Finance teams know that controlling supplier costs is critical. But one area that many companies have yet to address is the actual cost of processing...
ProSpend Partners With Wiise ERP, Delivering Seamless Integration To Support Local Businesses.
ProSpend and Wiise partners to help streamline accounts payable processes, supplier payments, invoices & expenses for SME businesses.
Sydney, Australia, 25 March 2021 – ProSpend, one of Australia’s leading cloud expense and invoice management software providers, announced a new partnership with Wiise ERP and accounting software. An Australian localised ERP solution created by KPMG and built on Microsoft.
ProSpend and Wiise have joined forces to help streamline accounts payable processes, supplier payments, invoices and expenses to support small to medium-sized businesses in Australia.
“Our goal has always been to help automate low-value tasks such as data entry so that our customers can spend more time focused on bettering their products or services and investing in areas of growth. By partnering with ProSpend, this is one way we’re doing just that.” said Jonathan Attia, CEO of Wiise.
The challenges businesses face
If you’re a business that tends to have staff on-the-go, whether it’s travelling to visit clients or attending meetings, you know that expenses tend to pile up. Employees will usually manually manage their expenses, meaning countless hours are spent inputting costs directly into their finance system.
For many other businesses, if their finance system isn’t talking to their expense management platform, the admin burden is still evident. It is not only the staff member spending hours inputting data into their system – most of the Accounts Payable team are spending hours daily re-keying information from one system to another. This does not only severely increase errors, costs and time spent – it also hinders staff to focus their time on core functions that encourage business growth.
Solving these common challenges with Integration into Wiise
The two teams have been working hand-in-hand to build an integration between ProSpend and Wiise ERP. By integrating ERP software and an expense management platform together means Accounts Payable teams can remove the need for double handling of data, employees can capture their expenses on the go, and all spend maps back into their finance system automatically.
“We see the partnership and the integration with Wiise highly beneficial for our joint clients,” said Sharon Nouh, CEO & Founder of ProSpend. “Like us, Wiise is an Australian company dedicated to helping local businesses achieve success through innovative cloud technology. ProSpend and Wiise work collaboratively to bring the best of ERP and cloud spend management, delivering an integrated and intelligent platform to help businesses streamline and digitise their accounting processes.” said Sharon.
The ProSpend solution fills the growing small to mid-market need to automate not just the expense reimbursement process, but also the purchase order and supplier invoice receipt, approval and payment process. The online platform takes in all credit card data, automatically creating expense reports whilst users have access to leading OCR technology through their mobile app to easily snapshot receipts on the go, seamlessly creating cash claims and approving claims.
Customers can request ProSpend to build custom integration into Wiise ERP so that all of these items map back into the general ledger – raising purchase invoices and providing a link back from their journal entries into ProSpend.
“By seamlessly integrating expenses and financial processes, we’re bringing our customers joint visibility and insights across their spend all while saving them time on financial admin. We’re thrilled to be working with another Australian cloud tech provider, who share our values and our commitment to helping Australian SMB’s thrive” said Jonathan Attia.
Get automated. Get In touch to Learn more about ProSpend, Wiise and Integration.
ProSpend is a local Australian service-first spend management company that builds software designed to revolutionise business processes. As a company, we are passionate about what we do and how our technology can better support our client’s success. Formed with the idea that by harnessing new and innovative technology, businesses would be able to revolutionise and streamline their entire spend process.
We do this by uniquely offering a multi-module platform for businesses to manage their finance, operations and everything in between. We are constantly enhancing and innovating our solution and our mantra is ‘there is a better way’. It’s this passion and our commitment to service excellence that will keep ProSpend at the forefront of the market.
Like all good things, Wiise started with a great idea: to give small and medium-sized businesses the tools and big business smarts available to large corporates, at an affordable price. We saw that the small and medium market was woefully underserved from a tech and banking standpoint. We wanted to level the playing field with a system that Aussie businesses could trust when they were ready to grow beyond managing the books.
So KPMG Australia joined forces with Microsoft and CommBank, bringing together industry experience, top-tier tech and banking know-how. And in August 2018 we launched Wiise. Class-leading cloud ERP software that helps you manage your business from anywhere, work together effectively and do business better.