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The rapidly evolving spendmanagement market is once again experiencing a breakout moment. As the category leader and pioneer, Airbase is the first and only spendmanagement platform to now offer Guided Procurement — intake functionality for all purchasing. first appeared on Airbase.
Airbase is the highest-ranked mid-market spendmanagement platform on G2 for the fourth quarter in a row! We hold the coveted top position on the Mid-Market Grid ® Report for SpendManagement, Spring 2023. The fact that I find Airbase delightful to use was such a surprise to me.” How to read the G2 Grid.
We frequently hear from customers that they’re experiencing a much better spend culture across the organization thanks to Airbase. This results from removing friction, uncertainty, and frustrations for employees and accounting teams when it comes to spending company money. Measuring the soft benefits of spendmanagement.
The impact can be dramatic: Healthcare network Doximity estimates the move to Airbase saves their finance team 60 hours each month. In addition to time savings, the visibility and control that a spendmanagement system gives are required to reduce unnecessary, unplanned, or rogue spending. first appeared on Airbase.
Speaker: Spencer Falbo, Principal at Kong Basile Consulting
A SpendManagement Software that consolidates all expenditures onto a single platform and automates many of the workflows associated with spending company funds. In this webinar Spencer Falbo, principal at Kong Basile Consulting, will teach you: How to incorporate spendmanagement into your existing workflows.
You’re likely focused on getting maximum value for any expenditure — a higher ROI and greater impact — which is exactly what modern spendmanagement solutions can provide. Part of what business spendmanagement offers is a more holistic approach compared to siloed, legacy point solutions. Time to value. Flexibility.
Airbase, a spendmanagement company looking to consolidate a range of expense management processes for organizations, has announced new funding for its technology. The financing reportedly closed at the end of last November but was not revealed until this week, when Airbase officially announced its product launch.
We’ve curated 12 up-to-date and actionable expense management tips to help you control costs while still helping employees fund the resources and activities they need. Table of contents What is expense management? 12 best practices for expense management Get started with Airbase Expense Management. Let’s dive in!
Because of these serious consequences, we take sync errors very seriously here at Airbase, with concerted and ongoing efforts to minimize them toward zero. Transaction software like Airbase performs specialized finance functions that then must get synced into the GL. What do I need to know about sync errors?
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spendmanagement needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spendmanagement best practices and concrete GAP analyses is more streamlined and accessible than ever before.
We’ve curated 12 up-to-date and actionable expense management tips to help you control costs while still helping employees fund the resources and activities they need. Table of contents What is expense management? Top 12 expense management tips for businesses in 2024 Get started with Airbase Expense Management.
It’s been just seven months since we launched our groundbreaking Guided Procurement module, which represents a new milestone for spendmanagement. We can break out our recent product advancements into three categories: The big changes that let you expand into other areas with Airbase, like travel booking. Guided Procurement.
At Airbase, I’m the controller of a 300-person tech company without a dedicated procurement professional, so the responsibility to ensure that the procurement function is being fulfilled (policy compliance and vendor management) falls to me. As a result, they lacked real-time control over that spend.
Airbase has witnessed this thirst for solutions with widespread and rapid uptake of our new Guided Procurement module since it was released earlier this year. Traditional procure-to-pay software addresses many of the steps that do not apply to decentralized spending. The innovation of Airbase Guided Procurement.
Evaluating the time-to-value of a spendmanagement platform. Time-to-value is an important consideration for spendmanagement platforms because of the wide range of users. For example, here’s how one G2 reviewer describes her experience with Airbase: “Airbase is super user-friendly.
A rule-based platform like Airbase lets the system enforce compliance right from the beginning of a spend request — even for corporate card spending. By removing ambiguity around company purchasing policies, rule-based platforms have the power to transform spend culture and put finance into a more collaborative role.
An automated, consolidated spendmanagement platform helps treasury departments gain the visibility and control they need to build responsiveness for a turbulent economy. Let’s take a look at the interaction between the treasury function and spendmanagement. How does spendmanagement help the treasury function?
Kelly Hicks and Robin Sharma share advice after Airbase successfully completes its first external audit. As Airbase recently secured its first, we were curious about the experience and caught up with our frontline players for some insights. KELLY: “Airbase itself is a great tool throughout an audit. Schedule a demo today.
At Airbase, we’ve heard stories about the problems that our customers used to have when closing the books, with entries for spend flooding in from all areas on corporate cards, via purchase orders, and from expense reimbursement requests. Schedule a demo with Airbase to see how a spendmanagement platform makes a difference.
HR and payroll software solutions provider Paylocity has struck a deal to acquire spendmanagement platform Airbase for $325 million, the companies said in a media release on Sept. Founded in 2017, Airbase is headquartered in San Francisco and has approximately 300 employees in the U.S.,
Spendmanagement: The next stage of invoice automation. A spendmanagement platform is a full AP solution that leverages automation for all non-payroll spend processing. In Airbase, after a PO request is created, it is routed to the correct approver, or approvers, based on the rules created.
But with effective change management strategies, organizations can respond positively to growth and improve the odds of becoming a unicorn. We’re very proud that more than 70 Airbase customers have achieved unicorn status. What is change management? When it’s intuitive, managing the change is easier for everyone.
Employee name Transaction date Merchant name Receipt amount Expense category Purpose Below is an example of what an automated business expense report looks like in Airbase. Simply upload your receipt and Airbase will automatically populate your expense request details. Or, you can upload it directly into Airbase.
Schedule a demo Learn how Airbase can transform your entire purchasing process. From there, generative AI compiles an expense report by auto-filling all the details including the expense GL coding and its memo field with a description — a smart capability that stands Airbase apart from all the expense management solutions in the market.
People and processes need updating as well when it comes to processes evolving,” Reuben Cook of Squire told Airbase CFO Aneal Vallurupalli at a recent What I Wish Knew session, The value of consolidating systems and processes. In his work, Reuben finds the prime area in need of improvement is spendmanagement.
Airbase proudly partners with NetSuite to provide the deepest integration available from a spendmanagement solution. Plenty of Airbase team members have in-depth NetSuite and SuiteWorld experience — we’re taking what we know and using it to help you get more out of SuiteWorld. first appeared on Airbase.
If your IT team uses Jira, Airbase automatically creates a ticket with the information from the form for them to review in Jira. Once approved, the approval status syncs back to Airbase. To learn more about Airbase’s Guided Procurement module, contact us. first appeared on Airbase.
It also offers real-time visibility into the entire procurement cycle — from requisition to payment — allowing organizations to monitor and analyze spending patterns, identify cost-saving opportunities, and maintain accurate financial records. Demo Airbase today. Learn how Airbase can increase your spend under management.
Not only do multiple systems cost more, but the modern approach to spendmanagement does a better job. It’s designed to control spending and streamline the interrelated, and continuous workflows associated with the process from intake to the final booking. first appeared on Airbase.
Airbase hosts a Slack community of over 5,000 finance professionals where conversations are often sparked by someone asking what solutions or providers others have used to solve specific problems. Employ technology for vendor management. Get a demo The post What is vendor management and why is it important?
based funding round of the week, corporate spendmanagement startup Airbase announced via press release a $23.5 Airbase said it will use the funding to expand its team, launch its New York City office, and further product development. With the largest U.S.-based SMEcorner.
The B2B FinTech space saw its fair share of venture capital, too, with investors targeting spendmanagement, alternative small business lending, workforce management and enterprise crypto services — plus, some news of a few more investment rounds likely on the horizon.
Ambitious companies who want to join this exclusive club need to couple their rapid user and revenue growth with an intelligent approach to spendmanagement. Take a tour of Airbase’s new Guided Procurement module today! first appeared on Airbase.
In B2B FinTech, spendmanagement is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. Historically, said Airbase CEO Thejo Kote, finance and accounting teams have been forced to work around the friction of a fragmented spend ecosystem.
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