Airbase news and trends

AI, Virtual Cards, Embedded Lending Define This Week in B2B
B2B Payments // June 13, 2024

B2B payments used to be defined by paper and processes. However, as the digitization of commercial payments continues, B2B payments are being defined by their workflows and data – both of which are increasingly the target of disruptive innovations capable of automating away rote work...

Airbase Adds Analytics, Vendor Management to Spend Orchestration Platform
B2B Payments // June 11, 2024

Airbase has added spend analytics and vendor management capabilities to its spend orchestration software designed for mid-market and larger organizations. These new features aim to help companies optimize spending by providing decision-makers with real-time insights into all spending, including accounts payable (AP), employee expenses and...

Airbase Appoints Forrester Veteran Mathew Schulz to Procurement Role
Personnel // 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...

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...

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
Paylocity to Add Spend Management Software Solution With Airbase Acquisition

September 04, 2024
Paylocity plans to create a consolidated platform for all business-related spend by acquiring Airbase. The planned acquisition will add Airbase’s finance and spend management software solution to Paylocity’s human resources (HR) and payroll software platform, Paylocity said in a Wednesday (Sept. 4) press release. Subject to customary closing conditions and regulatory approvals, the transaction is […]

Airbase Adds Analytics, Vendor Management to Spend Orchestration Platform

June 11, 2024
Airbase has added spend analytics and vendor management capabilities to its spend orchestration software designed for mid-market and larger organizations. These new features aim to help companies optimize spending by...

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...

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...