Spend Matters Ranks Airbase as Customer Leader in Fall 2022 AP Automation / Invoice-to-Pay SolutionMap.

SAN FRANCISCO — November 29, 2022 — Airbase, the fast-growing and top-ranked spend management solution, has announced that it has been named a Customer Leader in Spend Matters’ most recent release of its AP Automation/Invoice-to-Pay (AP/I2P) SolutionMap benchmark report. Airbase was evaluated against over 70 procurement technology vendors in a rigorous analysis and, in only its second time on the SolutionMap, became a customer leader.

Spend Matters’ data-centric functionality assessment is a meticulous evaluation of vendors’ capabilities. It ranks solution providers using equal parts analyst- and customer-based scoring, and contains 500+ RFI requirements across 10 source-to-pay (S2P) modules and suite technology categories. SolutionMap is updated and published every six months.

“For our team, our customers always come first. This boost in the SolutionMap ranking tells us that our customers and the market experts over at Spend Matters agree. We’ve got some really exciting things coming as our team works to continually innovate on our spend management platform,” said Thejo Kote, Founder and CEO at Airbase.

“Being included in this deep dive quadrant shows modern spend management is moving into the procurement space, and Airbase’s customer-driven approach to solving procurement problems is clearly being recognized by its users.”

The value of consulting SolutionMap for practitioners, leaders, investors, and consultants was highlighted by Nick Heinzmann, Spend Matters VP of Research, when he said:

“Given the rate of economic and geopolitical upheaval in 2022, the procurement technology market has only accelerated its pace of innovation to keep up with customers’ evolving needs. Our Fall 2022 SolutionMap results underline this point, as vendors step up to the challenges of a volatile business environment with new capabilities and partnerships.”

Airbase consistently receives accolades from customers. This year Airbase was ranked the #1 spend management company in G2’s Summer 2022 Grid^® Reports, and was named a top-rated product in Software Advice’s FrontRunners Report for Online Accounting Software.

The company is seeing fast growth and has a reputation for fast innovation. It was named one of the Red Herring Top 100 Companies for 2022 in October, and Airbase also picked up the Finovate Award for Best Enterprise Payments Solution in September.

-ENDS-

For further press information, please contact:

Darragh Collins, PR Manager at Airbase via: [email protected] / +1 604 671 4515