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Airbase ushers in a new era of modern spend management with Guided Procurement.

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Once they figure out where and how to make a specific type of request, employees are often asked to provide further details, such as legal, tax, security, and budget information. As a result, one spend request typically involves conversations across many different channels and business groups. Meeting stakeholders where they live.

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Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

This is referred to as spend under management (SUM), and is an extremely useful KPI at any stage Centralizing a decentralized world. SUM is a basic procurement metric that measures the proportion of an organization’s total managed and controlled spend through procurement processes. What are the benefits of tracking SUM as a KPI?

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Streamlining procurement processes: A case study with Airbase and Doximity.

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Alex named several other benefits of Airbase and Guided Procurement: More spend under management : This is big for the cost-conscious Doximity team, as they’re always looking for ways to control spending. Flexibility: The ability to customize the workflows helps Doximity to move quickly.

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What is 3-way matching and why is it important?

Airbase

It’s particularly important for controlling spend and preventing unauthorized or fraudulent payments in cases where goods and services are received before payment is made. POs are legally binding agreements between the buyer and the seller. Schedule a demo Learn how Airbase can transform your entire purchasing process.

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Tech Cos Making M&A Deals Amid Pandemic

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This crisis threatens to further entrench the power of Big Tech,” Sandeep Vaheesan, legal director at the Open Markets Institute, a Washington, D.C. If approved, the measure would curb M&As during the pandemic by companies with more than $100 million in revenues. think-tank, told the news service.