SPEND ANALYTICS SOFTWARE
Make smarter financial decisions — faster.
Great financial operations start with deep insights. Spend analytics gives comprehensive visibility into organization-wide spend. Drive data-backed strategic financial decisions while streamlining your procurement processes.
Get 360° spend visibility.
Stay on top of your organization’s global spending trends across all your subsidiaries and departments.
Visualize patterns and get control over maverick, zombie, duplicate, and inefficient spending. Let the system identify risks instead of cumbersome manual detective work.
Connect upstream requests to downstream payments to see a holistic picture of spend and make better-informed decisions.
Drive savings.
Uncover cost-saving opportunities from data-driven insights. Track key drivers of spend across business units, departments, and categories.
Identify opportunities to move payments to virtual cards to maximize cash back.
Boost procurement and AP efficiency.
Hit productivity goals with real-time visibility into 12 spend management value metrics. Track SLAs for all approvers and enhance the entire procurement and accounts payable process, identifying and addressing any hidden workflow bottlenecks.
Track your monthly bill payment trends. Monitor the time it takes to create, approve, and pay bills. Hit cycle time goals and avoid late fees.
Spend analytics helps with productivity monitoring at both individual and team levels.
Streamline spend compliance.
What good is a policy if no one follows it?
Ensure compliance with expense policies, legal documentation, vendor preferences, SOC requirements, and more by routing all spend requests to the right stakeholders. Get visibility into cycle times in your procurement processes from approval times to invoice processing times. Fix the bottlenecks in your processes.
Simplified reporting, on-demand.
Eliminate time-consuming manual processes by leveraging automated tracking and reporting features. Department heads and budget owners can view or export reporting on all spend. It can be viewed by department, team, and vendor on any day of the month without interrupting finance teams.
No more waiting for quarterly retros or significant delays at the end of the month — on-demand reporting means you’re continuously optimizing savings.
Frustrated by a lack of visibility into your spending?
Airbase’s advanced spend analytics can change that. See up-to-the-minute spend by department, vendor, category, or subsidiary across all spend — corporate cards, POs, and expense reimbursements. Benchmark productivity metrics to identify and fix bottlenecks.
EBOOK
Take a deep dive into spend analytics.
Read our Definitive Guide.
Automate low-value work to focus on high-value strategic finance.
Move toward a continuous close.
Airbase spend management is an important tool to move your company closer to the concept of a continuous, or rolling, close.
Current GL means real-time reporting.
Airbase’s easy syncing of all transactions to the GL means that it reflects up-to-the-minute spend — any day of the month.
Visibility for all key stakeholders.
Give all stakeholders visibility into every step of a transaction.
Reporting for better decision-making.
Having a clear view of your company’s financial condition any day of the month supports responsive business planning and course corrections.
Spend Analytics Tour
“The real-time insights that Airbase provides have been crucial in helping us make smarter, data-driven decisions. With this wealth of data at our fingertips, we feel more empowered and strategic, helping us improve our procurement process and identify ways to improve our relationships with vendors.”
Christina Howlett Perez
Associate Vice President, Procurement, Definitive Healthcare, LLC