Transparency: the condition of being clear.
Airbase provides a full audit trail for every step of a transaction — for all stakeholders. The result is better control over budgets and an end to wasted spending.
Visibility into each part of the process for each module.
Whether a virtual card is created for one-time use or for recurring payments, employees can easily and quickly request approval for each purchase. The platform will route the request for approval as per the policies that your company has established.
A full audit trail.
The value of a vendor-specific card goes beyond the visibility and control it provides — transactions can be automatically synced to the GL. Keep your books current with card spend flowing directly to the GL for a better view of your business, any day of the month.
A clear view with real-time reporting and audit trail.
Waiting to review numbers until after month-end close disadvantages decision makers. When all non-payroll spend is captured in real time in one system, leadership, budget owners, and employees can get a clear view of actual spending any day of the month.
Easily view missing documentation.
Filter transactions with missing receipts in violation of established company accounting policies and get the system to enforce compliance.
Alerts to bring critical information to light.
When approvals, payments, and expense reporting are all contained in the same system, you’ll never have to search through email chains, Slack channels, Google forms, or expense reports to find the documentation you need again.
Spend visibility into categorizations and tags.
Categories and tags are identified up front during the request/approval flow. This gives managers and employees an opportunity to review them to make sure they are correct before a purchase is made. This visibility is particularly helpful to eliminate time-consuming errors that can delay month-end closes.
Airbase also sends alerts to physical card holders when possible fraudulent transactions are attempted.
Transparency leads to accountability.
Build a healthy spend culture where employee requests are automatically routed to the right approvers based on your company’s policies. With approval workflows that are seamlessly integrated into Slack and email, teams can be productive when on the go or working remotely.
“Airbase has given us more control over our spend. The visibility it gives the entire team and managers into what their employees are spending is the best I’ve seen of any competitor.”
Controller at Lattice