HR and payroll tech firm buys Airbase
Accounting Today
SEPTEMBER 5, 2024
HR and payroll solutions provider Paylocity announced it has bought spend management software company Airbase for $325 million.
Accounting Today
SEPTEMBER 5, 2024
HR and payroll solutions provider Paylocity announced it has bought spend management software company Airbase for $325 million.
PYMNTS
JANUARY 29, 2020
A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. Automation could limit employee fraud, as the software will log and categorize employees with expense purchases.
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CPA Practice
SEPTEMBER 5, 2024
HR and payroll software solutions provider Paylocity has struck a deal to acquire spend management platform Airbase for $325 million, the companies said in a media release on Sept. The deal is being funded by borrowings under Paylocity’s revolving credit facility. Canada, India, and the Philippines.
CPA Practice
OCTOBER 4, 2023
This lack of visibility can have a multitude of implications for accurate cash flow reporting, including an increased risk of not closing the books on time, to unexpected non-payroll spend. In fact, half of SMBs report that they struggle with inaccuracies in their current expense management solutions according to survey data.
Speaker: Spencer Falbo, Principal at Kong Basile Consulting
These instruments have aided in the automation of workflows for various aspects of non-payroll spending. A Spend Management Software that consolidates all expenditures onto a single platform and automates many of the workflows associated with spending company funds. The solution?
Basis 365
JANUARY 24, 2025
Heres a big list of 50 tactics you can use to help manage your costs: Financial Planning and Cash Flow 1. Implement spend management software (e.g., Ramp, Bills Spend & Expenses) to enforce budgets at the employee or vendor level and gain real-time visibility into cash flow. Overhead and General 33.
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