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How Habito freed its finance team with Spendesk

author

Aaron Townsend, Financial Controller

66subscriptions managed with Spendesk

2days saved by finance per month

1days to prepare final reports each month

Company

Habito Habito is an online mortgage broker and lender. Sourcing from a network of over 90 lenders, it developed its own lending platform from scratch to help borrowers get a mortgage in just a few weeks.

The company recently launched Habito Plus, a complete service that automates conveyancing, solicitors, valuation, and brokerage - all for one price.

Headquarters

London, United Kingdom

Founded

2015

Company size

51-200

Industry

Financial services

Main challenges

  • Payments with company credit cards were hard to track
  • Processes weren’t remote-friendly, and relied heavily on the finance team
  • Team members had to ask finance countless small questions
  • A lack of autonomy for employees who needed to spend

Solutions

  • Online payment platform rolled out to all staff
  • All subscriptions moved from Amex to Spendesk virtual cards
  • Faster employee reimbursements for out-of-pocket expenses
  • Decentralized spending processes

Key results

  • An easy online payment process that team members love
  • Less day-to-day admin for the finance team, and more time for strategy
  • Faster and more accurate financial reporting
  • More automation for the finance team

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