What is your App’s name and what do you do?
The app is called Divvy, a proactive expense management platform that eliminates expense reports, prevents overspend, and makes budgeting simple.
What was the main problem you were trying to solve when you first developed Divvy?
The headache behind Divvy was the expense reporting issue. Not only are expense reports a pain to create, submit, and correct, but since finance teams receive outdated information. You wouldn’t know your costs until the end of the month, and sometimes (if there were errors on the expense reports) not even then. All of this “stale data” makes making strategic financial decisions difficult.
What companies (or users) are the best fit for Divvy?
All companies can benefit from Divvy. We have small businesses and large enterprise accounts as well. Honestly, anybody who has had to deal with expense reports will see the value in Divvy.
Tell us about your users’ top 3 favorite features or benefits of Divvy.
Real-time visibility – all transactions are shown in Divvy’s platform. Finance teams can see who is spending, how much they’re spending, where they’re spending, and when. This protects businesses against wasteful employee overspending. Simple budgeting – quickly creating budgets for teams, projects, conferences, etc and assigning employees to these budgets. They then spend from these budgets, but cannot spend more than what is available to them. Virtual cards – Creates a totally unique 16 digit digital card for online transactions. This can be for recurring subscriptions or one time charges.
Tell us about your company’s culture and leadership.
Divvy has an awesome corporate culture. Everybody’s voice is heard and concerns and ideas are considered and oftentimes incorporated into the product. Its inclusive, constructive, and focused. Everybody understands the importance and power of the product. This focus comes directly from the leadership. Blake, the CEO and Co-Founder of Divvy, along with the whole leadership team are actively involved in the business and makes it a point to get to know everyone at the company. Blake leads by example and makes smart business decisions.
How is Divvy different from your competitors?
The difference between Divvy and other expense management software is two-fold. First, Divvy is a proactive solution. Instead of categorizing expenses after the transaction and submitting a report at the end of the month with a bunch of unexpected charges, Divvy users categorize expenses and spend from specific budgets before they swipe their card. This eliminates the need for expense reports. The other main difference is the price.
What is the pricing for Divvy?
Divvy is a completely free solution. We make our money from the vendor transaction fee, so Divvy doesn’t cost its customers anything.
Does Divvy have any programs for Quickbooks ProAdvisors?
Currently, we do not have any Quickbooks ProAdvisors programs, but as we grow that is definitely a channel we will make use of.
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