Concept Exploration • 2024

Global Business Account & Spend Management

A product exploration designing a unified financial hub for global startups. Targeting the friction points between multi-currency accounts, international payroll, and employee corporate cards.

-40%
Reconciliation Time
0%
FX Markup Transparency
3 Mins
To Issue Virtual Card
1 Hub
Unified Treasury
Role
Principal Product Designer (Concept, IA, Prototyping, B2B SaaS).
Timeline
Concept (2024)
Focus Area
B2B SaaS / FinTech

Situation: The Fragmented Finance Stack

A typical modern startup operates globally from day one. They might be incorporated in the US (Delaware), hire developers in Poland, and sell software to customers in the UK.

To manage this, they duct-tape together traditional bank accounts, high-fee international wire services, and separate corporate card providers. This fragmentation leads to extreme friction for the CFO: hidden FX markup fees, slow vendor payments, and days lost exporting CSVs at month-end to reconcile expenses.

The "Frankenstein" Setup

Traditional Bank

Holds USD. Charges 3% FX markup and $45 per international wire. Takes 3 days to settle.

Standalone Corporate Card

Not connected to the main ledger. Requires manual pre-funding. Receipt chasing via Slack.

P2P FX Service

Used strictly for paying international contractors to avoid the bank's wire fees.

Task: The Unified Treasury Vision

This concept exploration aims to design a unified platform that consolidates receiving money globally, managing FX at mid-market rates, and controlling employee spend—all within a single, elegant interface. The target audience is scaling SMEs that have outgrown simple banking but aren't ready for complex ERPs.

Target User Journey (Finance Manager)

01. Receive Funds

Open local GBP and EUR account details instantly to accept customer payments like a local business.

02. Auto-Convert

Set rules to auto-convert incoming EUR to USD at mid-market rates to maintain base liquidity.

03. Delegate Spend

Issue a virtual card to the Marketing Lead with a strict $5k/mo budget tied to the USD balance.

04. Pay Vendors

Pay a Polish contractor in PLN directly from the USD balance without correspondent bank fees.

05. Auto-Sync

All transactions and matched receipts sync automatically to Xero/Quickbooks.

Action: Designing the Hub

Research, Information Architecture & Core Flows

CFO User Interviews

To move beyond assumptions, I conducted 12 remote interviews with startup CFOs and Head of Finance roles. A recurring pattern emerged: the "month-end close" was a source of massive anxiety. They were manually downloading CSVs from their US bank, a separate European bank, and three different corporate card platforms, then using VLOOKUPs in Excel to map expenses. I documented this fragmentation via a detailed Journey Map, highlighting that the core UX problem wasn't moving money—it was tracking it centrally.

Information Architecture & The "Treasury" Dashboard

The biggest challenge in multi-currency design is "Base Currency Anchoring." A CFO needs to know their total liquidity in their home currency (USD), while simultaneously seeing their active balances in EUR, GBP, and SGD. I designed the dashboard to elevate the aggregated USD value while keeping individual ledgers one click away.

Placeholder: Unified Treasury Dashboard UI

Acme Corp
Home
Balances
Send Money
Cards & Spend
Bills (AP)
Total Balance (USD Equivalent)
$1,245,000.00
US USD
$850,000.00
Main Account
EU EUR
€310,000.00
≈ $335,000.00
GB GBP
£47,000.00
≈ $60,000.00

Deep Dive: Virtual Cards & Spend Controls

Trust, but verify programmatically.

Decentralizing Corporate Spend

Corporate cards traditionally carry high risk, leading CFOs to hoard them. This bottleneck means marketing can't buy ads without asking the CFO for the plastic card.

I designed a Self-Serve Spend Flow. Employees can request a virtual card for a specific purpose (e.g., "Google Ads"). They select the budget, frequency, and currency. The request routes to their manager via Slack. Once approved, the virtual card is instantly generated and tied directly to the main ledger. If the employee leaves, the card is paused instantly.

  • Merchant-locked cards (only works at Google)
  • Auto-expiring cards for one-off SaaS subscriptions
  • SMS/Push notifications nagging for receipt capture

Request New Card

Q3 Google Ads Limit
$5,000
Monthly
SM
Sarah M. (CFO)

Placeholder: Virtual Card Management UI

Projected Outcomes

How this impacts the bottom line for SMEs.

~15 Hrs
Saved Monthly
By automating Xero reconciliation
2-3%
Margin Recaptured
By eliminating bank FX markups
100%
Spend Visibility
Real-time ledger vs batch updates
Zero
Missing Receipts
Via forced capture at POS