How Habito freed its finance team with Spendesk

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