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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.
Controller Eoin Hession confirms the importance of usability: “Airbase is an impeccably streamlined, user-friendly spendmanagementsystem designed for all employees. They really enjoy using the system.” Airbase customer Medely is an enthusiastic user of Guided Procurement.
Traditionally, this meant largely unmanaged spending since companies were never sure how much was put on cards. As a result, they lacked real-time control over that spend. There are different definitions of spend under management. The most narrow refers to the percentage of strategic purchases with a negotiated price.
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