Managing business spend is a key concern for most companies. The use of spreadsheets, paper receipts, paper vouchers and handwritten notes makes processes inefficient, time-consuming, and resource-intensive. It also reduces the finance team’s visibility over the company’s spend. 

The lack of control over spend causes stress within finance teams, who lag behind due to lack of visibility.  Moreover, the cash chaos leads to unspoken internal resentment wherein CFOs think that their teams aren’t providing the necessary key financial insights they require.

A spend management platform can solve this problem. But not every software offers the same functionalities and benefits. You need to select the one that has a good UX and in-depth offerings, enables more reporting, is flexible and scalable, integrates with your ERP, supports the complexities of your business, and has robust security. It should also fit into your organizational structure.

To help you choose the most suitable one for your organization, this article will cover the top 6 spend management software to manage your corporate spending. 

What Is Spend Management Software?

A spend management software is a tool that helps manage corporate spend, i.e., all non-payroll expenses. It does this by:

• Simplifying capture, storage, and retrieval of receipts and documents to reduce the risk of misplaced receipts
• Deploying approval workflows to ensure that business spending follows the company's approval hierarchy
• Providing real-time visibility into business expenses, helping to identify any irregularities
• Generating alerts when an expenditure violates company policies
• Automating employee reimbursement processes to reduce delays in employees getting paid
• Maintaining a complete audit log, including spending approvals and changes
• Easily sync with your ERP/accounting tool for streamlined month-end close
• Managing petty cash expenses by tracking and recording small, miscellaneous expenses in real-time
• Facilitating payment capabilities to handle outgoing financial transactions
• Integrating corporate cards for real-time expense tracking and control spending
• Facilitating procurement processes for the purchase of goods and services
• Handling invoice management to ensure timely payment and record-keeping to foster healthy vendor relations

Hence, spend management software provides financial visibility and control.

Top 6 Spend Management Software in 2025

1.Pluto 

‍Pluto is a spend management platform for enterprises that transforms your finance processes with automation to provide more visibility and control. It brings together the spenders, savers, and sourcers of your business to offer a complete revolution from a chaotic spend management system to a seamless collaborative workflow. It is the fastest way to manage your finances, including account payables and employee reimbursement. 

Key Features:

• Custom approval workflows that adapt to the company's hierarchy for timely and accurate approvals 
• Facilitate intricate multi-layer workflows to adapt to complex hierarchies to support seamless purchase requests and automate purchase orders
• Unlimited corporate cards with budget controls to maintain expenses within corporate policies
• Offers zero-balance cards, which get funded once the expense is approved.
• Card-specific policies to make branch & subsidiary-level reimbursements easy
• Ability to add comments and document the conversation along with other transaction details to maintain a comprehensive audit log
• View-only access available for external accountants to review financial data without making changes
• Automated receipt capture through OCR, with the ability to support bulk upload via WhatsApp and emails 
• Alerts in case of duplicate receipt uploads to avoid fraud and compliance issues
• Custom expense reports to overview business expenses and spending trends
• Integration with accounting platforms like Netsuite for advanced general ledger (GL) coding, tax tracking, vendor syncing, etc. 
• Secure document storage with a 5-year audit log and bank-grade encryption

Pricing:

 Request a custom quote

Pros:

• Enables branch & subsidiary-level spend tracking (not offered by other platforms)
• WhatsApp integration to make receipt upload easy
• Offers up to 2% cashback on all non-AED transactions 
• Independent PCI DSS Level 1 Certification

Cons:

• Slightly longer on-boarding due to corporate card offering 
• Integrates with all other major ERPs except Tally

Customer Reviews

"Pluto definitely helps the business manage their operational spending in a most efficient manner and provide visibility of how the forecast would look like. Before Pluto, me as a CFO had to wait for a month end report to understand the spending and frequency of the same but now with Pluto have much better visibility on each department and their frequency of spending."

— Jarna Gaglaani, CFO, UDrive

Pluto has helped us a lot because we have 100+ properties now, so managing the expenses was getting really difficult… The customer experience has been good, like proactively the physical cards were given.

— Amreen Manzoor, Head of Finance, Smart Crowd

Case Study: How BloomingBox Transformed Their Spend Management with Pluto

Company: BloomingBox, a leading UAE-based gifting platform specializing in premium, customizable gifts.

Challenge: BloomingBox struggled with poor cash flow visibility due to manual bookkeeping and delays in reimbursement approvals. Managing receipts and tracking expenses for different teams, like fuel for drivers, was complex and time-consuming.

Solution: Pluto’s corporate cards and automated workflows revolutionized their process. BloomingBox issued virtual cards with preset budgets and categories, ensuring controlled spending. Employees could upload receipts via WhatsApp, simplifying receipt management. The automated approval workflows significantly reduced reimbursement delays and manual intervention.

Outcome: BloomingBox gained real-time expense visibility through a centralized dashboard, faster approvals, and better control over their spending. Pluto’s flexibility allowed them to scale operations without adding more staff.

2.Procurify 

Procurify simplifies spend management by accelerating the approval and reconciliation process. It helps to track the business spending with real-time tracking and breaking down data silos. With a core focus on simplifying invoice payments and management, it helps businesses in vendor and spend management.  

Key Features:

• Ability to approve requests based on attached receipts and leave comments for clarification
• Custom budgets for different departments or projects
• OCR to auto-extract invoice data with a dedicated centralized invoice box and automatic matching with purchase orders
• Detailed reports based on different departments, categories, or other relevant parameters
• Tailored expense request forms to capture specific information relevant to the organization's needs
• Compatibility with multiple currencies, streamlining international expenses
• Storage of all expense-related documents, including receipts, invoices, and expense reports
• Integration with ERP to sync expense data

Pricing: 

It has standard all-in-one pricing of $2000/month. But custom pricing quotes are provided for add-ons like more users, more domains, NetSuite integration, on-premise training, implementation services, and on-premise hybrid implementation.

Pros:

• Easy to make amendments, for instance, to invoice amounts, which helps when raising a PO before receiving the invoice
• Responsive support team when handling technical issues

Cons:

• Does not offer corporate cards in UAE 
• Only supports procurement based spending 
• Poor reporting capabilities—lacks functionality  

Customer Reviews

“Procurify’s most significant benefit is the increase in efficiencies for the writing and matching of purchase orders. We have saved about 34,000 hours!”

— Skye Durant, Director of Procurement and Strategic Relationships

3. Spendesk 

Spendesk combines approvals, corporate cards, expense reimbursements, and invoice management to automate the spend management process. Specifically designed for finance teams, it offers real-time expense tracking and offers custom workflows for complete control. By consolidating all payments, it provides a spend management solution that enhances financial transparency. 

Key Features:

• 100% digital expense reports
• OCR technology to capture and extract key details from receipts 
• Expense claim history, available anytime, anywhere, for quick and accurate reporting
• A mobile app for quick reimbursement requests by snapping a photo of receipts
• Real-time expense monitoring to spot errors and missing receipts and stay compliant
• Automates categorization of expenses and VAT account
• Detects duplicate invoices and errors to support three-way matching
• Tracks all purchase orders and invoices with the ability to schedule payments

Pricing: 

Request the sales team for a custom quote. A free trial is available.

Pros:

• Single purchases are straightforward and simple
• Easy to integrate with an SSO provider, making login easy and secure for users 
• Handy drag-and-drop receipt functionality

Cons:

• Virtual cards are glitchy, with merchants rejecting transactions that have already gone through
• Some basic features are not included in the basic option where they should have been (i.e., memorizing accounting patterns for vendors). 
• Corporate cards have defects (especially for travel expenses)

Customer Reviews

"I would absolutely recommend Spendesk, especially for NetSuite users. Please use it!"

— Alec Ball, Part Financial Accountant

4. Airbase

Airbase simplifies expense reporting with AI and ML. It ensures quick, hassle-free, and smart corporate expense management. It is an automation solution for SMBs and large enterprises. It packages various modules such as AP automation and corporate cards to ease the spend management process for accounting teams and employees.

Key Features: 

• OCR to populate details, including GL category, date, amount, and purpose
• Ensures compliance by sending reminders and, if needed, locking cards until policies are met
• Reminders to upload receipts, eliminating the need to chase employees for receipts
• Custom approval workflows and budget limits for physical cards
• Real-time alerts for suspicious activity, enabling quick responses to potential fraudulent purchases
• Supports onboarding with a self-service vendor portal and custom questionnaires
• Facilitates payments and approvals, including multi-subsidiary support, international currency, and real-time GL sync
• Real-time audit trail with receipts, notes, and documentation for transparency.

Pricing: 

Request the sales team for a custom quote.

Pros:

• Intuitive and easy to use; no training or previous knowledge required
• Seamless approval workflows

Cons:

• Poor reporting capabilities
• The mobile app is slow and takes time to load pages 
• SSO-based login sometimes takes a few tries
• Not suitable for complex branch-level approvals and expenses

Customer Reviews

“Airbase offered the controls we needed, and it integrated with NetSuite, which was one of the selling points for me,”

— Luke McKinlay, Fountain VP Finance

5. Coupa

Coupa is a cloud-based automation platform to manage business spending, ranging from procurement to expense management. It facilitates supply chain optimization by providing visibility and control. It streamlines expenses, reduces risk, and ensures compliance by automating reporting, simplifying reimbursements, and offering mobile tracking. 

Key Features:

• Offers virtual payment cards for pre-approved expenses, speeding up the reconciliation
• OCR technology and integration with accounting software eliminates manual data entry
• Provides expense reports with intelligent algorithms to prevent fraud and ensure compliance
• A centralized view of all expense spending, enabling accurate assessment
• Enables visibility and control over travel expenses before they occur, ensuring budget control
• Simplifies procurement by offering a centralized area for comparing items from various suppliers and managing punchouts and hosted catalogs
• Provides real-time visibility into purchase orders, order lifecycle, and order line availability
• SmarterTrip feature to automate expense tracking based on the user's location, including mileage and receipt capture

Pricing: 

Request the sales team for a custom quote.

Pros:

• Several categories and filters in the analytics section to streamline data
• Chat option enables approver and claimant to discuss issues with receipts
• Enables setting up of customized approval chains and including additional new approvers  

Cons:

• Lots of unnecessary notifications, making it difficult to select the ones that need action or comment
• Low receipt searchability, making retrieval time-consuming
• Inconsistent syncing of remit-to address from NetSuite
• Complex to implement and not intuitive, forcing admins to spend more time resolving employees' queries
• Slow customer service 
• Very expensive

Customer Reviews

“I’m very pleased with the Coupa solution that my team put in place because it has simplified our tech architecture and landscape.”

— Camiel Schijven, Wintershell Dea CIO

“We’ve eliminated 10 different systems with Coupa. That consolidation has given us better control, better visibility, and a higher level of confidence in the data that we have.”

— Shaun Carroll, Mitie Chief Procurement Officer

6.BILL

‍BILL simplifies expense tracking by providing real-time visibility and customization to manage expenses. It is a spend management solution for SMBs to control payables, receivables expenses, and all corporate expenses. It allows businesses to combine a scattered spend management process into a single platform with seamless syncing. 

Key Features:

• Provides credit limits ranging from $500 to $5 million to control spending within constraints
• Makes it easier to monitor spending with real-time visibility into the business finances
• Custom approval workflows to speed up the approval process with minimal friction
• Multiple payment options, including ACH, credit card, check, international wire transfers
• Automates purchase order workflows with the ability to sync and automate two-way matching and three-way matching
• Ability to do quick coding and sync with accounting systems to streamline expense reconciliation
• Enables automated receipt matching, categorization, and expense reporting, reducing administrative workload
• Offers security features, including the ability to freeze and create corporate cards instantly
• Notifies administrators of each employee's transactions, ensuring timely oversight

Pricing: 

Bill provides a free trial and essentials pack starting at $45 for six standard user roles. Its team and corporate pack are for $55 and $79, respectively. Enterprises need to request a custom quote.

Pros: 

• One-click swift payments
• Minimum training required
• Easy-to-use mobile app

Cons: 

• Customer support is difficult to initiate, slow, and unresponsive
• Frequent changes in the interface create confusion for users

Customer Reviews

“Overall, I would estimate that BILL has increased efficiency in our office by 20%, and personally saved me a significant amount of time.”

— Linzi Gay, President, Clif Family Winery

How to Choose the Right Spend Management Software 

To pick the right software, understand your organization's unique needs.

• What are your goals—cutting costs, enhancing compliance, or making expense processing more efficient?
• What issues do you face with expenses now—a time-consuming process, too many errors, or poor vendor relationships?
• How many employees will use the software, and should it be scalable to accommodate future hires?
• Do you have specific industry rules or in-house policies the software must follow?

Consider these eight factors:

1. Ease of Use

The software should require minimal training or support with a not-too-steep learning curve. Admins shouldn’t have to spend hours training their employees.

2. Automation

Choose software with features like automated approval workflows, expense categorization, and notifications. This will improve not only visibility but also accuracy and speed. You will have complete control over finances without having to do tedious manual tasks. 

3. Security

Pick software that complies with security and is certified. It should provide data encryption, role-based access control, and regular security updates.

4. ERP Integration

The software should integrate with existing financial and accounting systems. This provides a unified view of your financial data without any disruptions. You shouldn’t have to sync data from multiple sources, which can add up to the manual tasks. 

5. Document Capture and Retrieval

Pick a software that has simple document capture and retrieval capabilities. Attaching or retrieving receipts, invoices, and other relevant documents should not take more than a minute. OCR-based software that detects the information to auto-populate expense reports is better than that requiring manual entry.

6. Budget Control

Select software that enables specifying budgets for different projects, departments, or expense categories. It should be able to monitor the set budgets and raise alerts in case of breach. It should also allow you to modify these budgets at your discretion, ensuring funds reach the right place at the right time. 

7. Multiple Payment Options

The software should allow you to configure custom payment options to suit your business needs. This includes credit cards, ACH, or other payment methods.

8. Scalability and Flexibility

Select software that can accommodate increased usage for growing businesses. It must also be flexible enough to adapt to changing needs, such as new expense categories, compliance requirements, and organizational structures.

The Spend Management Solution for Your Team

Investing in a spend management tool like Pluto is a smart decision that can improve your financial visibility. From set-up to integration and managing intricate workflows, Pluto handles all aspects of spend management. 

• It seamlessly integrates with your current processes, ensuring a smooth transition. 
• It offers flexibility to handle complex operations, catering to the needs of both small and large teams. 
• Its automation capabilities reduce manual tasks and enhance accuracy for better expense management. 

Pluto is the only independently audited PCI DSS Level 1 provider in the UAE, ensuring the highest security standards for enterprises.

Pluto offers a spend management tool that adapts to your evolving needs and provides freedom from financial chaos.

If you want to see how Pluto can transform your spend management into a simpler process, book a demo today.