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Payhawk

by Payhawk · Since 2016
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ActiveAvailable globallyCloud
Quick facts
VendorPayhawk
Year launched2016
StatusActive
LocationChancery House 53-64 Chancery Lane London WC2A 1QS +44 20 4586 5402
Countries servedGlobal
Languages1
Integrations4+
Free tierN/A
Free trialN/A
Contact salesYES

About Payhawk

Payhawk is a spend management platform from Payhawk that unifies all business spending. It provides control, visibility, and automation so organizations can manage their financial workflows effectively. Payhawk combines features like expense tracking, invoice management, and budgeting tools to give finance teams a comprehensive view of their spending in one place. With AI-powered insights, users can make informed decisions without added complexity. The platform supports various financial operations, allowing businesses to stay organized and maintain clarity in their expenditures. Key capabilities: expense tracking invoice management budgeting tools AI insights financial reporting Best for: finance teams that need to manage and control business spending efficiently.

Payhawk is a global Spend Management Platform that unifies corporate cards, reimbursements, and accounts payable into one AI-driven interface. In 2026, it is recognized for its ability to eliminate the "manual month-end" for finance teams. By integrating directly with ERPs like NetSuite and Xero, Payhawk captures receipts via AI at the point of sale, automatically categorizes the expense, and syncs it with the company’s ledger. It is particularly valuable for multi-entity companies operating across different currencies and tax jurisdictions.

Pros & Cons

Pros
  • Uses industry-leading OCR to read and categorize receipts in over 60 languages with minimal errors.
  • Features native, real-time sync with NetSuite, Sage Intacct, and Microsoft Dynamics 365.
  • Offers corporate cards with interbank exchange rates, saving significant costs for international travel.
Cons
  • The cost structure is often prohibitive for small businesses with fewer than 10 employees.
  • In certain regions, like the US, it may only support credit-based cards rather than prepaid debit options.
  • Highly complex organizational structures sometimes find the "linear" approval paths too restrictive.

Features

Key features

Unified Corporate Cards

Instant issuance of physical and virtual cards with real-time spend limits and automated receipt prompts.

AI-Powered OCR

Extracts data from receipts and invoices in 60+ languages with near-perfect accuracy.

Global Reimbursements

Facilitates fast, low-cost employee reimbursements in over 50 currencies across 160 countries.

Additional features

Multi-Step Approval Workflows

Customizable spending policies for different departments and seniority levels.

Automated VAT Tracking

Automatically identifies and codes VAT to simplify tax recovery.

Subscription Management

Tracks recurring SaaS spend to identify duplicate or unused licenses.

ERP & HRIS Integration

Native sync with Sage, SAP, QuickBooks, and Workday.

Shared Team Budgets

Allows departments to share a single budget pool across multiple cards.

Carbon Emission Tracking

Calculates the environmental impact of corporate spend based on merchant categories.

Card Auto-Blocking

Automatically freezes a card if a user fails to upload a receipt for a previous transaction.

Direct Bank Transfers

Built-in SEPA and Faster Payments for paying supplier invoices.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
3
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇬🇧GBP🇪🇺EUR

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