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What is Spenmo?

Spenmo understands that different companies have distinct spending patterns. You can conveniently send your bill payments to Spenmo, regardless of whether it's a single payment or a bulk of thousands. Our sophisticated platform reviews the invoices and processes payments without any hassle. Furthermore, Spenmo allows the use of credit cards for transactions that typically wouldn't require them. With Spenmo, handling, verifying, and processing employee expense claims is simplified significantly. The system equips your entire team with both virtual and physical corporate cards, enhancing flexibility. Once you send your bills, our platform takes charge, ensuring payments are processed efficiently. When this feature is activated, all submitted invoices are directed to an administrator for careful inspection, enabling the approval, rejection, or reassignment of transactions to another admin when necessary. This efficient methodology not only improves financial oversight but also fosters accountability throughout your organization, ultimately leading to better budget management.

What is SoftCoPay?

SoftCoPay is a comprehensive software solution designed to assist businesses in managing various payment methods, including ACH, credit and debit cards, checks, and more, all through a centralized interface. By automating manual workflows and streamlining the invoice purchasing process, it not only conserves valuable time but also guarantees the accuracy of invoices with up-to-date information. Additionally, the AI analytics feature of SoftCoPay plays a vital role in preventing payment discrepancies and overages by providing real-time accounting insights and in-depth reporting. This innovative solution enhances Accounts Payable (AP) automation by securely consolidating all relevant data in one accessible location. Furthermore, SoftCoPay connects users to an extensive network of over 3.8 million vendors across a broad spectrum of industries who are prepared to accept payments seamlessly through the platform, fostering greater efficiency in financial transactions. This connectivity empowers businesses to expand their payment capabilities while ensuring smooth operations.

Media

Media

No images available

Integrations Supported

MYOB
QuickBooks Online
SAP S/4HANA
Xero

Integrations Supported

MYOB
QuickBooks Online
SAP S/4HANA
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

$0.5 per transaction
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Spenmo

Date Founded

2019

Company Location

Singapore

Company Website

spenmo.com

Company Facts

Organization Name

SoftCo

Date Founded

1990

Company Location

Ireland

Company Website

softco.com

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

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