ConsenSys’ mission to empower people through innovative blockchain software is in perfect harmony with their Teampay partnership, ensuring employees stay productive in a highly distributed organization. With 1,000 employees worldwide and 97 cost centers, ConsenSys was looking to simplify its purchasing process, starting first with its U.S. operation of 400 employees. The company had relied on traditional shared corporate cards for employee spending but found the approach to be lacking. The Finance team couldn’t track spending by team, received unwieldy card statements, and had to chase down receipts for month-end reconciliation, a process that was a huge pain for everyone. In addition, the company has a non-policy approach to purchasing – being a decentralized organ

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