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Legal has requirements for certain conditions in the contracts that you enter into. Policies protect against: Fraud and unnecessary spending. Losses from badly worded legal agreements. IT requires SOC reports for new software vendors. Procurement has guidelines on preferred vendors and pricing for certain purchases.
Evaluating the time-to-value of a spendmanagementplatform. Time-to-value is an important consideration for spendmanagementplatforms because of the wide range of users. In today’s focus on smart and resilient growth, you can’t afford to miss out on the ROI of a spendmanagementplatform.
The rapidly evolving spendmanagement market is once again experiencing a breakout moment. As the category leader and pioneer, Airbase is the first and only spendmanagementplatform to now offer Guided Procurement — intake functionality for all purchasing. Meeting stakeholders where they live.
Among the new products is Q Business, EedenBull’s spendmanagementplatform that offers what it calls a sophisticated yet simple solution to digitize check and cash processing. The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.
Spendmanagement: The next stage of invoice automation. A spendmanagementplatform is a full AP solution that leverages automation for all non-payroll spend processing. Other business processes can be built into the PO request to accommodate review by other business units, such as IT security or legal.
Distributed spendmanagementplatform Teampay will be integrating with Ironclad , a digital contracting platform, to help connect financial and legal workflows and streamline spendmanagement, according to a Wednesday (Oct. 28) press release.
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