Question: How can I reduce rogue spend and improve financial predictability in my organization?

Spend Management is a broad-brush approach to indirect and direct spend. It automates spend and actively manages it to give you better control, lower costs and ensure that spending is in line with your business strategy. It includes features like tracking all spend, in-depth data analysis, end-to-end integration and AI to automate routine work. It's good for companies trying to cut costs and modernize procurement.

Another good option is Zip, an AI-powered procurement orchestration platform. Zip streamlines the intake, sourcing, purchase orders and payments process, giving you better visibility and control over spend. Its features include automated PO and invoice management, AI-powered invoice processing and customizable approval workflows. Zip can help cut down on rogue spending and improve financial predictability by automating compliance and shortening the purchasing cycle.

For real-time visibility and control, Payhawk is a powerful option. It offers corporate cards with proactive spend controls, automated receipt collection and sophisticated approval flows for expenses. Payhawk also offers accounts payable, procurement and multi-entity management with global visibility and customizable policies. Its integrations with ERP and accounting software mean a unified spend management experience.

Last, Brex is another AI-powered platform to manage and control financial spend. It includes corporate cards with built-in controls, automated expense management and streamlined global travel booking. Brex offers real-time expense tracking and compliance features, and integrates with multiple ERP systems. It's good for automating manual work and ensuring compliance, which can dramatically cut down on rogue spending and improve financial predictability.