Airbase news and trends

Airbase Adds Touchless Expense Reports to Procure-to-Pay Platform 
B2B Payments // November 14, 2023

Airbase has added touchless expense reports and improved international payment capabilities to its procure-to-pay platform.  These new global expense management capabilities are enabled by generative artificial intelligence (AI), Airbase said in a Tuesday (Nov. 14) press release.  Managing expense reports and processing reimbursements has traditionally been a...

Airbase Adds Guided Procurement to Spend Management Platform
B2B Payments // April 19, 2023

Airbase has added Guided Procurement to its spend management platform. The new procurement function automates the intake process for purchasing by directing employees to capture all necessary information and documentation, routing the purchase details to appropriate stakeholders and securing the required approvals, Airbase said in...

Automated Purchasing Drives ‘Single Source of Truth’ vs Patchwork Approach
Accounts Payable // December 06, 2022

Automating purchasing functions lead to better strategic decisions. Ted Contreras, product manager for accounting at Airbase, told PYMNTS that using technology to automate procurement and integrate purchasing functions helps midmarket firms gain some much-needed agility. Midmarket firms, he said, are typically defined as those enterprises...

55% of SaaS Firms Now Use Spend Management Technology
Spend Management // December 06, 2022

To better track and manage non-payroll spend, companies need to upgrade their accounts payable functions. That’s no easy task. In the report “Improving Financial Performance: The Speed Of Spend Management System Adoption,” a PYMNTS and Airbase collaboration, we found that adding new capabilities to an...

Interviews & Exclusives
Automated Purchasing Drives ‘Single Source of Truth’ vs Patchwork Approach

December 06, 2022
Automating purchasing functions lead to better strategic decisions. Ted Contreras, product manager for accounting at Airbase, told PYMNTS that using technology to automate procurement and integrate purchasing functions helps midmarket firms gain some much-needed agility. Midmarket firms, he said, are typically defined as those enterprises that have between 100 to 500 employees. And in the […]

55% of SaaS Firms Now Use Spend Management Technology

December 06, 2022
To better track and manage non-payroll spend, companies need to upgrade their accounts payable functions. That’s no easy task. In the report “Improving Financial Performance: The Speed Of Spend Management...

SaaS Firms Tout 1-Month Fix for Spend Management Headaches

November 29, 2022
Non-payroll spend management software is helping businesses deploy, account for and control their money. This not only drives growth but PYMNTS’ data found that just 55% of these firms currently...

Why More Than Half of SaaS Firms Say No to Early Payment Discounts

November 07, 2022
Offering early payment discounts is a common practice among suppliers and vendors to incentivize their customers to pay their invoices on time, but PYMNTS’ research finds that many software-as-a-service (SaaS)...

Quick Reads
Airbase Appoints Forrester Veteran Mathew Schulz to Procurement Role

February 14, 2024
Airbase has appointed Mathew Schulz from Forrester as its new vice president of procurement strategy. When announcing the appointment, the provider of procure-to-pay solutions highlighted Schulz’s experience and track record in procurement and technology. “His technological and domain expertise are exactly what we need to continue to build groundbreaking solutions,” Thejo Kote, founder and CEO of Airbase, said in a Wednesday […]

Airbase Adds Touchless Expense Reports to Procure-to-Pay Platform 

November 14, 2023
Airbase has added touchless expense reports and improved international payment capabilities to its procure-to-pay platform.  These new global expense management capabilities are enabled by generative artificial intelligence (AI), Airbase said in...

Airbase Adds Guided Procurement to Spend Management Platform

April 19, 2023
Airbase has added Guided Procurement to its spend management platform. The new procurement function automates the intake process for purchasing by directing employees to capture all necessary information and documentation,...

Airbase Adds Automated Procurement Features to Spend Management Tool

October 27, 2022
Spend management solution Airbase has added automated procurement features that are designed to support the purchasing processes of mid-market and larger companies. The new automated features include documentation and data...