Case Study: Incomlend saves 50% of accounting time with Volopay

Key results

The challenge

Incomlend, a Singapore-based invoice-financing marketplace with over 60 employees spread globally, struggled to process reimbursement claims for staff in Singapore and abroad. Managing departmental budgets and frequent reporting errors added further overhead for the finance team.

The solution

Incomlend adopted Volopay so employees could submit claims in real time via mobile or web, with the finance team processing them through a single dashboard and enforcing mandatory submission policies.

The results, in context

Incomlend reported that its finance team saved almost 50% of the time spent on accounting activities after adopting Volopay. The company also saved up to 40% on payments using Volopay's infrastructure, with faster reimbursements and greater expense transparency.

Products used