article thumbnail

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

Airbase

It also creates a disjointed audit trail and more manual work to gather information in the event of an audit. As different business units manage their workflows on separate systems, information isn’t visible to anyone outside of those systems. Controllers need to consolidate spend information and create an airtight audit trail.

article thumbnail

A new age: Automated compliance for all company spend.

Airbase

Compliant spending ensures efficient policy adherence, so you can rest assured that any purchase aligns with your company’s budgetary goals and overall spend culture. Compliance also requires detailed information about all spending, which is essential in the event of an audit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The cost of inaction: An urgent call to upgrade accounting processes.

Airbase

Experience shows that c ompanies waste over one-third of their software spend because employees don’t use the purchased software. That’s why Airbase’s modern spend management was designed to create a first-rate user experience for all stakeholders. Build for scale to avoid the need for future action.

article thumbnail

Will there be a recession? How spend management improves agility in the face of uncertainty.

Airbase

Again, it comes down to having visibility into — and control over — company spending. Modern spend management creates a process that controls for risk at all levels of the procurement process. Software-enabled corporate cards alert you to any zombie or duplicate spend. Increase the focus on ROI.