The proliferation of corporate card spending by employees across an organization has left accounting and finance teams scrambling to collect documentation and transaction details, and to ensure compliance with expense policies. At the same time, legacy accounts payable software fails to capture this spending. The result is an array of siloed systems and manual workflows to manage requests, approvals, payments, and reconciliation for card spend, purchase orders, and reimbursements.
The month-end close becomes a series of account statement surprises and reconciliation delays. Employees can be left stranded, waiting to be reimbursed for personal funds they have used. All of which becomes even more onerous as a company adds headcount.
We’ve been there — we’ve grown businesses of our own and have experienced those same frustrations. That’s why we created Airbase.
Airbase’s innovative all-in-one spend management platform delivers more control, visibility, and automation to today’s finance teams than any other solution for small to midsize companies.
Our platform handles all non-payroll payables for companies as they scale from initial funding to IPO.
Find out what big things are happening at Airbase.