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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 spendmanagementsystem gives are required to reduce unnecessary, unplanned, or rogue spending.
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. What is intake management? Get a demo Closing visibility gaps.
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, 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.
Optimizing your financial systems to meet your company’s evolving needs is not just a matter of implementing new software. New tools that give visibility into subscription spending, like Airbase, help the finance department to be the unifying glue across the company. Typically, we end up with disparate systems.”
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?
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