Elevating finance through diverse industry insights
Empowering growth through seamless automation
Streamline spend, expenses, invoices, and budgets effortlessly with our all-in-one powerhouse spend management platform.
Spend Management Platform Trusted by Modern Finance Leaders Across Industries
Real Estate
Manufacturing
Digitising and automating accounts payable processes and expense management for the manufacturing industry offer numerous benefits. These include cost efficiency through reduced manual processing, enhanced accuracy and compliance with regulatory requirements, streamlined procurement workflows, improved supplier relationships, seamless integration with ERP systems for data flow optimisation, and better risk mitigation through audit trails and compliance monitoring.
Wholesale & Distribution
The Wholesale and Distribution industries contend with a high volume of transactions, making efficiency and accuracy crucial. By embracing digital solutions, such businesses can realise cost savings through reduced manual processing. In addition, adopting smart solutions like spend management software can ensure compliance with regulations, streamline procurement workflows, strengthen supplier relationships with expedited invoice processing. Such advancements empower finance leaders in wholesale and distribution to drive operational excellence, control costs, and maintain competitiveness amidst evolving market dynamics.
And More!
Modern CFOs are championing digital initiatives that reshape entire organisations. By leveraging innovative technologies such as expense management systems that offer data-driven insights, CFOs are spearheading efforts to optimise operational efficiency, enhance customer experiences, and drive strategic growth through the digitisation of critical functions. Through expense management and accounts payable automation, CFOs are streamlining workflows, reducing manual errors, and improving compliance with regulatory requirements. In this era of digital disruption, CFOs are not only stewards of financial health but also catalysts for organisational agility and resilience in a rapidly evolving business landscape.
Digitising and automating accounts payable processes and expense management for the manufacturing industry offer numerous benefits. These include cost efficiency through reduced manual processing, enhanced accuracy and compliance with regulatory requirements, streamlined procurement workflows, improved supplier relationships, seamless integration with ERP systems for data flow optimisation, and better risk mitigation through audit trails and compliance monitoring.
The Wholesale and Distribution industries contend with a high volume of transactions, making efficiency and accuracy crucial. By embracing digital solutions, such businesses can realise cost savings through reduced manual processing. In addition, adopting smart solutions like spend management software can ensure compliance with regulations, streamline procurement workflows, strengthen supplier relationships with expedited invoice processing. Such advancements empower finance leaders in wholesale and distribution to drive operational excellence, control costs, and maintain competitiveness amidst evolving market dynamics.
Modern CFOs are championing digital initiatives that reshape entire organisations. By leveraging innovative technologies such as expense management systems that offer data-driven insights, CFOs are spearheading efforts to optimise operational efficiency, enhance customer experiences, and drive strategic growth through the digitisation of critical functions. Through expense management and accounts payable automation, CFOs are streamlining workflows, reducing manual errors, and improving compliance with regulatory requirements. In this era of digital disruption, CFOs are not only stewards of financial health but also catalysts for organisational agility and resilience in a rapidly evolving business landscape.
Simplified Expense Management
Simplify your Expense Management with ProSpend's advanced Spend Management Platform. Experience seamless efficiency and accuracy as our sophisticated system automates expense claims and reimbursements effortlessly.
Trusted by finance experts, loved by users, and designed to streamline operational costs.
Streamlined AP
Automation
Our innovative invoice module transforms and optimises the entire invoice management process for your accounts payable operation, providing immediate efficiencies, enhanced control, and significant cost savings. Streamline your accounts payable processes with automated data extraction, streamlined approval workflows, and robust fraud control measures.
Visible, Real-Time
Budgets
Elevate your finance team's capabilities with powerful tools tailored for visible real-time budgets and fraud prevention. Our platform offers advanced features to manage spending effectively, including robust fraud control measures, seamless integration capabilities, comprehensive FBT management, and a sophisticated budget tracker.Acrux talks about how ProSpend helps control their spend
“We certainly have found ProSpend to be a significantly more efficient and effective approach to our purchase processing and has proven to be well worth the investment."
- Deborah Ambronsini, CFO
Get Rid Of Petty Cash - Go Virtual (Cards)!
Leverage dimensions to efficiently label, monitor, and generate advanced reports for all expenses related to various aspects including location, department & program. This includes expenses associated with vital components such as RTO or community services.
Manage, Control & Track Volunteer Spend
Consolidate your community, donors, and campaigns in a centralised platform. Streamline donation tracking and establish direct connections between campaigns and your financial data for transparent insights into their performance.
Stay Compliant With Expense Policies
We offer a discounted price for NFPsCreate a a range of recurring purchase orders for multiple payments. Auto-deduct on receipt of invoices and a running balance is visible at the user entry level or on reporting.
Greg Browne, AP Manager Hollard, talks of his experience with spend management, the benefits of automation, and the advantages of being a ProSpend customer
Driving Finance Excellence with Proactive Spend Management
Maximise Potential; Optimise Returns
Get Rid Of Petty Cash With Virtual Cards
Our Virtual cards give your staff the funds at their fingertips (with prior workflow approval). In real-time, administrators can issue cards and take the worry out of personally funding expenses or handling petty cash and gift cards.
Manage, Control & Track Budgets
Consolidate staff, employees, vendors, and suppliers- all in a centralised platform. Streamline expense and budget tracking, and establish direct connections between spend and your financial data for transparent insights into their performance.
Stay Compliant With Expense Policies
With ProSpend’s spend management software, you can leverage dimensions to efficiently label, monitor, and generate advanced reports for all expenses related to various aspects including location, department & course. This includes expenses associated with vital components such as RTO or government schools and education.
Effortless Expense Tracking
Our expense management software allows businesses to easily track and categorise their expenses. Whether you’re handling expense management for manufacturing or other industries, ProSpend’s customisable software and this feature help in monitoring spending across various departments, projects, and categories. With detailed reporting capabilities, businesses can gain insights into where their funds are being allocated, which is crucial for budgeting and financial planning.
Hierarchy-Based Expense Approvals
Businesses often have a hierarchical structure with different levels of authority for expense approval. ProSpend’s automated spend management platform can facilitate customizable approval workflows that match the businesses specific hierarchy. This ensures that expenses are reviewed and approved by the appropriate individuals or departments, reducing the risk of unauthorised or unnecessary spending.
Automated Data
AP Automation simplifies and streamlines your accounts payable processes. It automates tasks like invoice handling, approval workflows, and payment processing, reducing manual work and errors. This solution saves time and resources, empowering your team to focus on strategic financial decisions. Embrace a more efficient financial future with AP Automation.
Expenses
Staff can snap receipts, code and submit expenses on-the-go. Virtual cards can be issued for work-related spend to replace expense claims; thus ensuring employees are not spending out-of-pocket.
Purchase Orders
Effortlessly request, approve, or receive POs - on mobile or desktop. Additionally, easily capture and attach photos of the intended goods for purchase, or include relevant quotes to enhance the process.
AP Invoices
Empower your finance team by providing a quick and effortless way to view and approve invoices from any location and device. Customisable email alerts ensure that Approvers stay on top of incoming invoices, minimizing the risk of overlooking any important tasks.
Virtual Cards Benefits & Use Cases
Inventory Management, Digital Marketing, E-commerce Returns, Seasonal Promotions - explore the benefits of virtual cards for Retail businesses & more With the rise of digital transactions, virtual cards have emerged as a frontrunner in modern payment solutions, offering businesses a myriad of benefits.
Fringe Benefit Tax Reporting
A popular opinion amongst the finance teams is that using actual method for calculating FBT bill on meal entertainment is an administrative nuisance. Why is that? If it is, how can they overcome that hurdle and how would that benefit the employers, especially in financial terms? Learn more in this blog.
Finance Process Automation
As businesses continue to evolve and innovate, staying ahead of the curve is not just a strategy but a necessity. Discover how finance automation transforms financial tasks by using technology to streamline processes, ensure compliance, and facilitate faster, data-driven decisions.
Need clarification?
How can automation benefit our business?
Automation can reduce manual errors, enhance efficiency, provide better visibility into spending, and save time by automating routine tasks in expense reporting and accounts payable processes.
Can the spend management platform integrate with our existing accounting software?
Our business spend management platform offers integrations with popular accounting software, ensuring seamless data transfer and accurate financial reporting. You can see a complete list of our integrations here.
How does the approval workflow function in the ProSpend expense management system?
Our platform offers a simplified process of submitting, reviewing, and approving expenses or invoices, and allows for multi-level approvals. We also offer multiple legal entity support.
Is mobile access available for employees on the go?
We understand that mobile accessibility is crucial for employees to submit expenses or approvals anytime, anywhere, and thus provide a user-friendly mobile interface.
Can virtual cards be easily issued and managed for multiple employees?
Our platform allows for easy issuance, tracking, and management of virtual cards for multiple employees, departments, or projects.
One platform for all your business spend
Easily manage your spend, expenses, invoices, purchase orders and budgets all in one powerful solution.