Soldo vs Fyorin
Compare Fyorin and Soldo to find the right solution for your company’s business spend management needs. While Soldo provides expense management only, Fyorin delivers a unified financial operations platform that combines a comprehensive spend management solution with accounts payable and receivable, as well as global payments in 100+ currencies.
Soldo vs Fyorin Expense Management Feature Comparison
Dedicated multi-currency accounts in 100+ currencies | ||
Domestic payment routes | ||
Automated payables | ||
Bulk payments | ||
Automated payroll | ||
Automated receivables | ||
Virtual and plastic cards | ||
Merchant Cards | ||
Cash rebate on virtual card spend | ||
High initial limit for card spend | * | * |
Accounting tool integration | * | |
Online dashboard for card and expense management | ||
Automatic categorisation of expenses | ||
API capabilities | ||
Management of different entities under the same group from one portal | ||
Soldo is a spend management platform focused on helping businesses improve control over company expenses. Known for its customizable, pre-programmable cards, Soldo allows businesses to create dedicated cards for specific use cases—including subscriptions, fuel expenses, and petty cash—manage them remotely, and track expenses in real-time. Soldo’s pricing starts at 21 GBP per month on its Standard Plan, with enterprise-level capabilities and ERP integrations restricted to higher plans, which some businesses may need as they grow.
Fyorin is a comprehensive financial operations platform that integrates expense management, accounts payable (AP), accounts receivable (AR), and multi-currency global payments. Designed for global businesses looking to streamline their financial processes, Fyorin offers high-flexibility corporate cards with substantial initial limits and seamless ERP integrations at all pricing tiers, allowing for easy tracking and accounting of business expenses in real-time. Unlike Soldo’s exclusive focus on spend management, Fyorin enables businesses to manage the entire financial lifecycle in a unified system, offering automated payables, receivables, and payments in 100+ currencies within the same platform. This makes Fyorin an ideal solution for growing businesses seeking both functionality and scalability.
Cash Rebates on Spending
While both Soldo and Fyorin offer virtual and plastic cards for business spend, Fyorin’s cards stand out with a unique cash rebate feature. This means that businesses earn rewards every time they spend, turning day-to-day expenses into a valuable revenue stream and effectively lowering operational costs over time. Soldo does not currently offer any cash-back or rebate incentives, making Fyorin’s cards an excellent choice for companies looking to improve their bottom line.
Advanced virtual card flexibility
Both Fyorin and Soldo offer customizable virtual and plastic cards, but Fyorin’s virtual card features are more suitable for businesses requiring greater scalability. Unlike Soldo, which limits card issuance to 30 cards on its Standard Plan, Fyorin allows for unlimited card creation, making it well-suited for companies planning to expand. Additionally, Fyorin’s cards offer initial spending limits of over €250,000, making them suitable for larger, high-value payments (e.g., taxes, hosting expenses) without the need for additional approval processes. Dedicated merchant cards also provide businesses with greater control over targeted expenses, such as subscriptions or supplier payments.
Broad and scalable integrations offerring
While Soldo’s accounting and ERP integrations (including Netsuite, SAP, and Dynamics) are available only on certain tiers, Fyorin offers the full suite of integrations—including Xero, QuickBooks, and Sage, as well as popular ERP systems like Netsuite and Microsoft Dynamics—across all pricing plans. This means that businesses of all sizes can fully leverage Fyorin’s expense management solution and seamlessly integrate it into their existing workflows.
Comprehensive Financial Operations Platform
Fyorin goes beyond Soldo’s expense management capabilities by providing a full suite of financial operations tools, including automated accounts payable and receivable, as well as global payments in 100+ currencies—all from the same platform. Automated AP and AR workflows allow businesses to handle bills and invoices efficiently, while direct payment capabilities in 100+ currencies ensure quick, cost-effective, and seamless transactions. Unifying all core financial operations in one tool with Fyorin saves time on implementation, setup, and training, while reducing subscription fees. In contrast, Soldo users would still need to source additional tools for other financial operations if required.
