Protein is one of Northern Europe’s fastest-growing natural supplement brands for women. They’re one of Sweden’s fastest growing protein companies and are well on their way to doing the same within the Nordics. Their growth has skyrocketed – only two years after starting their brand in Sweden they launched in Norway, Finland and Denmark. Since then, they have expanded to the Netherlands, Germany, the UK, and launched Protein.com to bring their products to the rest of Europe.
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Protein is one of Northern Europe’s fastest-growing natural supplement brands for women. They’re one of Sweden’s fastest growing protein companies and are well on their way to doing the same within the Nordics. Their growth has skyrocketed – only two years after starting their brand in Sweden they launched in Norway, Finland and Denmark. Since then, they have expanded to the Netherlands, Germany, the UK, and launched Protein.com to bring their products to the rest of Europe.
"Working with AMEX for points and our bank for credit cards didn't really help our business much before we switched to Juni. We couldn't tell if we were getting any benefits, so we started looking for something that made more of a difference," says Albert Vllasa, CEO of Protein.
This approach had some highs and lows, then Albert heard Juni’s CEO and Co-Founder Samir El-Sabini on a podcast and discovered that there was an alternative that would help Protein achieve their goals faster.
“When we had to make the decision of switching to Juni, we realised that could only add more value to our business. So it wasn't a hard choice at all,” says Albert.
Avoiding overspending is key, especially for a fast-growing business in multiple markets. So, expense management becomes a vital process that requires high visibility and control.
Juni makes it easy for Protein’s finance department to manage their expenses by centralising their company cards and enabling clear subscription management with increased visibility of spend.
“As a CEO, I need to have an overview of our costs to see where we’re overspending and how we can reduce them. With Juni, I can easily do that in just a few clicks,” says Albert.
With numerous subscriptions needed to run their ecommerce business, from product fees to inventory planning, it’s important that Protein knows where they’re investing their spend. They use virtual cards to track expenses like subscriptions by creating one card for each subscription.
“Every time we start a new subscription, we create a card with the name of the subscription so we can easily keep track of that expense,” says Albert.
With Juni Mastercard® Corporate cards, Albert and his team can create virtual cards instantly in different currencies. With a few clicks, they can assign cards to different types of spend, or employees, without any overhead. And, just as easily, they can freeze or block them straight from Juni.
Juni Mastercard® Corporate cards have another benefit too: increasing control. Protein can set spend limits per card which allows them to manage their team’s expenses, and they can create filters to track expenses in different areas.
“I can keep track of cash with the Swedbank integration, and set limits on the team’s expenses. I can also create filters to track expenses in different areas,” says Albert.
As an added bonus, Protein gets cashback on their eligible debit spend. “Having a cashback solution helps with profitability. We can clearly see what's our current cashback balance and how it's contributing to the bottom line,” says Albert.
Along with efficient expense management, Albert has appreciated the support from his account manager, during his journey with Juni.
“Communicating with our Juni account manager has been very easy. She responds quickly and has a “can do attitude” which we value a lot,” says Albert.
Protein have ambitious goals to replicate their Swedish success in other markets, and significantly grow their turnover year-on-year. With Juni in their tech stack to give the financial oversight they need, Protein can make informed decisions on their spend and continue building on their winning strategy.