If you've heard of Polaroo or browsed the web, you've seen that we make it possible to “unify your business expenses” and you may not understand what we mean by that, because you've never heard of it before.

That's why, in this article, I want to explain to you what we mean when we talk about “unification of expenses”.

Expenses that any company has to pay

Any company, regardless of the number of premises it has, has registered supplies: electricity, water, gas, internet, telephone. These expenses vary depending on monthly consumption, and you don't pay the same amount for them every month. Obviously, the more locations you have, the more supplies you pay for.

As essential services, many times Nor do we consider why we pay them, nor how much we pay for them, or if there are better options. They have to be paid, period.

However, just because we are used to paying unexpected bills, receiving charges with different frequencies and amounts, or overpaying for our services, doesn't mean that it's the only option.

Polaroo offers a new way to pay and organize expenses, grouping and stabilizing them, so that each month you pay a single fee that includes all the expenses for supplies for your premises or property.

What do you have with Polaroo vs. without Polaroo?

Let's make an assumption so that you quickly understand how we unify your company's expenses.

 If you have a company with several locations, all of them will have supplies registered. Imagine that your company has 5 stores, and in all of them you have electricity, water, internet and gas registered.

This means that you will pay 5 electricity bills, 5 water bills, 5 internet bills and 5 gas bills. In total, 20 different receipts, each one will arrive one day of the month and will also be of a different amount compared to the previous month.

 Well, the unification of expenses allows each place to have only one quota that groups together all those supplies.

This fee will come to you always the same amount and always on the same day of the month.

How does Polaroo calculate my monthly fee?

To calculate the monthly fee, what Polaroo does is a study of your expenses in recent months. Based on this study, calculate your total annual expenditure and divide it into 12 equal monthly payments. This monthly payment is the fee you will pay on the same day of each month, which will be the result of the average between the months with the highest consumption and those with the lowest consumption.

We make this fee the closest to your expenses, but it may happen that your expenses vary from year to year. Therefore, we periodically check that your quota is adjusted to your consumption, and we propose an adjustment in case the deviation is significant.

Therefore, when we set this quota, the deviation can be of two types:

1. That at the end of the year you have paid more than you actually consumed. As a result, we return your “leftover” money.
2. That at the end of the year you have paid less than you actually consumed. As a result, you would have to pay the difference or readjust your fee to cover that excess expense.

Benefits of unifying my company's expenses

Having a single fee that groups together all your company's supply expenses allows you to enjoy peace of mind and economic stability.

For this reason, there are already many companies that have unified their expenses thanks to Polaroo such as Glovo, Instamaki, Brownie, Do Laundry or Buenas Migas.