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Spendit

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Procure-to-pay platform streamlining cost management and expense tracking.

Overview

Spendit specializes in procure-to-pay accounting solutions, offering a cost and expense management platform aimed at streamlining the procurement process for businesses. The platform automates order placement, invoice processing, and payment execution, which may enhance operational efficiency and compliance with financial regulations. Spendit serves a diverse clientele, including over 3,000 companies, and offers integration options with tools such as ERP and Slack. Key features include real-time transaction tracking, automated receipt matching, and customizable spending limits. The company's mission is centered on improving cost management, and it highlights its innovative features and promotional offerings as competitive advantages that address challenges in expense management.

Key facts

Founded
2015
Headquarters
Seoul, South Korea

Business model

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About Spendit

What does Spendit do?

Spendit specializes in procure-to-pay accounting solutions, offering a cost and expense management platform aimed at streamlining the procurement process for businesses.

Where is Spendit headquartered?

Spendit is headquartered in Seoul, South Korea.

When was Spendit founded?

Spendit was founded in 2015.

Which sector is Spendit in?

Spendit operates in Finance & Accounting Technology, part of Financial Technology.

Who are Spendit's competitors?

Companies similar to Spendit include Zevoy, Circula, and N2F.