Mesh Payments has announced the expansion of its spend management platform with a new, industry-first suite of SaaS payment management capabilities that give finance managers an upgraded level of insight into corporate spend with new tools and products to help them optimize it.
Available now, SaaS Payment Management from Mesh reinforces the company’s mission to transform the way finance teams operate by providing them with the intelligent insights required to fully optimize SaaS spending across the organization in real-time.
Key features of Mesh Payments’ new SaaS Payment Management capabilities include:
- Connected to all SaaS Platforms. Offers an intuitive and automatic understanding of what each of an organization’s SaaS platforms is, and what each is used for.
- Subscription optimization using AI. Powers the ability for finance teams to understand how many team members are using each product and whether the company is paying for more licenses than are currently being used.
- Full SaaS payment control and visibility. Enables financial decision-makers to implement preset guidelines to automatically approve or deny SaaS purchases, including locking credit cards to specific vendors and setting spend limits for individual employees.
- Intelligent workflows and accounting system integration. Allows finance teams to automate workflow across the entire process from approval to receipt collection.
“As SaaS products have become a vital lifeline and significant portion of many businesses’ budgets, they have also become one of the biggest pain points for finance teams faced with duplicate subscriptions, services and paying for too many licenses,” said Oded Zehavi, co-founder and CEO of Mesh Payments. “A platform that helps finance teams manage subscription spending is long overdue, and for the first time, financial decision-makers now have the power to optimize their SaaS spend quickly and easily. With visibility into all of the insights around SaaS subscriptions under their organization’s umbrella, they have the tools to gain insight into which subscriptions are working for–or against–the business.”
