Airbase - Get unparalleled control over your business spend.

Hey Product Hunt, Airbase founder here. One of the biggest challenges I faced as I built and scaled my first company was staying on top of the money we spent. It's manageable when you're a small company, but becomes very hard as you're growing. There is a different system for everything - requests and approvals, payments (corporate cards, ACH, check), expense reports, invoice processing etc. It's impossible to have good control and any sort of visibility into what you're spending money on. After selling my previous company, I decided to build a solution for this from the ground up. Airbase is the first all-in-one platform that brings every step involved in spending and tracking money into one system. This makes life a lot easier for finance teams and reduces the burden on the rest of the team. With Airbase, you can do all of this and more in a single platform: - Replace ad-hoc requests on Slack and e-mail with a simple pre-approval workflow. - Manage all of your payments - physical cards, virtual cards, ACH, check - in one place. - Use virtual cards to pay for online subscriptions— pay one vendor with one card and set spend limits. No more handing out cards with large limits to the entire team. - Get a detailed audit trail for every transaction the moment a dollar is spent. - Automate the bulk of your accounting and close books faster. (We integrate with your ledger-Quickbooks, Netsuite, Xero or Intacct) We're fortunate to have some awesome companies like Gusto, Segment, Getaround, Doximity, Netlify and many others as customers. This new approach is just the beginning of our journey. We would love your feedback and comments. Thejo Founder, Airbase

By far, Airbase is my favorite financial product. * Helped me streamline the entire spend process at Coda.io - I route most expenses through the platform - everything from software to travel to one-off expenditures. * Incredibly easy to use - I have never trained an employee on how to use Airbase. They log in, and it's clear what they should do. * It creates tremendous peace of mind on spend - I don't worry about vendors charging us more than they should, people buying software they don't need, and card numbers getting stolen. * Visibility - It's easy to know what has already been purchased, who purchased it, and how much are we spending. * Keeps getting better - Airbase started with just digital credit cards but the tool is quickly replacing all types of spend management software internally.

Was lucky to be part of the Airbase beta from very early on in the company's history. The team is a big part of why the tool is great. They understand how spend processes get unruly as companies grow and helped us avoid those big pitfalls before they happened. Their support is also phenomenal.

Pros:

* Creates peace of mind, protects from fraud * Easy to use * Keeps getting better - will replace all types of spend mgmt sw

Cons:

* Looking forward to a mobile app at some point.

I work at a small startup, so getting this type of thing right at the very beginning is of critical importance. I'm amazed by how many companies Airbase could benefit.

Pros:

I love how Airbase brings everything together in one really beautiful, slick interface.

Cons:

None - and the team is truly incredible! Can't wait to see what they do next.

A close friend of mine, Shreyas, gave me a sneak peak of the UI. I only have good things to say about the design of this product. So excited for you guys!

One concern that potential customers may have is the need to maintain a balance in their Airbase account in advance of funding spend, rather than paying a credit card statement a month in arrears. However, as long as you’re not so strapped for cash that you need that month delay to pay the bill the Airbase account functions just like a normal bank account with no extra hassle.

Pros:

* Saves time for both my accounting team and business partners * Adds control with minimal (and flexible) levels of operating friction

Cons:

I can’t wait to consolidate all of my AP spend on Airbase as well.

They are well-run company with strong innovation in the space. As they build-out their full platform (adding check/wires) they are making this the one-stop shop for all spend at a company.

Pros:

- Ease of use for not only finance, but the wider organization - Fast/helpful customer support with consistent product updates we request.

Cons:

- Hoping for international wires and a solution to employee travel expense reporting down the road.

I can say from personal experience using the product over the past 6-9 months that we absolutely love using Airbase. It's a really flexible and elegant solution to the corporate spend management problem. By issuing virtual cards on a per-vendor basis with tight controls on each card, Airbase threads the needle between the benefits of issuing corporate cards to employees and reimbursing employees for vendor payments, both of which have their benefits but also their major setbacks. Airbase has the best of both worlds and is the best solution that we have seen for managing corporate spend. I would recommend it to anyone looking to simplify this area of their business -- especially startups!

Pros:

*Fantastic, easy-to-use financial product. Best solution out there to managing corporate spend.

Cons:

*Would benefit from a rewards program. That is the only thing that is missing vs. issuing traditional corporate cards

Todo muy bien explicado

Would be cool if this also did invoice A/P submission and OCR the PDFs into bills into Xero (receiptbank style) then I'd switch to this from Siftery+ReceiptBank

Great app guys! 👏