1% cashback on all card spend
Stop wasting time manually managing expenses and let Capital on Tap's free, all-in-one spend solution make running your business easier.
Get a handle on your expenses with a centralised account and expense management platform.
Advanced filtering options lets you quickly see transactions by cardholder, amount, date and more.
Connect with Sage, Xero, FreeAgent, and more to sync all card transactions with your accounting software.
Sync daily automatically so you can set it and forget it.
Set personalised spending limits for transactions and total spend for you and your employees.
Receive real-time notifications tailored to your chosen spend threshold.
Delegate your financial management with our team management tool.
Effortlessly customise access for your bookkeeper, accountant, and employees with team management, tailoring permissions to fit your unique business needs.
Your Capital on Tap Business Credit Card auto-assigns expenses based on merchants, simplifying your taxes.
Add personalised notes to any transaction for even more efficient expense tracking, and simplified bookkeeping.
Never lose a receipt again. Seamlessly attach receipts to individual transactions on your account.
Stay organised, simplify expense tracking, and streamline tax documentation for your small business.
Track expenses on-the-go with the Capital on Tap app. Real-time notifications keep you informed anytime, anywhere.
Manage yours and employees' spending effortlessly.
Create dedicated cards for specific purposes, set spend limits, and terminate the card to manage subscription payments swiftly.
Effortlessly manage payments and stay within your budget using our free virtual cards.
Empower your employees with hassle-free business expenses. No more waiting for petty cash or reimbursement.
Give them the freedom to purchase what they need to get the job done, at no additional cost.
Facing a £75,000 expense with a £50,000 limit? Simply preload your balance with a £25,000 payment to close the gap. Not only do you gain the power to complete your purchase, but you also earn 1% cashback on the entire transaction.
Manage all your business expenses conveniently in one place while boosting your spending power.
Expense tracking means keeping a record of your business spending. This helps small business owners work within their budget and make smart investments.
Tracking expenses is crucial for small business owners as it helps them control their finances and stick to budgets. Tracking expenses also enables informed decision-making when investing in business growth and identifying cost-saving opportunities.
By diligently monitoring and recording expenses, you can optimise your financial management and pave the way for long-term success.
Expense tracking involves monitoring and recording individual business transactions to understand where money is being spent. It helps to keep a detailed record of expenses and allows businesses to analyse spending patterns.
On the other hand, budgeting is the process of setting financial goals, allocating funds for different categories, such as marketing or travel, and planning how money will be spent in the future. It helps businesses to create a roadmap for their finances and ensure they stay within their financial limits.
In summary, expense tracking looks at past spending, while budgeting focuses on planning future spending. Both are essential for effective financial management in any business.
Expense management is the way businesses handle and control their expenses. It involves tracking, analysing, and optimising spending to be more efficient, reduce costs, and make better financial decisions. This helps businesses stay on budget and have a clear view of their finances.
Expense management is important for several reasons:
Overall, expense management empowers small businesses to optimise their financial resources, make informed decisions, and maintain financial stability and growth in the long term.
Some business expenses you should be tracking include:
These are just a few examples, and business expenses can vary significantly depending on the type of business and its operations. Proper expense tracking and management are essential to ensure financial stability and growth.
Using business expense tracking software can make managing your business finances easier. Many software tools and expense management platforms can simplify the expense management process, and reduce administrative burden by being a centralised platform to store and manage expense data, providing a single source for financial records.
Page last reviewed on 19 March 2024
by Lily Winnan