Spenmo
Spenmo, based in Singapore, is a fintech company specializing in spend management solutions including corporate cards, bill payments, and reimbursements, aimed at streamlining company expenses and enhancing control.
Company Overview
Spenmo is a fintech company headquartered in Singapore, established in June 2019. The firm operates within the banking and exchange sub-industry, focusing primarily on spend management solutions for businesses. With a robust team of 200 members, Spenmo aims to streamline company expenditure while maintaining control. It operates in Singapore, Southeast Asia, and remotely.
Product Offerings
Spenmo provides a comprehensive suite of spend management tools, including bill payments, corporate cards, and reimbursements. Their platform includes features like local and international invoice payments, approval-based spending, and accounting automation. They also offer a real-time dashboard and customizable approval flows to enhance visibility and eliminate out-of-policy spending. Additionally, Spenmo's Smart Scanning technology reduces manual effort and errors in bill payments.
Security Certifications
Spenmo is ISO 27001 and PCI-DSS certified, ensuring adherence to global information security standards and providing security for card data to protect against data breaches. These certifications indicate Spenmo’s commitment to maintaining high security and information management standards.
Accounting Software Integration
Spenmo integrates seamlessly with popular accounting software, including Xero, Netsuite, Quickbooks, and Jurnal. This integration helps businesses reduce manual entry and errors, leading to more efficient reconciliation processes.
Customer Feedback
Spenmo has been rated 4.5 out of 5 stars on G2 as a High Performer in Spend and Expense Management. Customers have highlighted the platform's efficiency in reducing manual work, which can save finance teams over 50 hours and $10,000 every month.