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July Release: Transfer Approvals, Virtual Accounts, Scheduled Transfers, and Slash Accounting

This month’s updates give you more control, cleaner structure, and smarter automation across every layer of your financial stack.

Author:Osama Qatanani
Osama Qatanani

We’re back with four new features, each built to bring more structure, precision, and automation to your financial operations.

July is all about sharpening your financial workflows: approvals before money moves out of your account, cleaner separation of funds, smarter payment flows, and and cleaner accounting that begins right in Slash. Whether you're scaling spend or closing books, Slash gives you the tools to move faster with more context and control.

Here’s what we’re shipping

Outgoing Transfer Approvals: Add control before funds move

Transfer Approvals let you define rules before any money leaves your Slash account*. Add approvers, set thresholds, and require sign-off for outgoing payments.

It’s a simple but powerful way to reduce mistakes, catch fraud, and create accountability across your team without slowing things down.

Virtual Accounts: Separate funds without opening new accounts

Virtual Accounts give you clean separation of funds inside your Slash dashboard. Whether you want to segment budgets by team, vendor, or internal use case, you can create and label as many virtual accounts as you need.

You get the clarity of separate accounts with none of the overhead. All funds are still in your core Slash account, fully available to use.

Scheduled & Recurring Transfers: Set it once, never forget

Automate the transfers you make every week or month like vendor payments, payroll, funding internal accounts, or whatever your business needs.

Just choose the amount, frequency, and destination. We’ll handle the rest. No more missed payments or calendar reminders.

Slash Accounting: Automate and organize spend before it hits QuickBooks

Most tools push raw transactions into QuickBooks, then ask you to clean them up. Slash flips that. You categorize spend at the source — where you have full context — and use automated mapping rules so recurring charges are tagged for you. Then, when everything looks right, you push clean data into your books.

What’s Next

We’re already building what’s launching in August. Expect more tools to help you manage money with precision and more ways to make Slash your home base for finance.

Catch you next month.

*Slash Account: Slash Financial, Inc. is a financial technology company and is not a bank. Deposit accounts provided by Piermont Bank, Member FDIC and Column National Association, Member FDIC. Deposits in Slash Platinum deposit accounts are FDIC-insured through Column N.A., Member FDIC and Column’s Sweep Program Network Banks (https://column.com/legal/sweep-program-network-banks). Certain conditions must be satisfied for pass-through FDIC insurance to apply. Deposit insurance applies per insured depository institution, per depositor in each insurable capacity in which the deposits are held. FDIC deposit insurance covers the failure of an insured depository institution. The Slash Financial, Inc. Mastercard® Debit Card is issued by Piermont Bank, Member FDIC. pursuant to a license from Mastercard and may be used everywhere Mastercard debit cards are accepted. The Slash Platinum Card is a Visa® charge card issued by Column National Association, pursuant to a license from Visa U.S.A. Approval is subject to eligibility. Payment of account balance is due in full daily. Monthly membership fees may apply. Card purchases may be eligible for cashback, see https://www.joinslash.com/legal/cashback-terms for more information.

*Slash Card: The Slash Platinum Card is a Visa® charge card issued by Column National Association, pursuant to a license from Visa U.S.A. Approval is subject to eligibility.