Categories:

#21

Airbase is ranked #21 in the Procure To Pay Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

Airbase Pricing

Based on our most recent analysis, Airbase pricing starts at $8,500 (Annually, Quote-based).

Price
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Starting From
$8,500
Pricing Model
Annually, Quote-based
Free Trial
Yes, Request for Free

Training Resources

Airbase is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Airbase:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Airbase Benefits and Insights

Why use Airbase?

Key differentiators & advantages of Airbase

  • Streamlined Workflows: Airbase automates repetitive tasks, reducing manual entry and freeing up time for more strategic activities.
  • Enhanced Visibility: Gain real-time insights into spending patterns and financial commitments, allowing for more informed decision-making.
  • Improved Compliance: Ensure adherence to company policies and regulatory requirements with built-in controls and audit trails.
  • Cost Savings: Identify cost-saving opportunities through detailed spend analysis and vendor management.
  • Centralized Platform: Manage procure-to-pay, accounts payable, and expense management in one integrated system, reducing the need for multiple tools.
  • Increased Efficiency: Automate approval workflows to speed up processes and reduce bottlenecks in financial operations.
  • Scalability: Easily adapt to business growth with a platform that scales with your organization’s needs.
  • Enhanced Collaboration: Facilitate better communication between departments with shared access to financial data and documents.
  • Risk Mitigation: Minimize financial risks with proactive monitoring and alerts for unusual spending patterns.
  • Customizable Reporting: Generate tailored reports to meet specific business requirements and gain deeper insights into financial performance.
  • Time Savings: Reduce the time spent on manual reconciliations and data entry, allowing finance teams to focus on strategic initiatives.
  • Vendor Management: Streamline vendor interactions and negotiations with a centralized repository of vendor information and contracts.
  • Budget Control: Maintain tighter control over budgets with real-time tracking and alerts for budget overruns.
  • Seamless Integration: Connect with existing ERP and accounting systems to ensure data consistency and accuracy across platforms.
  • User-Friendly Interface: Simplify user adoption with an intuitive interface that requires minimal training.
  • Fraud Prevention: Protect against fraudulent activities with robust security measures and transaction monitoring.
  • Flexible Approval Processes: Customize approval workflows to align with organizational hierarchies and business rules.
  • Real-Time Expense Tracking: Monitor expenses as they occur, providing immediate insights into cash flow and financial health.
  • Employee Empowerment: Empower employees with self-service tools for submitting and tracking expenses, reducing administrative overhead.
  • Data-Driven Decisions: Leverage comprehensive data analytics to drive strategic financial decisions and optimize resource allocation.

Industry Expertise

Airbase is a procure-to-pay software solution that is best suited for fast-growing companies in the mid-market and early enterprise, particularly those with 100 to 5,000 employees. It is especially well-suited for businesses in the technology sector that need to manage spending, close the books faster, and mitigate financial risk.

Airbase Reviews

Average customer reviews & user sentiment summary for Airbase:

User satisfaction level icon: excellent

94 reviews

100%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Airbase reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

  • Guided Procurement: Airbase guides users through the procurement process, helping them stay within budget and comply with company policies.
  • Virtual Cards: The platform offers virtual credit cards for online purchases, enhancing security and simplifying expense tracking.
  • Expense Tracking: Airbase allows users to easily track expenses, capture receipts, and submit expense reports, streamlining the reimbursement process.
  • Accounts Payable: The platform automates accounts payable processes, including invoice processing, approvals, and payments, reducing manual effort and improving efficiency.

Cons

  • Limited Reporting: Some users have reported that Airbase's reporting features lack depth and flexibility, making it difficult to extract specific insights and create custom reports for complex business needs.
  • Occasional Technical Glitches: While generally praised for its usability, Airbase has been known to experience occasional technical issues and bugs, which can disrupt workflows and cause frustration for users.
  • Scalability Concerns: Airbase's suitability for larger enterprises has been questioned, with some reviewers suggesting that its procurement functionalities may not be robust enough to handle the complex needs and higher transaction volumes of larger organizations.

Researcher's Summary:

Is Airbase the real deal or does it leave users feeling financially up in the air? User reviews from the past year indicate that Airbase is a breath of fresh air for many businesses, particularly those looking for a user-friendly and comprehensive spend management solution. Users rave about its intuitive interface, making expense reports and bill payments a breeze, even for those who aren't financially savvy.

One of Airbase's standout features is its virtual card program, which receives high praise for its ease of use and control over employee spending. Users highlight the convenience of issuing virtual cards, eliminating the need for physical cards and streamlining expense management. Airbase's seamless integration with popular accounting software like NetSuite is also a major plus, simplifying financial reconciliation and reporting. However, some users point out limitations in Airbase's reporting capabilities, finding them less robust compared to other platforms. Additionally, occasional technical glitches and the pre-funding requirement for corporate credit cards are areas where some users express room for improvement.

Overall, Airbase emerges as a strong contender in the spend management arena, especially for small to medium-sized businesses seeking an intuitive and comprehensive solution. Its user-friendly design, coupled with robust features like virtual cards and seamless integrations, makes it a compelling choice for businesses looking to streamline their financial operations and gain better control over spending. However, businesses with complex reporting needs might find the platform's reporting functionalities somewhat limiting and should carefully evaluate their requirements before committing.

Key Features

Notable Airbase features include:

  • Comprehensive Spend Management: Airbase consolidates all spending processes, including bill payments, corporate cards, and reimbursements, into a single platform.
  • Real-Time Reporting: Offers immediate visibility into spending with detailed reports that can be customized to track specific metrics and KPIs.
  • Automated Approval Workflows: Streamlines the approval process with customizable workflows that ensure compliance and reduce bottlenecks.
  • Virtual and Physical Cards: Provides both virtual and physical cards for employees, allowing for controlled and trackable spending.
  • Vendor Management: Simplifies vendor interactions with a centralized database that tracks all vendor-related transactions and communications.
  • Seamless Integrations: Integrates with popular accounting software like QuickBooks, Xero, and NetSuite, ensuring data consistency across platforms.
  • Expense Policy Enforcement: Automatically enforces company expense policies, reducing the risk of non-compliant spending.
  • Multi-Entity Support: Supports complex organizational structures with multiple entities, providing consolidated or segmented financial views as needed.
  • Audit Trail: Maintains a detailed audit trail of all transactions, approvals, and changes, facilitating easier audits and compliance checks.
  • Budgeting Tools: Includes tools for setting and managing budgets, allowing for proactive financial planning and control.
  • Mobile Accessibility: Offers a mobile app that enables users to manage expenses and approvals on the go, increasing flexibility and responsiveness.
  • Customizable Spend Controls: Allows for setting specific spend limits and controls at the department, team, or individual level.
  • Receipt Capture: Simplifies receipt management with features that allow users to capture and upload receipts directly from their mobile devices.
  • Advanced Security Features: Employs robust security measures, including two-factor authentication and data encryption, to protect sensitive financial information.
  • Global Payments: Facilitates international transactions with support for multiple currencies and cross-border payments.
  • Employee Reimbursement: Streamlines the reimbursement process with automated workflows that ensure timely and accurate payments to employees.
  • Custom Reporting: Users can create tailored reports to meet specific business needs, enhancing decision-making capabilities.
  • Role-Based Access Control: Provides granular access controls, ensuring that users only have access to the information and functions relevant to their role.
  • Data-Driven Insights: Leverages data analytics to provide insights into spending patterns and opportunities for cost savings.
  • Compliance Management: Helps maintain compliance with financial regulations through automated checks and balances.
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