Airbase

Airbase is the only spend management management platform that truly combines automated accounts payable, a software-enabled corporate card program, and employee expense reimbursements. It does so without any compromise in functionality, so each product offers best-of-breed features and a smooth user experience. Airbase helps small to midsize companies rethink their approach to how they spend money by building accountability and ownership into all employee spending. It enables for visibility into every non-payroll dollar spent, from the initial request to booking to the General Ledger. The three central functions of spend management — bill payments, corporate cards, and reimbursements — are supported by Airbase’s customizable approval workflows, accounting automation, and real-time reporting capabilities.

Approval workflows ensure that each spend request is routed through the correct chain of approval, and create a full audit trail in the process. For convenience, a request can be approved quickly in Slack, by email, or on the Airbase app. Approval chains can be configured to reflect a company’s policies and routed according to factors such as department, expense category, or dollar amount. Automated accounting features save time and reduce the risk of errors. When automation handles the categorizing, scheduling, accruing, and amortizing of all transactions, finance teams spend less time on manual tasks and more time on higher-value work. Reporting functionality gives managers budget oversight in real time, so they can adjust spending as needed. 

All payment types, including check, ACH, virtual card, or vendor credits, are handled from the same platform. This flexibility allows AP teams to monetize bill payments by choosing payment forms that offer cash back. And because every payment is made from a central point of command, instant insight is available for all stakeholders. 

Airbase transforms a company’s spend culture across departments and roles. Employees who make purchases feel confident they are compliant with company policy and that they’re able to quickly obtain what they need to do their jobs. Managers can track budgets and adjust levers as necessary. Finance team members are more efficient and able to play more strategic roles. Leadership can make decisions based on the actual status of financials and base projections on real-time data. It’s all powered by an intuitive interface that guides users through every step.