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Spendesk PlatformSpendesk

Simplify your company's spending with Spendesk's all-in-one platform.

Product details

Overview

Spendesk is a comprehensive spend management platform designed to streamline and automate company spending. By integrating procurement, corporate cards, and accounts payable into a single interface, Spendesk offers businesses enhanced control, transparency, and efficiency over their financial operations. The platform empowers employees to make purchases within predefined budgets while providing finance teams with real-time tracking and approval capabilities. This unified approach reduces manual processes, minimizes errors, and ensures compliance with company policies.

Features and Capabilities

  • Procure-to-Pay Process: Manage the entire procurement cycle—from requisition to payment—within a single platform, ensuring seamless operations and improved efficiency.
  • Unlimited Virtual Cards: Issue an unlimited number of single-use and recurring virtual cards, providing secure and flexible payment options for various business needs.
  • Expense Claims Management: Simplify the submission and approval of expense claims, ensuring timely reimbursements and accurate financial records.
  • API & Integrations: Seamlessly integrate Spendesk with your existing tech stack, including accounting software, ERP systems, and HR tools, to streamline workflows and data synchronization.
  • Accounts Payable Automation: Automate invoice processing and payments, reducing manual data entry and accelerating the accounts payable cycle.
  • Integrated Budgeting: Set and monitor budgets across departments or projects, gaining real-time insights into spending and ensuring adherence to financial plans.
  • Mobile Management: Manage spending on the go with the Spendesk mobile app, allowing employees to request top-ups, generate virtual cards, make payments, and upload receipts directly from their smartphones.
  • Robust Security Measures: Benefit from top-tier protection for all company spending, including fraud detection, encrypted databases, and compliance with rigorous security standards such as ISO 27001:2022, PCI-DSS, and GDPR.
  • Automation and Policy Enforcement: Reduce manual data entry by 80% and enhance data accuracy with an intelligent system that learns from your transactions. Customize workflows to your needs and ensure 100% adoption of spend policies with a guided experience and intuitive tools for desktop and mobile.
  • Savings and Efficiency: Save 5% by centralizing all purchases, gaining complete budget clarity, and quickly identifying anomalies and optimization opportunities.