Spend Limits & Targets

Understanding spend targets for users.

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Written by Thnks Support
Updated over a week ago

Spend Limit

Spend Limit refers to a specific feature available on Teams that are on the Pro Level or above, which allows the Team Admin, to set a Team spend limit in a given month. These caps are set as monthly, meaning that they reset on the 1st of every month, 12am (CST). They can also be 'locked' or 'unlocked' - if a Spend Limit is locked then any User under the Team will not be able to spend past their assigned limit, and if a Spend Limit is unlocked then any User under the Team will simply be notified if they are going to exceed their assigned limit but they can choose to proceed if they would like to.

Spend Target

Spend Target refers to a specific feature available on Teams that are on the Pro Level or above, which allows the Team Admin to set a Team spend target for each user on a team in a given month. These targets are set as monthly, meaning that they reset on the 1st of every month, 12am (CST). If the team's overall Spend Limit is locked, each team member is unable to spend over their assigned Spend Target. If the team's overall Spend Limit is unlocked, each team member will simply be notified if they are going to exceed their assigned Spend Target but they can choose to proceed if they would like to.

  • Team Admins can assign individual monthly spend targets (per team and user) on the Thnks Admin Panel.

  • Click "Admin" at the top right corner of the page

  • On the left, click "Spend Limits"

  • Hit "Set user spend targets" and you can set individual spend targets for each of your team users that will reset each month on the 1st

  • You can set a team spend limit - essentially how much the team can spend per month regardless if there is remaining spend target for users

  • Your users can view their assigned monthly spend target in their user profile

  • Easily track your spend against your assigned spend target each month

  • You will be notified if you are going to exceed your spend target before sending a Thnks

Click to view when spend targets are reset in your area!

If you are interested in assigning a team spend target, user balances, or learning more about setting targets for your users, reach out to your Account Manager or email us at solutions@thnks.com

Have other questions? Start a live chat or email support@thnks.com

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