Entrepreneurs scaling startups face a myriad of challenges in order to be successful and one of the most impactful is spend management. When entrepreneur Thejo Kote co-founded Automatic Labs (sold to SiriusXM in 2017) he saw first-hand how difficult it was to account for spending inside the company.
Finance teams usually have several systems to track spending like approval requests, a corporate card program, and expense reports. Additionally, when dealing with vendors, finance will often have a system to process invoices and another platform for reconciliation.
Getting an accurate and real-time picture of company spend is incredibly time-consuming and often inaccurate when finance teams have to pull information out of disparate systems. Companies will frequently have errors and inadequate controls leading to overspending and burn rate acceleration.
Join us on Nov 19th as Thejo walks through the first all-in-one platform that brings every step involved in spending and tracking money into one system.
A seasoned entrepreneur, Thejo is the Founder and CEO of Airbase, the cloud-based spend management platform for growing companies. Prior to Airbase, Thejo co-founded Automatic which was acquired by SiriusXM in 2017.