Looking for an Openfloat alternative?
Openfloat is Pesapal’s business spend product. It lets companies pay bills, buy bulk airtime and disburse to paybills, tills, mobile numbers and bank accounts, with approval rules and audit trails. Kiotapay covers the same money movement, and adds budgets, HR and payroll with Kenyan statutory deductions, invoicing and collections on the same platform, so spending, paying staff and getting paid share one set of books.
What Openfloat by Pesapal is
- Owned by
- Pesapal, a long-established Kenyan payments company
- Focus
- Business expense payments: bills, bulk airtime, disbursements
- Channels
- Paybills, tills, mobile numbers and bank transfers from one account
- Controls
- Approval rules, budget monitoring and audit trails
Based on publicly available information, checked October 2026. Features change: confirm current details with Openfloat by Pesapal directly.
What Kiotapay does differently
Spend, payroll and collections in one platform
Kiotapay runs HR and payroll with PAYE, NSSF, SHIF and the Housing Levy, invoicing and multi-channel collections alongside spend, so the same platform handles money in, money out and salaries.
Controls that run before money moves
Spend policies, per-person and per-team limits, required receipts and multi-level approvals routed by amount, category or team.
Budgets by department and project
Assign monthly or quarterly budgets, tag spend to projects or cost centres at the point of payment, and track burn rate with alerts before a budget is exhausted.
Accounting sync
Transactions are auto-coded and synced to QuickBooks, Xero and other ERPs, with APIs and webhooks for custom workflows.
Kiotapay Spend Management
Wallets, budgets and approvals that stop overspend before it happens.
Common questions
- Can Kiotapay replace Openfloat for supplier and bill payments?
- Yes. Kiotapay pays suppliers and staff through mobile money and bank transfer, in single payments or bulk runs, with approvals applied before funds are released and automatic reconciliation afterwards.
- Does Kiotapay also handle payroll?
- Yes. Kiotapay HR & Payroll calculates PAYE, NSSF, SHIF and AHL, generates P9 and P10 reports and digital payslips, and pays salaries to bank and mobile money in one approved run.
Sources
Other comparisons
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