that employee Float accounts reflect the latest changes in your HR system. By seamlessly syncing with popular HR systems like BambooHR, this integration saves you time, reduces administrative tasks, and maintains data integrity.

Now, you can focus on strategic financial decisions, knowing that your employee information is always current.

Transaction Reviews: Enhancing Control Over Team Spending

With the ability to issue zero-dollar card balances, top-up funds only when required, and restrict spending to specific merchant categories, Float lets finance teams enable team spending while retaining full financial control.

For companies that need an added layer of control, Admins can now set up Transaction Review Policies so that Managers can confirm that their team’s transactions were permitted under your company’s expense guidelines. This feature reinforces Float’s commitment to providing comprehensive spending management solutions for businesses of all sizes.

Built in Canada with ❤️

As a Canadian business, you deserve a financial partner that understands your unique needs. Float is committed to supporting your success by simplifying spending and providing you with the tools you need to navigate Canada’s financial landscape. 

That’s why we’re excited to reward our existing customers with locked-in Pro pricing of new Enterprise features like Transaction Reviews and our HRIS Integration – as our way of saying thanks for helping our team build the future of financial services in Canada.

Whether you’re currently on Pro or sign up for Pro in 2023, you’ll gain access to select new Enterprise features launched this year and enjoy continued access to Float’s $99 a month Pro pricing.

Take advantage of our Built in Canada offer and sign up for the Professional plan to gain access to these new Enterprise features. Sign in to Float or book a demo today with our dedicated and local team to experience the future of financial management.

Written by

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Amy Fisher

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