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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

Despite the influx of spend management software products, all designed to make employee spending easier to manage, many of these gaps remained. This is why we’re seeing intake solution providers adding accounts payable automation to their offering. They really enjoy using the system.”

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

Airbase

Traditionally, this meant largely unmanaged spending since companies were never sure how much was put on cards. As a result, they lacked real-time control over that spend. There are different definitions of spend under management. Classify and communicate the scope of unmanaged spend.

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Workforce Spend Sector Gets Busy

PYMNTS

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. Follow the AI Money.

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What is vendor management and why is it important?

Airbase

Regular reporting that is available from spend management systems can help you stay on top of how well your vendors are serving your company’s objectives. Employ technology for vendor management. Software solutions for vendor management can be a great benefit to you as the customer and to your vendors.