Press Release
Press Release
November 9, 2021

Airbase Ups Cash Back and Makes Comprehensive Spend Management Solution Available for Free.

2.25% on every dollar spent is the most competitive cash back in the market.

SAN FRANCISCO — Nov 9, 2021Airbase, the only spend management platform that scales with companies from idea to IPO and beyond, has today announced its Airbase Essentials package, which gives free access to its software, plus a groundbreaking cashback rate on all card spend. The announcement makes Airbase the most competitive corporate card in the market, offering the highest cash back in the world for a pre-funded card at 2.25%, or a competitive 1.75% for a charge card, across all Airbase products.

Airbase, the spend management category pioneer, is offering its new, free, Airbase Essentials package for companies who are smaller, those with less complex accounts payable needs, or larger organizations who want to try before they buy the more advanced features of Airbase Growth and Airbase Enterprise. 

All spend management packages include corporate cards, bill payments, and employee expense reimbursements. Companies looking for a robust, software-enabled corporate card program to replace legacy credit cards choose Airbase Essentials for its visibility and control, ease-of-use, competitive credit lines, and the highest cash back in the world — which is offered at a flat rate for every dollar a company spends.

Thejo Kote, Founder and CEO at Airbase, commented:

“Airbase is currently the only spend management platform that can live up to the promise of helping mid-market and early enterprise businesses replace multiple siloed tools with one comprehensive platform. We’re now bringing the same benefit to small businesses and startups for free. This means businesses can start managing company spend on Airbase on day one and never deal with the high cost of change management, replacement of tools, and retraining of employees as they scale. Airbase’s platform will support their needs from idea to IPO and beyond.

“Airbase Essentials, as with all our packages, includes 2.25% cash back on every dollar spent across every category, which is the highest cash back offered on a corporate card in the market. This allows businesses to invest more in their growth and, coupled with access to the most feature-rich spend management software for free, makes it a no-brainer to adopt Airbase.

“Airbase is the preferred spend management platform of finance and accounting leaders at fast-growing companies like Cameo, Lattice, Doximity, Heap, Gong, and many others. We look forward to also becoming the preferred choice for founders from their first day of operation.”

The announcement follows the unveiling of international subsidiaries last month and a strategic partnership with Silicon Valley Bank earlier this month. 

Airbase Essentials is available now. Learn more and get started.

-ENDS-

For further press information, please contact: 

Darragh Collins, PR Manager at Airbase via: press@airbase.io / +1 604 671 4515

Airbase is the only comprehensive spend management platform for companies from idea to IPO and beyond. It combines all-inclusive accounts payable automation, software-enabled corporate cards, and simplified employee expense reimbursements. Airbase applies consistent approval workflows across all areas, automates accounting, supports multi subsidiaries, and provides real-time reporting for all non-payroll spend. From free to full-featured, Airbase’s flexible platform offers the right price and functionality for your company to get better visibility, and true control. Most companies rely on a combination of siloed software products, spreadsheets, and manual workarounds to pay vendors and reimburse employees. Airbase eliminates the resulting messy tech-stack and inefficient processes by replacing products like Expensify and Bill.com. Airbase empowers employees with a uniform approach to spending money, whether that involves corporate card spend, raising a PO, or requesting reimbursement.

www.airbase.com | press@airbase.io

Airbase also hosts “Off the Ledger”, a Slack community for over 3,000 finance professionals – a private space for networking, advice, and members-only events. Finance professionals only can apply for membership at: https://www.airbase.com/off-the-ledger-finance-and-accounting-slack-group