Airbase - Financial Performance Quandary: Leveraging Automation To Better Manage Non-Payroll Spending - September 2022 - Learn how AP teams can use automation for better visibility and control of non-payroll spending

The Financial Performance Quandary: Leveraging Automation To Better Manage Non-Payroll Spending

Automation Solves Primary Pain Point for 70% of SAAS Firms

A PYMNTS survey of 225 SaaS firm executives for “The Financial Performance Quandary: Leveraging Automation To Better Manage Non-Payroll Spending,” a collaboration with Airbase, found that lackluster visibility and control over non-payroll spending is a key business challenge — one that automation is primed to solve.

Inside the September Study

  • 19%: Share of firms that cite delayed submission of expense reports as a challenge when managing non-payroll spending
  • 22%: Portion of SaaS firms that cite manual processing as an issue when managing and processing non-payroll spending
  • 37%: Share of SaaS firms with 100-500 employees that are very or extremely interested in using an automated system to manage non-payroll spending

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