How Vlt fixed its team spending workflow with Venn’s virtual cards and controls

Company: Vlt

Interviewee: Darcy Clarke, Founder & CEO

Location: Toronto, Montreal, Phoenix, San Francisco

About Vlt

Vlt is a developer tools company created by engineers who have spent decades shaping the JavaScript ecosystem. After helping build and support the world’s largest package registry, the team is now reimagining packaging infrastructure for modern development. Their focus is on tools that are fast, reliable, and intuitive for engineers.

The company works across four cities, which makes spending accountability and cost visibility essential. As CEO, Darcy oversees both product direction and the financial systems that support daily operations.

The Problem

Growing a distributed engineering team with one shared card

When Vlt started, they had a single corporate card that was used for every subscription, vendor payment, and operational expense. It worked for a two or three person team but quickly became a blocker as they scaled. Darcy quickly noticed how the setup limited visibility and exposed them to unnecessary risk.

The team had no way to separate budgets, track spending by function, or assign ownership. Receipts and reconciliation were a manual task that took hours every month. There was no reliable structure behind daily spend.

They also lacked a way to manage multi-currency expenses efficiently, which created extra fees and unnecessary friction as they worked with US based tools and vendors.

The Solution

A spend system that gives every team clarity and control

Vlt chose Venn to replace a single shared card with a complete spend setup that matched how the company operates.

The team issued virtual cards for each function, each vendor, and each recurring tool. This gave Vlt the ability to assign clear ownership, set limits, and prevent overspending. Budgets became predictable and visible, not reactive.

Vlt also adopted Venn’s multi-currency accounts, which let the team pay USD invoices directly from a USD balance. This removed unnecessary conversions and cut monthly costs. Receipt uploads became instant, which eliminated the manual steps that slowed reconciliation.

“As soon as we transitioned to Venn it was like night and day. We immediately turned all of our expenses that were flowing through this one card into all these different virtual cards.”
- Darcy, CEO at Vlt

The team now works with organized, transparent spending instead of one overloaded payment method.

Why Venn

A platform that gives founders control and removes admin work

Vlt chose Venn because the team needed a spend system that matched how engineers actually work. Instead of one shared card and a long reconciliation trail, each team and vendor now operates through its own virtual card with clear limits and ownership. This gave Vlt predictable structure for every recurring tool, subscription, and operational expense, and eliminated the manual tracking that slowed them down.

With Venn, their team now has:

• Clear ownership for every card tied to a specific team or tool
• Budgets that prevent overspend without slowing down engineers
• A clean way to pay USD invoices from a USD balance
• Real-time visibility into spending across teams and categories
• Faster close cycles because receipts and categorizations are handled up front
  

“I feel like it unlocked a lot of time and money. I have way more control over our money and cash flow.”
- Darcy, CEO at Vlt

As Vlt expands its platform and team, Venn gives them a system that scales without adding complexity to their financial work.

Who Venn is for

Technical teams that need structured spending and multi-currency control

Vlt’s experience mirrors the needs of many modern engineering companies. They operate across borders, rely on global tools, pay vendors in multiple currencies, and need precise control over spend without adding complexity to the business.

Venn supports this with:

• CAD and USD accounts for local payments
• Corporate Cards that can be issued instantly for tools, teams, and contractors
• Global Transfers for teams that work with partners and contractors in multiple countries
• Category controls and budgets that keep spending aligned with how the business operates
• Expense Management that removes manual receipt collection and speeds up reviews
• Predictable FX through integrated multi-currency tools when paying international vendors

For companies building across multiple locations or managing software spend at scale, Venn offers practical structure rather than another layer of administration.

Join the companies that use Venn to manage team spending, reduce costs, and operate with confidence. Try Venn today!

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