Teampay's Purchase Assistant integrates with your company's communication tool, so employees don't have to learn a new behavior to spend compliantly. Connect through Slack, Teams or the Teampay web app.
The Purchase Assistant guides employees through the purchase process, so they don't have to reach out to the accounting team whenever they need to make a purchase.
Teampay's Purchase Assistant automatically ensures compliance as employees enter their purchase details—so there's no need to continually communicate your policy.
You take care of the important stuff—like keeping the business on track and planning for the future. Just set your policy, and Teampay automates the rest.
The Purchase Assistant automatically routes purchase requests to the appropriate approvers before issuing a secure payment method. No tracking down mystery purchases, no unwanted surprises.
Teampay notifies employees about the status of their request, alerts them if approvers have questions and sends receipt reminders once purchases have been made. All conversations are tracked and easily searchable.
Post-purchase, Teampay automatically syncs the data with your accounting software and reconciles it into your general ledger—no expense reports necessary.
Amanda Martin, VP of Finance, Orlando Realtors Association
Get employees what they need—fast and in-policy. See what an automated, accelerated approval process looks like, with a step-by-step view of the Purchase Approval Workflow.
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FDIC insurance is available on customer funds through pass-through insurance at Sutton Bank, Member FDIC where we have a direct relationship for the placement of deposits and into which consumer funds are deposited. Pass-through insurance is only available if certain conditions have been met, and there may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.
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