TMCnet News
Teampay Introduces the Next Era of Business PurchasingNEW YORK, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Teampay, the pioneer in real-time spend management, today unveiled significant enhancements to the Teampay purchasing platform. For the first time, enterprises can now manage all company-liability spend on a single platform, including POs for invoices, virtual cards for online, and physical cards for offline purchases. This unique offering is not available anywhere else in the market and is driving unprecedented growth for Teampay, which has doubled its client base in the past quarter. “Business spend has changed, and today’s purchasing department is every single employee,” said Andrew Hoag, founder and CEO of Teampay. “Finance teams are under pressure to keep pace, but today’s spend management solutions fail to meet the demands of the modern workforce for visibility, control and simplicity. We’re seeing tremendous traction among businesses large and small as CFOs look to modernize purchasing and accommodate the new ways that people work today.” Companies spanning verticals from technology to media and publishing rely on Teampay for modern tools that bring strategic insight to the purchasing process. Finance teams gain real-time visibility and control over company-wide spend, and can better manage the entire purchasing process within existing workflows - from approval to payment and reconciliation. Employees and teams are empowered to quickly make the purchses they need without complicated, bureaucratic procurement processes. Modernizing Spend Management
“The Teampay platform provides full control and automation within our Slack workflow,” said Megan Coyle, operations lead at Motel, a digital product studio with a team of designers and engineers scattered across the US. “We can now track and control all spending, online and off, without burdening our team. Our distributed workforce can spend as needed to successfully complete their work, and finance has complete, real-time control and visibility of where and when money is being spent.” About Teampay Contact |