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What is Trace Spend?

Presenting an all-inclusive procurement application tailored for teams that thrive on multitasking. This innovative solution merges budget management, procurement workflows, and spending analytics into one cohesive platform. It streamlines financial oversight for budget managers and their teams, alleviating the burden of managing requests from diverse sources such as email, Slack, or Jira. With user-friendly workflows, the purchasing experience becomes effortless and intuitive. All requests are consolidated in a single hub, using a straightforward workflow that engages users by asking a few questions at once. Vendors and contracts can be added immediately or at a later stage, providing much-needed flexibility. As users work through transactions, they can construct and adjust purchase plans from the ground up, adapting to evolving needs. The approval process can involve various departments, including procurement, IT, legal, and finance, ensuring comprehensive participation through customizable workflows. This collaborative approach not only enhances communication but also significantly improves the overall efficiency and responsiveness of the procurement process. Ultimately, this platform empowers teams to optimize their resources and streamline operations like never before.

What is Custodia?

Custodia operates as an advanced platform that streamlines spending and payment management, equipping enterprises, fintech companies, issuers, processors, and channel partners with essential tools to design and sustain embedded financial products that offer immediate visibility, flexible features, and a global reach. The backbone of its infrastructure is a real-time adaptive authorization engine, which supports a variety of applications, such as corporate card programs, autonomous financial workflows, integrated digital wallets, loyalty initiatives, and exhaustive employee benefits on a worldwide scale. Clients enjoy the ability to easily track expenditure across teams and departments while employing dynamic policy frameworks to manage budgets and transactions effectively. Leveraging Custodia's modular elements and broad processor integrations, users can create personalized spending management and payment solutions that cater to their unique requirements, regardless of complexity. Moreover, the platform facilitates secure and automated B2B transactions and procurement processes through reliable autonomy agents, enhancing merchant capabilities and ensuring a smooth financial experience. By emphasizing innovation, Custodia not only simplifies financial management but also adapts to the evolving needs of its clients, fostering a more responsive financial ecosystem. Ultimately, the platform serves as a key player in transforming how organizations approach their financial operations.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Google Cloud Platform
Microsoft 365
Microsoft Excel
NetSuite
QuickBooks Online
Sage Intacct

Integrations Supported

Amazon Web Services (AWS)
Google Cloud Platform
Microsoft 365
Microsoft Excel
NetSuite
QuickBooks Online
Sage Intacct

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

Trace

Date Founded

2017

Company Location

United States

Company Website

www.tracehq.com

Company Facts

Organization Name

Custodia

Date Founded

2018

Company Location

United States

Company Website

www.custodia.ai/

Categories and Features

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

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

Spend Management

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

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