AI TOOL PROFILE
PayEm: Spend Management and Procurement Software
- Finance and Accounting
- Expense Management
- Finance teams
- Procurement teams
- Operations managers
- Small and mid-market companies
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
At a glance
- Best for
- Finance teams, Procurement teams, Operations managers, Small and mid-market companies
- Key use cases
- Corporate Card Management, AP Automation, Subsidiary Spend Tracking, Budget Request Workflows
- Integrations
- NetSuite, QuickBooks, Priority ERP, Xero, TravelPerk
- Official website
- Visit payem official website
How AI is used
PayEm is a spend management and procurement platform designed to help finance teams move away from manual expense reports and receipt chasing. The system centralizes fund requests, approvals, and payments into a single workflow.
It is built for companies that require control over non-payroll spending. The tool combines corporate card issuance with accounts payable automation and procurement tools to provide visibility into spending.
Key capabilities include setting spending limits on cards and using AI to process invoices. Finance teams can create custom intake forms and automated decision trees to route approvals.
Buyers should confirm if their specific ERP system is supported among the listed integrations and verify how the KYC (Know Your Customer) verification process fits into their onboarding timeline.
Key Features
Corporate Card Issuance
Supports virtual and physical cards with spending limits and merchant restrictions.
AI-Powered Invoice Processing
Uses AI to read, code, and route invoices to support the month-end close process.
Automated Approval Workflows
Provides code-free decision trees for routing fund requests and purchase orders based on roles or amounts.
Automatic Receipt Capture
Prompts users to upload receipts via mobile or desktop to support digital reconciliation.
Multi-Subsidiary Management
Supports defining separate subsidiaries with their own approval flows, budgets, and books.
Custom Request Forms
Enables the creation of intake forms with dynamic logic for employee fund and purchase requests.
Use Cases
Corporate Card Management
Issuing virtual or physical cards to employees with specific budget limits for travel or training.
AP Automation
Using AI to process and code vendor invoices to reduce manual data entry.
Subsidiary Spend Tracking
Managing separate financial policies and books for different business entities within one platform.
Budget Request Workflows
Replacing email-based approval chains with digital request forms and automated routing.
Integrations
- NetSuite
- QuickBooks
- Priority ERP
- Xero
- TravelPerk
- Google Workspace
- Slack
- HiBob
- BambooHR
- Okta
- Google Pay
- Apple Pay
- Samsung Pay
FAQ
What does PayEm do?
- PayEm is a platform that manages company spending by combining corporate cards, AI-powered invoice processing, and automated approval workflows for procurement.
Can PayEm handle multiple company branches?
- Yes, it supports multi-subsidiary management, allowing users to set separate budgets, approval flows, and books for different subsidiaries.
How does PayEm handle receipts?
- The platform uses automatic receipt capture, reminding users to upload photos of receipts via mobile or desktop to support reconciliation.
How much does PayEm cost?
- Specific pricing is not listed publicly; buyers must contact the sales team for a quote.
Source category: Finance & Accounting
Source subcategory: Expense Management
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