Control spend before it happens with spend limits

Our intuitive tools allow you to set predefined spending limits, ensuring your budget stays on track and preventing overspending.

Trusted by 15,000+ modern businesses

Trusted by 50,000+ modern businesses

Spending smarter is easier than ever

Prevent overspending

Set daily, weekly, or monthly spend limits tailored to your needs.

Customizable controls

Easily adjust limits for different expense categories or individual transactions.

Real-time alerts

Receive instant notifications when a spend limit is reached or a transaction is attempted.

Stay in control of your company spend

Effortless spend limit management

Easily set or update spending limits on Aspire virtual or physical cards directly from your dashboard.

Set spend limits to ensure you stick to your budget

No more overspending.

We’ll even ping you to stay on track. If necessary, adjust budgets and limits with a couple of clicks.

Flexible spend control

Customize the spend limit with card locks on specific merchants and options for daily, weekly, monthly, quarterly, yearly, or one-time refresh frequencies.

Role-based access

Admin users and Budget Owners can manage spend limits, ensuring that only authorized personnel make adjustments.

Hear it first from our customers

“As a startup, we needed more flexible solutions to support our increasing needs, as well as ones that’d make the most financial sense in supporting our growth.”
$110,000
Saved per year
900hrs
Saved per year
View Case Study

Gregory Van

CEO of Endowus

"It was challenging to recognise costs efficiently with manual processes. With Aspire, we have control and visibility into all expenditure, allowing us to act swiftly and make informed decisions."
1,664hrs
Saved per year
$ 35,320.00
Saved per year
View Case Study

Holly Qian

Head of Finance, First Page Digital

Chai Yang

Finance Director

"For organisations with many moving parts like ours, budgeting is important. Being unable to view our state of expenses at any given time causes challenges to modern businesses like ours."
760hrs
Saved per year
$ 73,000.00
Saved per year
View Case Study

Sagar Khatri

Co-Founder at Multiplier

Take control of your company spend
Get Started for free

FAQs about spend limits and spend control

Spend controls: what are they?

Businesses must spend to increase their revenue; spend control is the process of monitoring and controlling these business spends that occur due to regular business operations.

How can businesses implement adequate spend controls?

Some common methods to implement effective spend control include using prepaid or debit corporate cards, using a centralised expense management platform, and defining clear approval flows and expense policies. These tools help businesses set adequate budgets and spend limits, which can help them control spending effectively.

Why are spend limits critical in spend control?

Spending limits can help businesses ensure financial discipline. It prevents unregulated spending, which helps businesses establish adequate spend controls and efficient cash flow management.

What types of controls can businesses establish using Aspire spend limits?

Businesses can set spend limits which are time-based (e.g. $10,000 for the month), expense category-based (e.g. $10,000 for marketing spends) or transaction-based (e.g. $1,000 for an office coffee machine). Businesses can set them up to issue once or recur on an ongoing basis (daily, weekly, monthly, quarterly or yearly). Businesses can also use it with ‘Merchant locks’ whereby the limits are available only for a list of specified merchants/vendors (e.g. FB ads, LinkedIn Ads, Google Ads, etc.). This ensures that any expenditures made by the employees are within budget and as per the defined policies.

How do spend limits work with budgets?

Spend limit is one of the many features available within budgeting. With Aspire, you can plan budgets across your organisation and then specify spending limits to control and track spending within a specific budget. This ensures that you never exceed the budget limits. Thus, you can control the budgets top-down, prevent overspending before it happens, and track everything in real-time.

With Aspire, you can:

  • Set budgets across geographies, offices, departments, or teams. Create spend limits for more granular planning and tracking
  • Customise spend limits for expense categories like business travel, vendor payments, office utilities, etc.
  • Enable employees to use multiple corporate cards to segregate spends with ease by using Aspire’s unlimited virtual corporate cards.
  • Track actual spending against your budgets and receive real-time notifications when the budget limit is reached, or a specific transaction is attempted.

Does Aspire provide real-time notifications for spend limits?

Yes. With Aspire you can get real-time notifications when a spend limit is reached or a transaction is attempted. Businesses also have real-time visibility on the budget amount utilization, which facilitates speedier adjustments and better financial planning.