Take control of your company spend
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 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
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Gregory Van
CEO of Endowus
“Aspire deserves a 10 out of 10! Thanks to their unmatched innovation, our team has saved up to Rp60 million annually and increased time efficiency by 80-90% across various functions, including electricity, engineering, and logistics. The team is also responsive whenever we need them.”
$ 4,903
Saved per year
702hrs
Saved per year
View Case Study
Miranti Dyah Prawitasari
Corporate Accounting Manager
"Aspire is very useful for the finance team. When other solutions are less convincing, Aspire seems to be the most stable and reliable solution."
$9,989
Saved per year
416hrs
Saved per year
View Case Study
Arni Maulidya
Finance at Avoskin
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FAQ about Aspire Spend Limits
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.