Customer stories

Snocks cuts month-end close time by 70% with Moss

Franziska Nachtigall
Franziska Nachtigall
January 27, 2022

Leveraging Moss, Snocks stitches growth and efficiency into every fabric of its business model, expanding its footprint from Mannheim to the global stage.

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The challenge

Founded in 2016 by Johannes Kliesch and Felix Bauer, Snocks was built on the vision of delivering high-quality everyday essentials in fashion. Starting as a small team selling on Amazon, Snocks quickly evolved into an established online retailer with an expanding product range and a team of over 100 employees. Rapid growth brought with it complex financial challenges. With thousands of transactions occurring monthly, maintaining financial oversight and ensuring compliance became increasingly difficult.

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As Snocks scaled, it became clear to Rehan that they needed a digital solution to centralise their finances, reduce manual work, and give him the financial clarity needed to grow the business.

Solution

To tackle these growing pains, Snocks partnered with Moss to streamline and centralise its financial processes. Moss’ corporate card solution, with its integrated expense management and receipt automation, allowed Snocks to efficiently manage expenses and ensure that spending data was always accessible. Automated reminders and receipt categorization prompt employees to submit receipts on time, reducing the number of missing documents and keeping records organised.

Moss’ flexibility has also allowed Snocks to seamlessly adjust budgets and permissions as the team expanded, creating transparency across departments while helping Rehan retain control over all spending.

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Results

Since adopting Moss, Snocks has achieved significant improvements in operational efficiency, allowing the finance team to complete month-end closings within 8 days, a substantial reduction from the previous time of over a month. Moss’ automated workflows, receipt reminders, and seamless integration with accounting tools provide real-time data that supports timely decision-making.

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The use of Moss has also enhanced employee experience, with easy expense submission and tracking that fosters a sense of responsibility across teams. The streamlined process enables employees to handle their own expenses within set budgets, reinforcing a culture of trust and autonomy at Snocks.

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As Snocks continues its growth journey, Moss provides the stability, transparency, and flexibility needed to manage its expanding operations. The finance team looks forward to further developments in predictive analytics and automation that will support proactive budgeting, ensuring Snocks is ready for the future.