Divvy
Streamline business spending with real-time visibility and control.
Executive Summary
BILL Spend & Expense (formerly Divvy) is a comprehensive financial operations platform that combines corporate cards with expense management software. It is designed for small and midsize businesses (SMBs) to automate and simplify their spending, budgeting, and expense reporting processes. The platform offers real-time visibility into company spend, enforces budget controls, and leverages AI to automate tasks like expense categorization and receipt matching, ultimately saving time and ensuring financial data accuracy.
Use Cases
- Employee Expense Tracking and Reimbursement
- Real-time Budget Enforcement and Control
- Automated Reconciliation with Accounting Software
- Issuing and Managing Corporate Cards (Physical & Virtual)
- Streamlining Vendor Payments via Corporate Cards
- Gaining Centralized Visibility into All Business Spending
Features
Visibility
- Real-time Spend Tracking: Monitor all company expenses as they happen, providing instant visibility into financial activity across all corporate cards.
- Customizable Budget Controls: Set and enforce granular spending limits and policies for individual employees, teams, or projects, with the ability to block specific categories.
- Spending Snapshot & Analytics: Access a comprehensive overview of spending activity and trends through intuitive dashboards, enabling informed financial decisions.
- Automated Receipt Matching: Automatically matches uploaded receipts to corresponding transactions, reducing manual effort and ensuring accurate record-keeping.
Intelligence
- AI-Powered Expense Categorization: Leverages AI to automatically categorize transactions based on merchant and historical data, learning from user corrections.
- Automated Expense Report Generation: Eliminates manual expense reports by automatically generating and submitting them as transactions occur.
- Fraud and Overspending Prevention: Utilizes virtual cards, instant card freezing, and real-time policy enforcement to prevent unauthorized spending and fraud.
- HRIS Integration for User Management: Connects with HR systems to streamline the onboarding and management of employees and their access to corporate cards and budgets.
Support
- Virtual Assistant: Provides immediate assistance and guidance through an AI-powered virtual assistant available on the help center.
- Dedicated Account Manager: Clients, especially those with higher spending, may receive support from a dedicated Account Manager for setup and ongoing assistance.
- Online Help Center & Resources: Extensive online documentation, FAQs, and video tutorials are available for self-service support.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA (3-factor authentication), OpenID Connect 2.0
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- Machine Learning
Integrations
- QuickBooks
- Xero
- NetSuite
- Sage Intacct
Security & Compliance
Certifications: SOC 1 Type II, SOC 2 Type II
Encryption: AES-256 at rest, TLS in transit.
Pricing
- Model
- Freemium with paid tiers for additional features
- Starting Price
- Free for core Spend & Expense features; paid plans for AP/AR start at $45/month.
- Target Customer
- SMB to Mid-Market
- Contract Type
- Not explicitly stated, likely Monthly/Annual options
- Free Trial
- Yes, Custom demo available; free trial mentioned. (credit card required)
About divvy
Divvy is a fintech company providing expense management software and smart corporate credit cards that combine budgeting, bill pay, and real-time spend tracking for businesses. The product integrates company cards, automated expense reporting, and budgeting controls to help finance teams manage spend and cash flow.