Calo
How Alaan helped the Middle East’s leading food tech company streamline their financial operations
Key Takeaways
With Alaan, Calo
- Transitioned to a digital process for faster transactions and reduced manual effort.
- Experienced immediate visibility into company spend with Alaan’s mobile app.
- Enhanced compliance with integrated spending policies and controls.
About
Calo is a trusted food-tech platform offering personalised meal plans tailored for busy individuals using nutritional algorithms. Founded in Bahrain in 2019, Calo has rapidly expanded across several countries, delivering millions of nourishing meals crafted with care by chefs, nutritionists, and software engineers. With a strong focus on customer satisfaction, Calo’s Customer Experience team goes the extra mile to ensure joy and satisfaction in every meal delivery.
Problem
Trouble keeping track of expenses
As Calo experienced rapid growth and expanded its customer base, managing expenses became increasingly complex. The absence of a centralised spend management system led to a tedious process for tracking and managing expenses in real-time.
Employees faced challenges with manual receipt collection and data entry, resulting in frequent delays and errors. Additionally, the lack of automated approval workflows made it difficult to enforce spending limits and ensure adherence to company policies. These complications hindered Calo's ability to accurately monitor expenses, control costs, and make informed financial decisions.
Calo sought a solution to better manage business finance. Oneoftheteam's biggestpriorities was finding a spend management tool that would help control spending while also integrating with accounting software.
Solution
Simplified expense management for employees and the finance team
Calo needed a corporate card solution that would support rather than inhibit the company’s accelerated growth. Our corporate cards and expense management software provided everything they were looking for.
With the switch to corporate cards, Calo
- Changed manual tasks like making expense reports to digital ones, saving hours of time
- Set up spending rules and limits directly within cards
- Made it easy for employees to record expenses using a mobile app
- Gave the finance team a real-time view of all spending
Conclusion
In a few months, Calo achieved impressive adoption and compliance rates, with teams regularly using Alaan’s mobile app to manage daily tasks easily. This integration allowed Calo’s finance team to focus on strategic initiatives, significantly boosting overall financial efficiency.
Do you resonate with challenges faced by Calo's finance team? If yes, we might have a solution for you. Book a demo today!