Silkhaus

About Silkhaus

Silkhaus is a technology-driven short-term rental platform reimagining how landlords and travelers connect in today’s hospitality landscape. The company partners with property owners to manage and optimize short-term rental units, offering them to a wide range of B2C and B2B customers through leading platforms like Airbnb and Booking.com, as well as its own website and corporate booking platform.

By combining technology, operational excellence, and a deep understanding of hospitality, Silkhaus helps property owners unlock greater returns while providing guests with seamless, high-quality stays. With operations across multiple markets, Silkhaus is committed to maximizing value for landlords, delivering exceptional guest experiences, and setting new standards for the future of short-term rentals.

The problem

A broken expense system was slowing everything down

Before Alaan, Silkhaus relied on traditional corporate cards and reimbursements. With shared cards, limited visibility, and manual approval flows, everyday expenses became a bottleneck—slowing teams down and making financial control harder.

Key challenges:

• No real-time tracking:
  Without instant visibility, finance teams were always reacting late — unable to monitor cash flow or spot issues early.
  
• Manual reimbursements and reconciliation:
  Employees submitted expenses manually, receipts had to be verified one by one, and closing monthly books took longer than it should have.
  
• Approval delays and bottlenecks:
  One shared card meant one OTP per transaction. Payment approvals for even small expenses involved unnecessary layers, slowing teams down when speed was critical.
  
• Low accountability and control:
  Sharing a card across departments blurred ownership of spend and increased the risk of errors or misuse.

The solution

Transition to a system built for control, speed, and scale

Switching to Alaan didn't just make expense management easier — it rebuilt the way Silkhaus managed spend from the ground up.

Here’s how Alaan helped:

• Dedicated cards and wallet controls:
  Every team now has its own Alaan card, linked to a specific wallet and budget.
  This removed the need for shared cards, manual approvals, and reimbursement claims.
  Team members spend within pre-set budgets, and finance has full visibility from the start.
  
• Real-time tracking and visibility:
  Every transaction made on Alaan cards shows up immediately in the dashboard.
  Finance can now monitor spending as it happens — no more waiting for end-of-month reports or chasing employees for missing receipts.
  
• Automated reconciliation:
  Manual data entry and receipt verification used to delay monthly close.
  With Alaan, expenses are categorized automatically, receipts are uploaded easily, and reconciliation happens in a fraction of the time — freeing the finance team to focus on higher-value work.‍
• Streamlined approvals and faster decision-making:
  By eliminating shared cards and bank OTP bottlenecks, Silkhaus teams can move faster. Small but essential purchases no longer get stuck in multi-layered approval chains — keeping operations agile.

Conclusion

Before Alaan, Silkhaus’s expense management system was slow, manual, and full of friction — creating bottlenecks for teams and finance alike.

Today, with Alaan, spend is tracked in real time, teams have direct control with clear budgets, and month-end close happens faster and more accurately.

Managing company money no longer slows the business down — it powers Silkhaus’s growth.