Product Education

Holiday Spending with Float

It’s the most wonderful time of the year! The holiday season is upon us and our team at Float is excited to reflect on this past year, celebrate our milestones and prepare to hit the ground running in 2022. 💪

November 25, 2021

Keeping the spirit alive with distributed teams

As we get ready to wrap up 2021, there’s no better time than now to celebrate! With most teams distributed across the globe and traditional offices still largely vacant, companies are in need of innovative tools to thrive in this new environment. This holiday season, Float wants to spread cheer by making it easier for organizations to spend smarter, work better and celebrate the season regardless of where they are!

Have more fun this holiday season with Float

Whether you’re a startup with a five-person team or an organization with global teams, spreading holiday cheer has never been easier. Float’s spend management feature will simplify your finance team’s workflow during a hectic year-end so that you can have more fun and less stress! 

1. Deck the halls with zero admin work

Looking to make things more festive in the office this holiday season? Give your employees their own Float card to have some fun and decorate the office! But don’t worry, Float allows you to set clear limits so your team stays on budget as they deck the halls. You can even use our mobile receipt capture feature so everyone can save their receipts just seconds after they spend in-store. 🧾

2. Organize a ‘Secret Santa’ that everyone wants in on

Get the entire organization into the holiday spirit and organize a company-wide Secret Santa exchange. Use Float to issue virtual cards to all of your employees so they can easily purchase gifts with no muss and no fuss. With our new team management feature, only finance managers can see Santa’s secret list – you don’t have to worry about anyone peeking at each other’s receipts! 👀

3. Manage travel expenses with multi-level approvals

For distributed teams planning a holiday party, you can manage spending for those who are flying, driving or riding the train to attend the event. 🙋🏼‍♂️🧳 With Float’s multi-level spend management feature, you can empower employees and create spending rules based on category and amount. For example:

  • $10 meal in an airport? 🥗  No approval is needed. 
  • Need an extra night in the hotel? 💤  Submit a request to your manager.
  • Want to rent a car to get to the holiday party in Montreal? 🚘 The CEO needs to weigh in.

4. Mix your way into merriness

Bartending or mixology events are a great way to bring employees together and teach a new skill that they can use during their own holiday celebrations.🍸 Use Float’s virtual cards to distribute funds for employees to shop for ingredients! You can set a clear spending limit so your teams stay within budget and circumvent anyone from accidentally buying that luxe 50-year-old scotch! 🥃

Happy holidays from Float!

At Float, we have loads of fun building our platform together and enjoy spending time with each other, both during and after work hours. We recently came together to decorate our Toronto workspace with our team members who live in the city. Check out the video below to see how we got into the holiday spirit as a team! 🎄

Is your organization a distributed team as well? We’ll be releasing more tips and showcasing our own online holiday event later in December with Floaters from British Columbia to Nova Scotia. Stay tuned! 

Written by

Ruslan Nikolaev

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