Dovetail regained visibility and control of team spend with Airwallex virtual cards
How Dovetail, a leading digital agency, empowered their team while saving up to 15% on their monthly SaaS spend from hidden fees and unused Saas subscriptions.
3 hours
saved each week from chasing up receipts
10 - 15% saved
on monthly SaaS spend by eliminating unwanted subscriptions
3% saved
on international card transaction fees for USD-priced SaaS
Dovetail design and build digital products used by millions of people every day.
Industry
Agency
Location
Sydney, Melbourne, Auckland, Wellington
Company Size
50 - 100
Airwallex Products Used
The challenge
As a fast-growing agency, Dovetail staff worked across multiple clients at any given time. Their single corporate card could not keep up with their growth.
Inefficient SaaS subscription management resulting in high wastage
Dovetail uses a wide variety of SaaS tools. In the absence of a tracking mechanism, Dovetail ended up paying for a lot of unused software, especially as employees depart or projects finish.
Security risks through sharing a common corporate card
Before using Airwallex, Dovetail was sharing one corporate card for all business expenses. This made it difficult to track expenses to individual employees and often resulted in wasted effort in chasing after invoices and receipts.
The solution
Dovetail empowers their teams with Airwallex’s virtual cards. Dedicated virtual cards for each team with flexible spend limits and real-time visibility of team spending. The team no longer need to spend 2 - 3 hours each week chasing up receipts.
Dovetail has also saved up to 15% on their monthly SaaS spend. With a dedicated card for each SaaS subscription, it was easy for the team to manage and eliminate any unwanted SaaS subscriptions. Airwallex's 0% international card transaction fees also provided instant savings on USD-priced SaaS like Figma, Github and Slack.
Warren Durling
Chief Operating Officer
"Having all our global SaaS subscriptions in one place has streamlined our finance processes and enabled better tracking and control of expenses. It’s even better knowing that Airwallex isn’t hitting us with any international transaction fees."
About Dovetail
Dovetail is a full-service digital agency with offices across Melbourne, Sydney and Auckland. The team has founded, grown and sold technology companies across Australasia and the USA. The team’s most recent success is in building Afterpay’s mobile app and global websites.
With their fast-growing teams, Dovetail needed a better, streamlined way to take back control of their team expenses. A shared corporate card just didn’t cut it anymore.
How Dovetail empowered their growing teams with Airwallex
Dedicated employee virtual cards give back full visibility and control while saving up to 3 hours each week from chasing receipts
Each team member now had a dedicated virtual card. This empowered them to make needed purchases quickly while giving Dovetail better visibility of who was incurring the spend. Previously, it was difficult to reconcile a transaction to the right person on a shared card. Dovetail also sets the right daily, monthly or transaction limits to stay in control of their employee card spend.
Eliminated SaaS waste with up to 15% savings on monthly SaaS spend
Dovetail also issued dedicated virtual cards for each of their SaaS tools to help manage subscriptions. Cancelling unwanted subscriptions could now be done in minutes by simply cancelling the card. No need to hunt for lost SaaS login details.
Eliminated hidden international transaction fees on USD-priced SaaS
Many of the team’s core tools priced in USD, such as Figma, Github and Slack. With Airwallex’s Borderless virtual cards, the team further saved on these hefty bills from international card transaction fees previously charged on their local card.
See how our customers are finding Airwallex
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Andrew Ford and Rosa-Clare Willis
Co-founders, Crockd
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Murray Kester
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“The new Expense Management system has been a real time saver for us in relation to the administration of our benefits program. Team members can upload receipts as they shop and we are able to clear our reconciliations much faster this way.”
Tanya Karolia
Payroll & Benefits, Linktree
“Airwallex provides us with flexibility and cost savings in dealing internationally. We used Airwallex to receive our recent global fundraising round and pay international suppliers and are saving at least 5% per dollar transferred versus the big banks.”
George van Dyck
Finance Manager, Zoomo
“Having all our global SaaS subscriptions in one place has streamlined our finance processes and enabled better tracking and control of expenses. It’s even better knowing that Airwallex isn’t hitting us with any international transaction fees.”
Warren Durling
Chief Operating Officer, Dovetail
“Airwallex has made it really easy to pay our suppliers in any currency. We have not only saved $10,000 each month, but our suppliers now get their payments faster and in-full. We receive a notification once it’s dispatched, and it eliminates the worry factor of where our money is at. This is important for us to keep building a strong relationship with our suppliers.”
Danielle Goodwin
Director, Hawkeye Vintage