Payhawk, a leading finance orchestration platform, has launched Link & Control, a groundbreaking solution that allows companies to link their existing bank-issued corporate cards to its platform. This innovation enables real-time spend controls and transaction monitoring without requiring businesses to replace their current card programs, directly challenging the established models of competitors.
Quick Intel
Payhawk's Link & Control adds real-time spend controls to existing bank-issued corporate cards.
It allows finance teams to enforce spending policies without disrupting bank relationships or credit lines.
The solution consolidates multiple card programs from different banks into a single platform for unified visibility.
It challenges competitors by modernizing spend management without requiring a "rip-and-replace" approach.
Over 80 customers are already using the solution, processing more than $30 million in spend.
The launch is part of a major US expansion, including a growing NYC office and key leadership hires.
The Finance Team's Dilemma
Finance leaders face a difficult choice: they desire the efficiency of modern spend management platforms but are unwilling to sacrifice their established banking relationships, favorable credit lines, and rewards programs. Payhawk's own research highlights this tension, showing that 84% of US finance leaders value existing bank relationships over fintech efficiency gains, even though 72% would switch providers to optimize card management.
How Link & Control Redefines Spend Management
Traditional expense tools like Concur rely on outdated bank feeds, offering visibility only after spending occurs. Modern platforms like Ramp and Brex require companies to switch to their proprietary cards to unlock full value. Payhawk's Link & Control introduces a third way. It connects directly to major card networks, allowing companies to keep their existing cards while adding a powerful layer of real-time control and intelligence. This provides proactive policy enforcement on the cards businesses already use.
Key Features and AI Integration
The solution delivers configurable controls, including merchant and category blocks, budget limits, and role-based approvals. It provides real-time transaction feeds, receipt capture, and seamless integration with ERP systems. Hristo Borisov, Co-founder & CEO of Payhawk, stated, “Spend management hasn’t given finance a real choice: switch your card or watch from the sidelines. Link & Control redefines the category by putting built-in controls on the cards companies already use." Furthermore, Payhawk's AI Office of the CFO uses automated agents to handle tasks like chasing receipts and reconciling expenses, reducing manual work around these controls.
With its US launch and significant growth, Payhawk is positioned to disrupt the spend management category. Link & Control effectively bridges the gap between the need for modern financial controls and the desire for banking continuity, offering a compelling solution for mid-market and enterprise companies seeking efficiency without disruption.
Payhawk is the finance orchestration platform that unifies global spend management with intelligent automation and real-time payments. Our solution combines corporate cards, expense management, accounts payable, and procure-to-pay in a single platform — eliminating manual processes that slow companies down.
Unlike solutions that force a trade-off between powerful controls and great user experience, Payhawk delivers both, enabling finance teams to drive efficiency and growth while maintaining control. Headquartered in London with 9 offices across Europe and the US, Payhawk serves mid-market and enterprise companies in 32+ countries.
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