September 2022: What’s new at Revolut Business

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So here we are: September. There’s always been a certain charm about it – we’re still warm from the summer glow, and we feast on the sky and the leaves taking on beautiful shades of orange and gold.

So, keeping with the gold standard theme, we have some high profile updates for you this month. We dive deep into spend management (think analytics, spend and spend control), as well as upgrading our mobile apps, seamless repeat payments and more.

Let’s do this.

First, let’s dive into the data. Need to optimize your cash flow or know what your money is doing? You can understand all about the ins and outs of your business expenses through analytics. Break down spend by account, date, team member, category, merchant, and country, and see your spending forecasts and spending trends.

How do you solve a problem like expense management?

In a word (well, two): Revolut Business. Business expenses, team subscriptions, employee expenses – you name it, you can manage it here.

Issue physical or virtual debit cards to your team, regardless of your roster. Limit spending to specific time periods, by day, category or country. Save these rules as presets and apply them to multiple maps. Minimize back and forth between the finance team and employees.

And there’s even more to discover, too. What are you waiting for?

Schedule payments using your iOS device

For iOS users – and there are many of you – scheduling payments has been a strictly web-based affair. So far. Now you can schedule payments the way you want right from your Apple device, saving you minutes every time you do it. Android users, don’t feel left out; we just thought it was time to spread the love to everyone.

Repeat payments with just a few clicks

The majority of companies (yes, that means you) pay the same vendors month to month. Set up individual transfers for this every time? Well, we can see how that could get a little tedious. This is where PayAgain comes in: simply click on a previous transaction with the provider of your choice, click “Resend” and enter the amount you need to pay. Work done.

Brand new features for your Revolut Business plan (US only)

For our customers in the United States, this one is a big deal. Our plans have changed for the better – and that means yours have too. Highlights include everything from unlimited team members and setting individual permissions for them, to free international transfers and built-in expense management. It’s time to get started.

FX keeps moving forward (UK business plans only)

Protect your business from adverse fluctuations involving GBP, USD or EUR with pre-agreed rates, which can be secured up to six months in advance. On top of that, the minimum approved notional limit has been increased to £50,000 – and you can get it with just a few clicks, straight from the web app – and the initial deposit is capped at a maximum of just 5%. internet only

And we’re out of time!
Thank you for logging in to another edition of Revolut Business Monthly Updates. We’ll be back next month – same time, same place.

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