Streamline the management of your business spend
Monitor, optimize and integrate your accounts payable on our easy-to-use interface.
Full control over spending and budgets
Faster and easier purchases
Intuitive experience for immediate adoption
Stay in control of your purchase workflows
Manage every step of your procurement workflow from one integrated platform. Get a complete overview, and track every stage precisely with our smooth navigation.
reduction in manual tasks
reduction in spending
faster at closing the books
Keep your cost down and manage your budgets in real time
Track your budgets by cost center
Create costs centres, easily assign budgets, and help your teams manage their spending. Monitor your budget and the impact on your treasury in real time.
Automatic expense categorization
Automatically assign and categorize expenses by cost center. Get full visibility into your budget.
Purchase requests & approval workflows
Every business expense is pre-approved before it's committed.
Set payment limits
Control spending by internal spending rules.
Digitize and automate your purchasing processes
Automatically import your invoices and receipts
Easily import documents by email, mobile scan, or PDF upload. Automatically separate invoices when uploading in bulk. Extract the information you need with industry-leading OCR technology.
Manage purchase orders and delivery notes
Centralize your POs and delivery notes in Agicap. Match them to invoices for 2- or 3-way reconciliations and ensure full payment traceability.
Customize your approval workflows
Set up approval flows based on supplier, amount, or cost center. Instantly notify the right people to keep everything running smoothly.
Send secure global payments - directly with Agicap
Easy, secure payments for peace of mind
Make secure payments directly from your bank account using trusted global and local protocols: H2H (ACH, Wire), global file export, SWIFT.
Beneficiary management
Add and update beneficiaries with full control and security. Get instant notifications whenever there's a change to your records.
Multi-currency support
Generate payment files in the required formats and currencies, fully compliant with ISO 20022 and NACHA standards.
Approval rules
Set up single or dual approval workflows. Approve payments via the mobile app for more flexibility and control.
Close your books faster and more accurately
Pre-accounting information
Automatically tag every expense to the correct chart of accounts based on supplier or cost center. Eliminate the need for manual entry.
Purchase journal generation
Create your puchase journal in the exact format your accouting tool or ERP requires in a few simple clicks.
Business tool connectivity
Automatically sync entries to your accounting tool and ERP while keeping your chart of accounts up to date - no more duplicate updates.
Discover how our platform can power your cash flow
Impactful accounts receivable management
Manage receivables and payments in any currency — all from one secure interface.
Improved connectivity
Connect all your banks and business tools. Benefit from a single source of truth and easily sync data with your other business tools like your accounting software or ERP.
Seamless payments
Make secure payments through one single platform. Execute transactions around the world in all your currencies. Don't juggle different passwords for different bank accounts anymore.
Integrated cash flow management
Connect, forecast and optimise your treasury precisely.
Frequently asked questions
What is a Spend Management Software?
Spend Management Software is a sophisticated tool designed to help businesses track, analyze, and control their expenses. It integrates various financial processes to streamline spending, optimize procurement, and ensure budget compliance, ultimately boosting savings and enhancing financial efficiency.
How does Spend Management Software help in boosting savings?
Spend Management Software boosts savings by providing real-time insights into spending patterns, identifying cost-saving opportunities, automating expense approvals, and enforcing company-wide budgetary controls. These features help reduce overspending, eliminate unnecessary expenses, and negotiate better payment terms.
What main features provide a Spend Management Softwares?
Key features to look for include expense tracking and reporting, procurement management, budget management, vendor management, integration with existing financial systems, real-time analytics, and compliance monitoring. Advanced solutions may also offer AI-driven insights and automated approval workflows.
Is Spend Management Software suitable for midsized companies?
Yes, Spend Management Software is suitable for businesses of all sizes, including midsized businesses. It can be tailored to meet the specific needs of smaller enterprises, offering scalable solutions that grow with your business. By improving expense visibility and control, even small businesses can significantly boost their savings and operational efficiency.
