Effortless Spend Management with Airbase

Airbase is changing the game for finance and procurement teams by offering a comprehensive solution that automates and streamlines the entire spend lifecycle – from procure to pay to close. By consolidating workflows and providing strategic insights, Airbase is empowering the office of the CFO to focus on what truly matters: growing the business.

What Sets Airbase Apart?

Airbase stands out from competitors by offering a fully integrated, intuitive platform that covers the entire spend lifecycle. Whether it’s procurement, accounts payable, corporate cards, or expense management, Airbase eliminates the need for multiple disconnected systems. Here’s how:

1. End-to-End Spend Management: Airbase’s all-in-one solution ensures a seamless experience across procurement, expense reporting, payments, and financial close. By integrating all processes into a single platform, businesses can gain full visibility and control over their spending, ensuring compliance and improving efficiency.
2. AI-Powered Automation: Airbase leverages advanced technology, including machine learning and generative AI, to automate tasks such as expense reporting and invoice processing. This reduces manual labor and human error, allowing finance teams to focus on more strategic activities.
3. Global Reach with a Local Touch: With support for over 200 countries and 145 currencies, Airbase enables businesses to manage their global operations efficiently. Its integrations with various ERP systems and ability to handle multi-subsidiary and multi-currency operations make it a versatile choice for companies with international needs.

Target Market

Airbase primarily serves mid-market companies with 200 to 10,000 employees, offering the flexibility to scale with businesses as they grow. While headquartered in the U.S., Airbase supports global operations, making it ideal for organizations with international subsidiaries.

Success Story: Turning AP into a Revenue Generator

One of Airbase’s financial services clients achieved remarkable results by consolidating their spend management processes. Initially focused on accounts payable, the company expanded to include corporate cards and expense management. By leveraging Airbase’s virtual card functionality, the client not only streamlined their payments but also earned cash back on vendor payments. In fact, they earned four times the value of their Airbase subscription in cash back alone, turning their AP department into a revenue generator.

The Future of Airbase

Airbase is at the forefront of transforming the office of the CFO into a more strategic role. By automating mundane tasks and providing real-time insights into business spending, Airbase is helping finance teams unlock their full potential. New features like spend analytics allow organizations to analyze spending trends, identify cost-saving opportunities, and make data-driven decisions to grow their business.

As the platform continues to evolve, Airbase aims to further integrate AI-driven automation into its processes, making expense reporting, invoice processing, and other critical tasks even more efficient. The company is also looking to expand its reach into sourcing and contracting, offering a truly end-to-end solution for procurement teams.