Financial Services / Payments Tech

Best Spend Management Companies

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What is Spend Management?

The spend management market enable businesses to efficiently manage and control their expenditures through a suite of integrated software solutions, including virtual corporate cards, expense management systems, procurement software, budget tracking tools, and supplier management platforms. Vendors use APIs and cloud-based platforms to integrate these solutions into existing financial and operational systems, allowing for real-time visibility into spending patterns, automated approval workflows, and enhanced compliance controls. This integration streamlines financial processes, reduces administrative burdens, and provides actionable insights, helping organizations optimize their budgets, negotiate better terms with suppliers, and achieve cost savings.

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Top Spend Management Companies

Pleo logo
Pleo

Denmark / Founded Year: 2015

Pleo operates as a business spend management platform. It provides virtual cards, expenses, automated expense reports for employees, invoices, and more. It serves industries such as retail, healthcare, technology, and more. It was founded in 2015 and is based in København N, Denmark.

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Skiller Whale, TravelPerk, Yapily, and 1 more

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Aqilla

Key People

Niccolo Perra, Jeppe Rindom, Anita Szarek, and 2 more

Brex logo
Brex

United States / Founded Year: 0000

Brex is a financial technology company that specializes in AI-powered spend management for businesses. The company offers corporate credit cards, automated expense management, and bill payment software, as well as banking and Treasury services that include high-yield deposits and FDIC-insured accounts. Brex primarily serves startups, mid-size companies, and enterprises and provides them with tools to control and track company spending in real-time. Brex was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.

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Tipalti logo
Tipalti

United States / Founded Year: 0000

Tipalti is a global payables automation company that specializes in streamlining all phases of the accounts payable and payment management workflow. The company offers a cloud-based platform that simplifies the management of supplier payments, encompassing supplier onboarding, tax and regulatory compliance, invoice processing, and payments to suppliers worldwide in various methods and currencies. Tipalti's solutions are designed to reduce the workload for accounts payable departments and enhance financial and compliance controls. It was founded in 2010 and is based in Foster City, California.

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Coupa logo
Coupa

United States / Founded Year: 0000

Coupa operates as a business spend management (BSM) company within the cloud-based software industry. The company offers an artificial intelligence (AI) driven platform that provides solutions for procurement, supply chain management, finance, and more. Coupa's platform is designed to automate and optimize business spending processes, including procurement, invoicing, expense management, and supply chain planning. It was founded in 2006 and is based in San Mateo, California.

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Key People

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Ramp logo
Ramp

United States / Founded Year: 0000

Ramp specializes in spend management solutions within the financial technology sector. The company offers a suite of products that include corporate cards, expense management, and accounts payable automation designed to streamline finance operations and improve efficiency for businesses. Ramp's platform also provides features such as automated procurement, vendor management, and working capital solutions, catering to a diverse range of customer needs from startups to large enterprises. It was founded in 2019 and is based in New York, New York.

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All Companies in Spend Management

Airbase logo
Airbase

United States / Founded Year: 0000

Airbase is a comprehensive procure-to-pay software solution provider in the financial technology sector. The company offers a platform that streamlines purchasing, accounts payable automation, expense management, and corporate card programs to control and manage company spending. Airbase's platform is designed to integrate with over 70 enterprise resource planning (ERP) systems, enhancing financial operations for businesses. It was founded in 2017 and is based in San Francisco, California. In September 2024, Airbase was acquired by Paylocity at a valuation of $325M.

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Expensify logo
Expensify

United States / Founded Year: 0000

Expensify is a company that focuses on spend management in the financial services industry. Its main services include expense tracking, invoicing, bill payment, and travel booking, all aimed at simplifying money management for individuals and businesses. The company primarily serves small businesses, team managers, and accountants. It was founded in 2008 and is based in Sacramento, California.

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FreshBooks logo
FreshBooks

Canada / Founded Year: 0000

FreshBooks is a cloud-based accounting software provider focused on serving self-employed professionals and their teams. The company offers a suite of financial management tools that facilitate invoice creation, expense tracking, time management, and online payment processing. FreshBooks primarily caters to the needs of small businesses across various industries, including marketing, legal, and IT services. It was founded in 2003 and is based in Toronto, Ontario.

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Jeeves logo
Jeeves

United States / Founded Year: 0000

Jeeves operates a financial platform providing payment and expense management solutions within the financial services industry. The company offers a suite of tools that streamline global finance operations, including multi-currency accounts, corporate card issuance, cross-border payments, and integrated expense management. Jeeves primarily serves businesses looking to manage their financial operations across multiple countries. It was founded in 2019 and is based in Orlando, Florida.

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Moss logo
Moss

Germany / Founded Year: 0000

Moss is a spend management platform that operates in the financial technology sector. The company provides solutions for corporate credit card issuance, expense management, and accounts payable automation, designed to streamline financial processes and enhance control over company spending. Moss's platform is tailored to the needs of modern SMB finance teams, offering features such as real-time budget tracking, receipt capture, and seamless integrations with accounting software. Moss was formerly known as Vanta. It was founded in 2019 and is based in Berlin, Germany.

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Payhawk logo
Payhawk

United Kingdom / Founded Year: 0000

Payhawk is a spend management platform that operates in the financial technology sector. The company offers a suite of tools for managing corporate expenses, including issuance of corporate cards, automation of expense management, and comprehensive accounts payable software. Payhawk's solutions are designed to provide real-time visibility and control over business spending, streamline financial operations, and integrate with existing ERP and accounting systems. It was founded in 2018 and is based in London, England.

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Procurify logo
Procurify

Canada / Founded Year: 0000

Procurify operates in the financial technology sector, offering a procure-to-pay platform that supports purchasing and accounts payable automation. It enables organizations to manage their business spending. Procurify's solutions serve various sectors, including technology, healthcare, biotech, manufacturing, consumer packaged goods, education, charter schools, and nonprofit organizations. It was founded in 2012 and is based in Vancouver, Canada.

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Qonto logo
Qonto

France / Founded Year: 0000

Qonto is a business finance solution that specializes in banking, financing, bookkeeping, and spend management for small and medium enterprises (SMEs) and freelancers. The company offers an online platform that includes business accounts with Mastercard debit cards, invoice management, and tools for expense and cash flow management. Qonto primarily serves the needs of small and medium-sized enterprises, freelancers, and various associations seeking efficient financial management solutions. It was founded in 2016 and is based in Paris, France.

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Soldo logo
Soldo

United Kingdom / Founded Year: 0000

Soldo provides spend management solutions within the financial services sector. The company offers a platform that connects with financial systems to manage corporate spending through company cards, a mobile app for tracking expenses, and tools for financial compliance. Soldo serves businesses that need to manage their expense processes and gain insights into their spending. Soldo was formerly known as PX Technology. It was founded in 2014 and is based in London, England.

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Yokoy logo
Yokoy

Switzerland / Founded Year: 0000

Yokoy is a financial technology company specializing in spend management solutions for midsize companies and global enterprises. The company offers a suite of services including artificial intelligence (AI)-powered invoice processing, expense management, and smart corporate credit cards. Yokoy's platform is designed to automate financial processes, provide real-time spending insights, and ensure compliance through integrated workflows and application programming interface (API)-driven system integrations. Yokoy was formerly known as Expense Robot. It was founded in 2019 and is based in Zurich, Switzerland.

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Our Methodology

The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.

What is Spend Management?

The spend management market enable businesses to efficiently manage and control their expenditures through a suite of integrated software solutions, including virtual corporate cards, expense management systems, procurement software, budget tracking tools, and supplier management platforms. Vendors use APIs and cloud-based platforms to integrate these solutions into existing financial and operational systems, allowing for real-time visibility into spending patterns, automated approval workflows, and enhanced compliance controls. This integration streamlines financial processes, reduces administrative burdens, and provides actionable insights, helping organizations optimize their budgets, negotiate better terms with suppliers, and achieve cost savings.

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Market Map

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Do you compete within Spend Management?

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Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.