![]() ![]() Companies That Might Be Better Suited to Look Elsewhere Still, there are some key limits to what Divvy can do and who it can help. This is all good and can help companies large and small. The idea with Divvy and similar services appears to be to help its clients and their personnel spend more efficiently and conveniently, while lessening the potential for fraudulent purchases or erroneous expense reporting. In addition, Divvy also offers points-based rewards and can help companies with reconciliations, managing subscriptions, and preparing to file their taxes. A 2021 survey report by Stampli and Treasury Webinars, “How & Why Companies Choose Payment Types” found that 70% of businesses preferred to pay their suppliers through different means than checks. “As we listened to our customers, we heard them ask for a comprehensive payments platform so that they don’t have to use multiple software systems to manage their finances,” Murray said in a press release when acquired his company.ĭivvy has touted the benefits of payment cards, which is forward-thinking and consistent with research Stampli has participated in. On the positive side, although Divvy has had a major focus on travel and expenses, it has evolved beyond being a rudimentary tool for expense reporting. Who Divvy Best Helps and Its PricingĪs a free solution that allows unlimited users, Divvy can help startup businesses and stay with them as they grow – depending on their ERP setup or payments needs. Divvy’s website also explains that the company offers AP automation, with a click on this service redirecting to parent company,, which purchased Divvy in the spring of 2021.ĭivvy has been well-received, averaging 4.6 stars out of five through 230 reviews as of this writing on G2.com, though the service isn’t perfect, as we’ll get to in a second. Utah-based Divvy began as a back-of-a-napkin idea by co-founder Blake Murray in February 2016, as TechCrunch noted a few years later, with the company growing rapidly from there.ĭivvy touts itself as expense management and business budgeting software, with its products including virtual cards. What Divvy is and Why It’s Sometimes Not an Ideal Fit Today, we’re going to look at some basics about Divvy, how it can sometimes fall short, and three Divvy alternatives to consider, including Stampli. Specifically when mid-size or enterprise-level companies have invested in certain types of enterprise resource planning (ERP) software, there will be times when a company needs to go beyond Divvy for its expense management, payments, or AP processing. Divvy has also deployed a corporate card in recent years that’s drawn positive customer reviews.ĭivvy has its limits on what it’s capable of, though. One business that allows companies to do both of these things is Divvy.Ī free solution, Divvy helps companies with expense management and reimbursement, monthly closes, and preparations for tax season. Many companies would probably like to bolster their expense management and corporate card options. ![]()
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