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Teampay Logo
Teampay
4.3
(47)

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Request, approve, and track company spending in real-time.

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(1)

Teampay Pricing, Features, Reviews and Alternatives

Teampay product overview

What is Teampay?

Teampay empowers employees to make necessary purchases quickly without sacrificing control and visibility for the finance team. With Teampay’s spend management platform, finance teams can set spend policies, automate purchase requests and reconciliation, issue virtual and physical cards and gain real-time visibility into spend. Teampay directly integrates with Quickbooks Online, Xero, Intacct and Netsuite, ensuring you always have current, accurate data.

Key benefits of using Teampay

- Proactive purchase policy controls
- Real-time visibility into all spend - from card to PO
- Upfront coding
- Automated reconciliation
- Policy engine and approval workflow

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
Chat
Phone Support
FAQs/Forum

Training options

Documentation
Live Online
Webinars

Teampay pricing information

Value for money

4.2

/5

47

Starting from

ic-pricetag

No pricing info

Pricing options

Free plan
Subscription
Free trial
Pricing range

Teampay features

Functionality

4.0

/5

47

Total features

73

9 categories

Most valued features by users

Activity Dashboard
Third Party Integrations
Reporting & Statistics
Reporting/Analytics
Data Import/Export
Alerts/Notifications
Customizable Reports
Workflow Management

Teampay users reviews

Overall Rating

4.3

/5

47

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7.73/10
Rating distribution

5

4

3

2

1

24

16

4

2

1

Pros
I love that I get to see all of our credit card spend in real-time through slack notifications. It gives me great visibility into who is spending what and when.
My overall experience with them has been great. The customer service is very helpful.
The cash back on all purchases is amazing. Implementation was easy and the spend management control is beyond anything I have seen.
Cons
Integration with SVB is a pain, mostly due to SVB themselves... the paperwork never ends. There are some blind spots, e.g. payments that are refunded are hard/impossible to find on Teampay.
They do not provide credit unlike competitiors Divvy and Brex which really impacts the value. Also our Slack integration broke and it was very difficult to get it back up and running.
I also get logged out a lot which can be frustrating when I'm trying to send requests.
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Andrew D.

Consumer Goods, 201-500 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Let Management Make Their Own Decisions

Reviewed 5 years ago

Teampay is always there to help or answer any questions in a timely manner, which is important in the world of finance.

Pros

I love that it gives power to the people! The employees don't need to ask accounting for every single payment request, but also do not have a physical credit card that is difficult to track and report every month. This has eased up the lift in the accounting department as expense reports have fewer charges and AP is also lighter. There are still controls in place to ensure that these decisions are being approved, but these are decisions that should be approved within those departments anyway.

Cons

My company definitely pushed the limits of the software, in terms of transaction counts and approval groups. Managing approval groups is a bit clunky, but it's not a huge problem.

AM
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Amanda M.

Nonprofit Organization Management, 11-50 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Best Spend Management Tool

Reviewed a year ago

Overall it is great. It is easy to use and the control we have is great. We aren't micromanaging but we do have the control we were lacking prior to.

Pros

Teampay is super easy to use and has cut our monthly spend by more than 50%. Expense reports are turned in on time, its easy to upload receipts. It directly integrates with our ERP. The cash back on all purchases is amazing. Implementation was easy and the spend management control is beyond anything I have seen.

Cons

I wish the expenses wouldn't transfer over to our ERP unless the backup has been uploaded.

Vendor response

Hi Amanda, thank you for the kind words! We are so glad that you're finding Teampay to be super easy to use and that we've been able to help you reduce your monthly spend! We appreciate your support as we continue to grow.

JQ
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Jack Q.

Information Technology and Services, 201-500 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

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Adequate for a time

Reviewed a year ago
Pros

TeamPay is an intuitive software that is quick to get up and running. I'm able to approve and modify purchase orders coming through in moments through the Slack integration. It's simple.

Cons

Although it's quick to get up and running, TeamPay is not a long-term solution. Reporting and PO management is unstructured, creating extra work for AP teams. As an example, because nearly all of the system is open text, employees will make multiple vendors, POs that AP has to manually reconcile (ex: TeamPay, Team-Pay, TeamPay.com would all be different vendors).

Vendor response

Hi Jack, thank you for sharing your feedback. Our product team is actively working to optimize much of the functionality you described in your review and would love to speak with you to learn more about your experience and use cases. If this is of interest, please reach out to support@teampay.co. Thanks again for your feedback; we couldn't grow without it!

BG
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Brian G.

Information Technology and Services, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Great Visibility to Spend

Reviewed a year ago
Pros

I love that I get to see all of our credit card spend in real-time through slack notifications. It gives me great visibility into who is spending what and when.

Cons

I wish the expense reimbursement module was completely. This is a huge gap in my current processes that I would like to use Teampay to solve. Also, things that need to be paid with a physical card (ex. hotels, taxis, dinner) is somewhat difficult through Teampay.

Vendor response

Hi Brian, thank you for taking the time to share your experience. We're so glad to hear you're enjoying our Slack integration and have greater visibility into spend with Teampay. Regarding reimbursements, we recently announced direct reimbursement syncing with NetSuite, Sage Intacct, and QBO. Your Customer Success Manager would love to help you get that set up if you haven't already. They can also help you work through physical card transactions. Thank you again for your feedback!

TL
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Timothy L.

Telecommunications, 11-50 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Perfect for the Small Business

Reviewed a year ago

So far positive, as long as you build proper controls around it.

Pros

It's very easy to use and it's also integrated with Slack (no extra PW/Login needed). It's features are good enough to accomplish credit card controls, but not so robust that you have to build on top of it.

Cons

There were certain features that were missing (shutting off recurring subscriptions) and not having the ability to notify when renewals are up.

Teampay FAQs

Q. What type of pricing plans does Teampay offer?

Teampay has the following pricing plans:
Pricing model: Subscription


Q. Who are the typical users of Teampay?

Teampay has the following typical customers:
Large Enterprises, Mid Size Business, Small Business

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Q. What languages does Teampay support?

Teampay supports the following languages:
English

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Q. Does Teampay support mobile devices?

Teampay supports the following devices:
iPhone

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Q. Does Teampay offer an API?

No, Teampay does not have an API available.

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Q. What other apps does Teampay integrate with?

Teampay integrates with the following applications:
UKG Dimensions, UKG Ready, Access PeopleHR, Proliant, Sesame, Officient, Sesame HR, Lano, Zapier, Sage Intacct, QuickBooks Online Advanced, UKG Pro, Deel, Factorial, Google Workspace, Personio, TriNet Zenefits, Rippling, ADP Workforce Now, Azure Active Directory, NetSuite, Microsoft Teams, TravelPerk, Keka, SAP SuccessFactors HXM Suite, SAP SuccessFactors Work Zone, PayCaptain, Namely, AlexisHR, Tipalti, Workday Financial Management, BambooHR, Justworks, Paychex Flex, OneLogin, Okta, Slack, Microsoft 365, intelliHR, Paylocity, Sage HR, Nmbrs, ChartHop, Ironclad, Square Payroll, Dynamics 365 Business Central, Quickbooks Online, Workday HCM, Lucca, TriNet, TriNet Expense, Xero, Freshteam, HR Cloud

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Q. What level of support does Teampay offer?

Teampay offers the following support options:
Email/Help Desk, Chat, Phone Support, FAQs/Forum

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