Teampay Overview

Teampay revolutionizes company purchasing through its all-in-one platform, offering a unique blend of proactive controls and real-time spend management. Designed for high-growth teams, Teampay consolidates all spending activities, providing a centralized view that enhances decision-making and financial oversight. The platform seamlessly integrates with existing tools, ensuring minimal disruption to current workflows while maximizing efficiency. A standout feature is its automated spend control, which not only accelerates purchasing processes but also maintains strict compliance and budget adherence. This strategic advantage positions Teampay as an essential tool for businesses aiming to optimize their revenue management processes.

Use Cases

Customers recommend Proposal & Quote Management, Distribution Management, Workflow Management, as the business use cases that they have been most satisfied with while using Teampay.

Other use cases:

  • Collaboration
  • Sales Call Management
  • Tracking & Monitoring Communications
  • Sending & Publishing Communications
  • Advertisement
  • Lead Tracking
  • Lead Qualification: Technographic
See all use cases See less use cases

Business Priorities

Increase Sales & Revenue is the most popular business priority that customers and associates have achieved using Teampay.

Other priorities:

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Teampay Use-Cases and Business Priorities: Customer Satisfaction Data

Teampay works with different mediums / channels such as Phone Calls.

Teampay's features include Alerts: Popups & Notifications. and Teampay support capabilities include 24/7 Support, Email Support, Chat Support, etc. also Teampay analytics capabilities include Custom Reports, and Analytics.

Reviews

"...Teampay is the first distributed spend management platform built for modern, technology-enabled businesses...." Peer review from Teampay

Peer review evidence (same sources as the product rating summary)

"...What Teampay discovered is that while the pain point for organizations is the actual purchase of a particular good or service, what companies are really looking for is better tools to manage expenses across the board, or what Hoag calls distributed spend management. ..." Tribe leads $12M Series A into Teampay to make managing employee expenses painless
"...What Teampay discovered is that while the pain point for organizations is the actual purchase of a particular good or service, what companies are really looking for is better tools to manage expenses across the board, or what Hoag calls distributed spend management. ..." Tribe leads $12M Series A into Teampay to make managing employee expenses painless
"...Configuring an approval workflow that matches the way that your company works...." The 9 Best Intacct Apps

Teampay, belong to a category of solutions that help Revenue Management. Each of them excels in different abilities. Therefore, determining the best platform for your business will depend on your specific needs and requirements.

Teampay automates repetitive tasks and enhances team efficiency with its all-in-one spend management platform. It streamlines expense processes to improve productivity.

Popular Business Setting

for Teampay

Top Industries

  • Computer Software
  • Financial Services
  • Consumer Goods

Popular in

  • Mid Market
  • Small Business
  • Enterprise

Teampay is popular in Computer Software, Financial Services, and Consumer Goods and is widely used by Mid Market, Small Business, and Enterprise.

Teampay Customer wins, Customer success stories, Case studies

What benefits does Teampay offer for Proposal & Quote Management?

What solutions does Teampay provide for Distribution Management?

What Are the key features of Teampay for Workflow Management?

11 buyers and buying teams have used Cuspera to assess how well Teampay solved their Revenue Management needs. Cuspera uses 182 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific Revenue Management needs.

Derby Academy - Education - Medium

Teampay helped Derby Academy automate their spend management and back-to-school shopping. The school used to spend four out of five days on manual purchase orders. With Teampay, staff submit requests... online, get fast approvals, and use virtual or physical cards. Real-time reconciliation and reporting keep spending on track. Teampay’s Amazon Business integration made classroom supply orders easy. Derby Academy saved $139,000 in one year using Teampay.

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ConsenSys - Information Technology And Services - Large

Teampay helped ConsenSys automate spend management for its decentralized workforce. The finance team replaced shared corporate cards with virtual cards and automated workflows. Integrations with Slac...k and QuickBooks Online enabled real-time spend tracking and approvals. ConsenSys reduced a 90–100-page AmEx reconciliation to almost zero manual effort. The company gained real-time visibility and accountability across 97 cost centers.

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ConsenSys - Information Technology And Services

Teampay helped ConsenSys improve spend management for its decentralized workforce. The finance team replaced shared corporate cards with virtual cards and automated workflows in Slack and QuickBooks ...Online. This change made the month-end close almost touch-free. ConsenSys gained real-time spend visibility and better accountability across 97 cost centers. The monthly AmEx reconciliation dropped from 90–100 pages to almost zero manual effort.

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Copper - Computer Software

Teampay helped Copper automate financial processes and stay agile during economic uncertainty. Before Teampay, Copper's month-end close took over two weeks and was chaotic. With Teampay, Copper reduc...ed month-end close to just 3-4 days. The finance team eliminated unnecessary credit card expenses and prevented over $13,000 in out-of-policy spend. Teampay's integrations and automated workflows made expense management simple and efficient for Copper.

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Derby Academy - Education

Derby Academy faced challenges with their back-to-school shopping process, which was manual and time-consuming. They used Teampay to automate their purchase workflows, allowing staff to submit virtua...l purchase requests and receive virtual card numbers upon approval. This streamlined their process, saving time and improving efficiency. The school also benefited from real-time reconciliation, ease of use, and a cash back program. Teampay's Amazon Business Integration further simplified purchases. As a result, Derby Academy saved $139k in 2023.

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lightning

Peers used Teampay for proposal & quote management and distribution management

Teampay Features

  • Low
  • Medium
  • High
FEATURE RATINGS AND REVIEWS
Custom Reports

4.57/5 ★

Read Reviews (23)
Analytics

4.15/5 ★

Read Reviews (4)
CAPABILITIES RATINGS AND REVIEWS
Custom Reports

4.57/5 ★

Read Reviews (23)
Analytics

4.15/5 ★

Read Reviews (4)

Software Failure Risk Guidance

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for Teampay

Top Failure Risks for Teampay

Teampay Corporation News

Awards

Teampay by Paystand Ranks #26 in G2's First ERP Awards

Teampay, under Paystand, ranked #26 in G2's inaugural ERP awards, highlighting its spend-management and receipt-automation capabilities. This recognition reflects Teampay's innovative approach in integrating blockchain-powered B2B payments and AI-enhanced AP/AR tools, offering finance teams real-time insights and improved cash management. The award positions Teampay as a competitive player against traditional ERP giants by providing modular solutions that enhance existing systems.

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Awards

Teampay by Paystand Recognized in the 2026 G2 Best Software Awards

Teampay by Paystand has been recognized in the 2026 G2 Best Software Awards, earning a spot in the newly introduced ERP category. This award highlights Teampay's impact on modernizing ERP-connected spend management and financial operations, based on verified user reviews. Customers praise Teampay for its intuitive workflows, real-time spend visibility, and seamless integration with tools like Microsoft Teams.

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Awards

Teampay by Paystand Earns Spot on G2's 2026 Best Software Awards for ...

Teampay by Paystand has been recognized in G2's 2026 Best Software Awards, ranking 26th on the inaugural Best ERP Products list. This recognition underscores Teampay's leadership in modern ERP infrastructure and highlights Paystand's expansion into a unified AP + AR platform for CFOs. The award is based on authentic user reviews, showcasing Teampay's impact on proactive spend management and financial innovation.

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Product

Team upgrades payment service TeamPay with imID - Telecompaper

Team Group has enhanced its TeamPay payment service by integrating imID for user authentication. This update allows customers to connect using a phone number and PIN, simplifying the sign-in process.

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Teampay Corporation Profile

Company Name

Teampay Corporation

Company Website

//teampay.co

HQ Location

155 5th Ave., 4th Floor, New York, NY 10010, US

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