Teampay Features

Teampay

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

4.58/5 (12 reviews)

Competitor Feature Comparison

"What If" Scenarios
API
Access Controls/Permissions
Account Reconciliation
Accounting Integration
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts / Escalation
Alerts/Notifications
Approval Process Control
Approval Workflow
Audit Trail
Budget Control
Budgeting/Forecasting
Cataloging/Categorization
Categorization/Grouping
Compliance Management
Configurable Workflow
Contract/License Management
Corporate Card
Cost Analysis
Credit Card Management
Currency Conversion
Customizable Fields
Customizable Invoices
Customizable Reports
Customizable Templates
Data Import/Export
Data Visualization
Document Storage
Duplicate Payment Alert
Electronic Payments
Expense Claims
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Forecasting
Fraud Detection
Inventory Management
Inventory Tracking
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Mobile Access
Mobile Payments
Mobile Receipt Upload
Monitoring
Multi-Company
Multi-Currency
Multi-Department/Project
Multi-Location
Online Invoicing
Online Payments
Order Processing
PO Reconciliation
Performance Metrics
Planning Tools
Point of Sale (POS)
Policy Management
Prepaid Cards
Procurement Management
Projections
Purchase Order Management
Purchasing & Receiving
Purchasing Reports
QuickBooks Integration
Real Time Analytics
Real Time Data
Real Time Monitoring
Real Time Notifications
Real Time Reporting
Real-time Updates
Receipt Management
Receiving/Putaway Management
Recurring Payments
Recurring/Subscription Billing
Reimbursement Management
Reminders
Reporting & Statistics
Reporting/Analytics
Requisition Management
Rules-Based Workflow
Self Service Portal
Self-Service Reporting
Single Sign On
Sourcing Management
Spend Analysis
Spend Control
Spend Management
Supplier Management
Third Party Integrations
Transaction History
User Management
Vendor Management
Vendor Master Data Management
Workflow Management
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"What If" Scenarios
API
Access Controls/Permissions
Account Reconciliation
Accounting Integration
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts / Escalation
Alerts/Notifications
Approval Process Control
Approval Workflow
Audit Trail
Budget Control
Budgeting/Forecasting
Cataloging/Categorization
Categorization/Grouping
Compliance Management
Configurable Workflow
Contract/License Management
Corporate Card
Cost Analysis
Credit Card Management
Currency Conversion
Customizable Fields
Customizable Invoices
Customizable Reports
Customizable Templates
Data Import/Export
Data Visualization
Document Storage
Duplicate Payment Alert
Electronic Payments
Expense Claims
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Forecasting
Fraud Detection
Inventory Management
Inventory Tracking
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Mobile Access
Mobile Payments
Mobile Receipt Upload
Monitoring
Multi-Company
Multi-Currency
Multi-Department/Project
Multi-Location
Online Invoicing
Online Payments
Order Processing
PO Reconciliation
Performance Metrics
Planning Tools
Point of Sale (POS)
Policy Management
Prepaid Cards
Procurement Management
Projections
Purchase Order Management
Purchasing & Receiving
Purchasing Reports
QuickBooks Integration
Real Time Analytics
Real Time Data
Real Time Monitoring
Real Time Notifications
Real Time Reporting
Real-time Updates
Receipt Management
Receiving/Putaway Management
Recurring Payments
Recurring/Subscription Billing
Reimbursement Management
Reminders
Reporting & Statistics
Reporting/Analytics
Requisition Management
Rules-Based Workflow
Self Service Portal
Self-Service Reporting
Single Sign On
Sourcing Management
Spend Analysis
Spend Control
Spend Management
Supplier Management
Third Party Integrations
Transaction History
User Management
Vendor Management
Vendor Master Data Management
Workflow Management
Visit WebsiteCompare App
"What If" Scenarios
API
Access Controls/Permissions
Account Reconciliation
Accounting Integration
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts / Escalation
Alerts/Notifications
Approval Process Control
Approval Workflow
Audit Trail
Budget Control
Budgeting/Forecasting
Cataloging/Categorization
Categorization/Grouping
Compliance Management
Configurable Workflow
Contract/License Management
Corporate Card
Cost Analysis
Credit Card Management
Currency Conversion
Customizable Fields
Customizable Invoices
Customizable Reports
Customizable Templates
Data Import/Export
Data Visualization
Document Storage
Duplicate Payment Alert
Electronic Payments
Expense Claims
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Forecasting
Fraud Detection
Inventory Management
Inventory Tracking
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Mobile Access
Mobile Payments
Mobile Receipt Upload
Monitoring
Multi-Company
Multi-Currency
Multi-Department/Project
Multi-Location
Online Invoicing
Online Payments
Order Processing
PO Reconciliation
Performance Metrics
Planning Tools
Point of Sale (POS)
Policy Management
Prepaid Cards
Procurement Management
Projections
Purchase Order Management
Purchasing & Receiving
Purchasing Reports
QuickBooks Integration
Real Time Analytics
Real Time Data
Real Time Monitoring
Real Time Notifications
Real Time Reporting
Real-time Updates
Receipt Management
Receiving/Putaway Management
Recurring Payments
Recurring/Subscription Billing
Reimbursement Management
Reminders
Reporting & Statistics
Reporting/Analytics
Requisition Management
Rules-Based Workflow
Self Service Portal
Self-Service Reporting
Single Sign On
Sourcing Management
Spend Analysis
Spend Control
Spend Management
Supplier Management
Third Party Integrations
Transaction History
User Management
Vendor Management
Vendor Master Data Management
Workflow Management
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Teampay Feature Reviews

12 reviewers had the following to say about Teampay's features:

Andrew D.

Let Management Make Their Own Decisions

2019-02-08

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

Pros

This has eased up the lift in the accounting department as expense reports have fewer charges and AP is also lighter.

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Clyde A.

Good but Chatbots aren't there yet

2021-04-11

I use TeamPay to expense things from one time payments to recurring subscriptions

Pros

The best part about TeamPay is expensing monthly subscriptions and that when the slack integration works it can be smooth as butter

Cons

Instructions when talking to Chatbots are never 100% clear and there's no easy way to know their commands.

Rating breakdown

Ease of use
Features

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
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Rohan S.

Nimble and flexible tool, but quite expensive for what it is

2019-11-28

Pros

Slack integration, and how easy it is for employees to submit an expense

Cons

The fact that they dont give us credit, and rather we pay them in advance to be able to use their product

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Mehran K.

My favorite tool

2019-02-05

Pros

Amazing speedy way of giving employees credit cards through an approval process.

Cons

The lack of monthly statements makes it a bit difficult to reconcile the account during our month end close.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Brett W.

Solid for recurring expenses, but there are better options out there

2019-11-12

We wanted to help our team purchase the products they need while keeping track of everything and Teamppay does a good job of it.

Pros

The Slack integration is a very cool and user friendly way for users to request additional recurring billing software.

Cons

Also our Slack integration broke and it was very difficult to get it back up and running

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

3/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Hospital & Health Care company, 11-50 employees)

Quick and easy to setup, pretty seamless once you've tried it a few times

2019-02-05

Pros

- great way to control expenses of the team - easy to setup approval groups - very responsive customer service - good response of my team who can now make their own purchases - relieves stress from central buyer who can focus on more important things

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

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Shannon M.

Makes your life easier!

2019-02-12

I have never used a more efficient accounting approval and purchase tool.

Pros

It's such a time saver!

Cons

I wish there was a physical card we could use for in-person transactions or places that require a card.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Olivia N.

Trial

2021-06-27

While I am still exploring how to use this software, I am fairly confident that I will be able to use this to make my business run more smoothly. This has been a learning experience.

Pros

I just started using this software. I am still learning about it.

Cons

I wish it was a little easier to understand.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Consumer Electronics company, 201-500 employees)

Useful tool, with a few caveats

2019-02-08

Pros

Makes generating and tracking temporary credit cards very easy.

Cons

Successfully capturing descriptions can be difficult with the bot. Also, Teampay allows only one financial entity per Slack instance, so for example we can only use it with our US office, not our EU office, because they share the same Slack instance.

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Chris W.

Excellant Service

2019-02-12

Excellent service and great product for a company our size with many different types of expenses.

Pros

The ability to control, track and monitor spending.

Cons

Sometimes the website is slow on loading. Also having the ability to prevent someone from making a future charge if they have not uploaded receipts from a prior purchase. This will help reinforce the need to upload receipts. If teampay can expand globally that would also be great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Computer Software company, 11-50 employees)

Best solution for expense management

2019-02-12

Pros

The ease of use, and the time I got back from implementing the solution.

Cons

I think it has nothing to do with the software, but at time I forge to close unused cards.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Tiffany B.

TeamPay Review

2019-02-05

My overall experience with them has been great. The customer service is very helpful

Pros

It makes requesting a card so easy.

Cons

There are a few weird tech issues I have experienced.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more