How do subsidiaries work on Spendesk?
📂 Opening an account for a different subsidiary will create a new branch supporting a different currency (i.e. EUR €, GBP £, USD $, SEK, NOK, DKK).
How do you open a different Spendesk account for another subsidiary?
🔴 Remember that you need the "organisation owner" rights to perform this. 🔴
There are 2 possibilities:
🔍Click on the top-left corner of the screen on your entity's name and click on Add a new account.
Head over to Settings > Billing > Company plan and invoices
Click on Add an account
Fill out the form with the relevant information linked to your new entity and validate.
💡 Once your new subsidiary is created, you can:
invite new members,
Set up their Spendesk policy,
Create cost centers and set up approval flows,
Set up accounting codes (cost centers, vat accounts, general accounting codes).
💼 Need more information?
Feel free to reach out to your assigned Customer Success manager (or billing team) if you require some assistance: firstname.lastname@example.org.