The Challenge

Spinny was managing petty cash and operational spends manually across its numerous outlets, leading to:

• Delays in approvals and reimbursements
  
  
• Lack of real-time visibility into expenses
  
  
• High risk of cash leakage and misuse
  
  
• Cumbersome reconciliation and audit processes

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The Solution

Tera deployed its unified spend management system across all Spinny retail outlets and operational units. The solution included:

• Prepaid cards for branch-level purchases
  
  
• UPI wallets for on-the-go payments
  
  
• Mobile-first expense capture with receipt uploads
  
  
• Real-time dashboard for finance team to track and control spends

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Impact

Since implementing Tera, Spinny has significantly streamlined its spend management process:

• Approval times have gone down, making the process faster and more responsive
  
  
• Non-compliant and unapproved transactions have decreased noticeably
  
  
• Wallets and cards are now being used more efficiently, with better tracking of available funds
  
  
• Budgets are more tightly controlled, with better alignment between planned and actual spends
  
  

Receipt uploads have improved, ensuring smoother audits and internal checks

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