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Teampay - New SaaS Software

Teampay Review: Is It The Right SaaS Spend Management Software For Your Team?

Best for SMB teams · Mid-market · Enterprise

GDPRSOC 2
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Teampay offers custom pricing plan

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What is Teampay?

Teampay offers its users with the digital financial wizard, a solution that can be used to better manage your spending. This distributed spend management platform boasts a conversational web interface that leads users through their requests and automatically enforces the necessary regulations. Enjoy convenience and ease of access with its Slack integration, smartphone access, and online interface; allowing you to track your purchases and spending from anywhere.Teampay has a number of features, such as real-time spend data, managing your company's expenses

Pricing

  • Teampay offers custom pricing plan

Best For

Suited for solo users, small teams, SMBs, and enterprise

Security & Compliance

SOC 2
GDPR
  • SSO & MFA supported

  • Data residency:🇺🇸

Teampay Software Demo

Teampay was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.

Who should consider Teampay

Use cases
Financial operations teams, Procurement departments, IT and SaaS management teams
Team types
Finance managers, Procurement specialists
Company size
51-500 employees, 500+ employees
Workflow style
Flexible and configurable
Setup complexity
Medium

Why teams choose Teampay

  • Conversational web interface that guides users through spend requests

  • Automatic enforcement of spend policies and regulations

  • Multi-channel access including Slack integration and mobile app

Is Teampay right for you?

Best for mid-to-large teams needing guided, policy-driven spend management.

Choose Teampay if

  • You want a conversational interface that simplifies spend requests.
  • Your team requires automatic enforcement of spend policies and regulations.
  • You need multi-channel access including Slack and mobile app integration.

Consider alternatives if

  • You are a very small business with minimal spend management needs.
  • You require transparent, out-of-the-box pricing without sales engagement.
Pros and cons

Teampay pros and cons

  • Teampay pros
  • Conversational web interface that guides users through spend requests

  • Automatic enforcement of spend policies and regulations

  • Multi-channel access including Slack integration and mobile app

  • Teampay cons
  • Pricing is quotation based with no public pricing transparency

  • Limited publicly available detailed feature information

4.3/5 rating
210 verified reviews

Ready to try it?

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Connect with the team for a personalised demo.

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Still comparing?

See how it stacks up

Compare Teampay side-by-side with top SaaS Spend Management Software alternatives.

Spendwise (Officewise)
Airbase
Spendesk
+9 more
Compare alternatives

What is the pricing of Teampay?

Teampay uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.

Free TrialNot available
PricingTeampay offers custom pricing
Pricing Model
Quotation Based

Teampay reviews and ratings

Buyer sentiment

Users generally appreciate Teampay's ease of use and policy enforcement but note concerns around pricing transparency and setup complexity.

What buyers like

  • Ease of use
  • Policy enforcement
  • Integration with Slack and mobile access

Common complaints

  • Pricing transparency
  • Complex setup process

4.3

Very Good

Based on 30 ratings & 210 reviews

Are you using Teampay?

Rating Distribution

Excellent

(130)

Very Good

(80)

Good

(0)

Poor

(0)

Terrible

(0)

What users are saying

AU

Anonymous User

01/04/24

4.5 out of 5

"Very Easy To Use"

What do you like best about Teampay? Very quick and simple you just add what you want to do and the system does the rest. What do you dislike about ...

Read more

AU

Anonymous User

01/04/24

4.5 out of 5

"Very Easy To Use"

What do you like best about Teampay? Very quick and simple you just add what you want to do and the system does the rest. What do you dislike about ...

Read more

AU

Anonymous User

12/14/23

5 out of 5

"Quality Experience"

What do you like best about Teampay? As an end user, it's a very simple process built into Slack. I enjoy the conversational aspects of the tool and ...

Read more

JM

Julia M

12/14/23

4.5 out of 5

"Amazing for a nonprofit"

What do you like best about Teampay? Teampay takes out the processing time for making purchases at my company! I can buy something in real time ...

Read more

ON

Orlando N

12/14/23

5 out of 5

"makes our financial control way easier"

What do you like best about Teampay? How easy is to setup a new purchase and control the budget we have to spend. What do you dislike about Teampay?

ML

Marisa L

12/14/23

5 out of 5

"Was a Breeze!"

What do you like best about Teampay? It took less than five minutes (all done on Slack!) to request a payment card for an EOY team celebration! What ...

Read more

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What are the features of Teampay?

29%

Feature coverage

8 of 28 tracked features

An approval process is a mechanism through which a company approves documents, invoices, budgets, and purchase orders, as well as a new proc…

Fraud detection is a crucial feature that is used in software programs to identify, prevent, and mitigate fraudulent activities. This featur…

Receipt management is the process of organizing, filing, and benefitting from receipts that are kept correct and complete. The administratio…

When a subscription business charges a customer's credit card for items or services on a regular billing schedule, this is known as recurrin…

Reimbursement is compensation paid by a company for out-of-pocket expenses or overpayments made by an employee, client, or other third party…

Spend control refers to any approach or strategy used to cut or otherwise discipline an organization's spending. As modern businesses recogn…

Vendor Management is a crucial aspect of any business, regardless of its size or industry. It refers to the process of managing vendors or t…

Workflow is a collection of tasks that work together to process a batch of data. A workflow encompasses everything from creating assets to i…

Security & Compliance

Teampay security and data handling

Key compliance certifications and security features for IT and security teams evaluating Teampay.

Certifications

SOC 2✓ Certified
GDPR✓ Certified
HIPAA✗ Not certified

Security features

Single Sign-On (SSO)✓ Yes
Multi-Factor Authentication✓ Yes
Data Encryption✓ Yes
Audit Logs✓ Yes

Developer & data

Data residency
🇺🇸

Alternatives to Teampay

Simplify your finances with Spendwise.

8.0

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9.4

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Teampay Customers

Zumper-logo

Zumper

Goop-logo

Goop

RiskIQ-logo

RiskIQ

ConsenSys-logo

ConsenSys

Help & Contact

Teampay Support Options

Customer ServiceBusiness HoursOnline
LocationNew York, New York

Frequently Asked Questions About Teampay

Common questions buyers ask before choosing Teampay.

Teampay is a SaaS Spend Management Software. Teampay offers Fraud Detection, Workflow Management, Approval Process Control, Reimbursement Management, Spend Control and many more functionalities.

Teampay is a strong fit if: You want a conversational interface that simplifies spend requests.; Your team requires automatic enforcement of spend policies and regulations.. Consider alternatives if: You are a very small business with minimal spend management needs.; You require transparent, out-of-the-box pricing without sales engagement..

Buyers commonly note the following limitations of Teampay: Pricing is quotation based with no public pricing transparency; Limited publicly available detailed feature information; Potentially complex setup for smaller teams.

Some top alternatives to Teampay includes Spendwise (Officewise), Airbase, Spendesk, ControlHub and AccessPay Platform.

Teampay offers Quotation Based pricing model

We don't have information regarding integrations of the Teampay as of now.

The starting price is not disclosed by Teampay. You can visit Teampay pricing page to get the latest pricing.

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About the reviewer

Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].