Spenmo Features
Expense Reports (7)
Ease of Creating Expense Reports
Based on 11 Spenmo reviews. Creation of expense reports takes little time and is intuitive for new users
Bank / Credit Card Integration
As reported in 12 Spenmo reviews. Can easily pull in receipts from all credit card statements
Smart Categorization
Automatically assigns categories/accounts based on past entries and credit card statements 11 reviewers of Spenmo have provided feedback on this feature.
Digital Receipt Management
As reported in 11 Spenmo reviews. Provides various methods to easily capture receipts digitally and can automatically parse receipts to create expenses report entries. Methods may include mobile photos, desktop drag and drop, etc.
Employee Reimbursement
Functionality to reimburse employees directly to their bank account or can easily integrate with payroll system This feature was mentioned in 13 Spenmo reviews.
Currency Conversions
Enables easy entry of expenses in other currencies and converts to expense report currency 11 reviewers of Spenmo have provided feedback on this feature.
Credit Card Integration
Integrates with corporate or personal credit cards (import or bi-directional) This feature was mentioned in 10 Spenmo reviews.
Travel Management (4)
Ease of Booking
Can book Flights, Hotels, and Rental cars directly from software.
Itinerary Management
Creates travel itineraries based on booking
Trip Notifications
Integrates to calendaring systems and/or provides notifications of upcoming flights, hotels, rental cars, etc.
Advanced Integrations
Allows advanced integrations to travel systems like Uber, airline ticketing systems, hotels, etc.
Client Invoicing (3)
Invoice Creation and Delivery
Ability to create and send printable or electronic invoices. Includes standard invoice style library that can be customized/branded.
Electronic Payments
Accepts electronic payments from clients 15 reviewers of Spenmo have provided feedback on this feature.
Project Accounting / Revenue Recognition
Provides adequate reporting and/or can integrate to AP systems to recognize revenue appropriately
Mobile (3)
Receipt Capture
Can easily capture receipts, parse receipts and convert/assign them to a report from mobile device This feature was mentioned in 10 Spenmo reviews.
Mileage Tracking
Allows users to track mileage from mobile device using maps or GPS.
Travel Itinerary and Flight Status Updates
Mobile application can store travel itineraries, electronic documents, and updates user of travel delays/changes
Administration (6)
Business Tool Integration
Provides standard connectors for popular Finance, Payroll, HRMS and CRM systems
Workflow
Based on 12 Spenmo reviews. Routes Timesheets, Invoices, Expense reports through approval process. Easy to maintain and administer
Automated Reminders
Sends automatic reminders to employees that have not completed expenses reports and/or timesheets
Policy Compliance Management
Enables administrators to create rules that enforce compliances of corporate time and expense policies
User, Role, and Access Management
As reported in 13 Spenmo reviews. Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.
PCI Regulation Compliant
Complies with PCI security standards
Platform (8)
Reporting
Access pre-built and custom reports and dashboards. This feature was mentioned in 12 Spenmo reviews.
APIs / Integration
Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications.
Internationalization
Enables users to view and transact business with the same content in multiple languages and currencies.
Performance and Reliability
As reported in 12 Spenmo reviews. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
Mobile User Support
As reported in 12 Spenmo reviews. Allows software to be easily used on multiple mobile devices include phone and tablet devices.
Offline
Provides users ability to create and access expense reports/timesheets while not connected to internet.
Embedded AI / Machine Learning
Offers embedded AI/machine learning
Complex Approval Workflow
Provides workflow for complex approval structures
Setup (3)
Data
Based on 12 Spenmo reviews. Consolidates procurement data from multiple systems such as ERP systems and supply chain suites.
Approvals
Based on 16 Spenmo reviews. Define rules and workflows that managers can use to approve different kinds of spending.
Alignment
Align spending across various departments such as procurement and accounting. 11 reviewers of Spenmo have provided feedback on this feature.
Performance (4)
KPIs
Provide standard spend KPIs that can be customized by users.
Benchmarks
Use historical spend data to create benchmarks per company or department.
Forecasting
Provide forecasts on future trends that may impact spending performance.
Savings
Identify savings opportunities per activity, department, or at the company level.
Transactions (4)
Types
Manage various transaction types such as cash collection or prepaid cards.
Global
Support multiple currencies, multiple countries, and multiple languages.
Channels
Provide features for money transfer online and on mobile devices.
Fees
Track and manage fees for different types of transactions.
Compliance (3)
Security
Comply with security and privacy standards and regulations.
Fraud Protection
Include fraud protection features for all types of transactions.
ID Verification
Checks remitters' ID and information such as address at registration.
Integration (10)
Accounting
Provide integration with accounting systems or deliver APIs for integration.
Foreign Exchange
Integrate with foreign exchange software for international transactions.
AML & KYC
Deliver features or accreditation or Anti-money laundering and Know your customer.
Accounting
Provide integration with accounting and financial management software
Payment Integration
Integrate with payment gateways and enterprise payments software
ERP
Deliver integrations with accounting modules of ERP systems
Accounting
Provide integration with accounting and financial management software
Payments
Integrate with payment gateways and enterprise payments software
ERP
Deliver integrations with accounting modules of ERP systems
Account Sync
Sync with company accounts to transfer payments for approved invoices
Invoice Management (3)
Capture
Provide features to capture invoices such as import or scanning
Supplier Portal
Allow suppliers to submit invoices using an online portal
Repository
Deliver a central repository of AP documents, such as POs and invoices
Invoice Processing (8)
Matching
Ability to match AP invoices to POs, contracts, or payments
Payments
Identify incomplete or late supplier payments
Workflows
Include workflows for approvals and invoice processing
Tax Compliance
Comply with local and global tax regulations for collections
Approvals
Include workflows for approvals of invoices or payments
Batch Processing
Process multiple invoices without human intervention
Consolidation
Allow users to consolidate multiple invoices into one
Match Invoices
Match invoices with purchases and sales orders, as well as with payments
Analytics (7)
Due Dates
Track invoices based on due dates to identify overdue payments
Benchmarking
Ability to compare AP automation metrics with other companies
KPIs
Monitor KPIs such as time to process an invoice or erroneous payments
Due Dates
Track invoices based on due dates to identify overdue payments
Cashflow
Analyze variations between incoming and outgoing cash
KPIs
Monitor KPIs such as time to process an invoice or erroneous payments
Payment Tracking
Track different types of payment such as deposits or partial payments
Invoice Generation (3)
Templates
Provide standard invoice templates that can be customized by users
Digital Invoices
Ability to convert invoices to digital formats such as PDF
Recurring Invoices
Automatically generates invoices at pre-defined time intervals
Risk (3)
Analysis
Reduces future risks through root cause analysis and process improvement
Identification
Reduces frequency of errors, identifies risk and improves efficiency
Scoring
Scores suppliers and employees based on risk factors
Recovery (2)
Recoup
Identifies and recoups funds and prevents errors from happening again
Reporting
Offers reporting to aid in minimizing future lost profits and process breakdown
Audit (4)
Filters
Includes a library of audit-tested filters to identify AP outliers that are outside company policy
Post Audits
Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims
Overpayments
Detects and prevents a wide range of overpayment errors
Duplicates
Detects and prevents a wide range of duplicate payments
Fraud (3)
Vendor Checks
Enables automatic checks of new vendors being set up in the system to combat potential billing schemes
Data Generation
Generates comprehensive data needed to conduct a thorough investigation
Monitoring
Provides continuous, proactive fraud monitoring across multiple systems and data formats
Payment Cards (3)
One-time Virtual
As reported in 15 Spenmo reviews. Online credit card number that can be instantly sent to employees and used for secure, one-time purchases
Recurring Virtual
Based on 13 Spenmo reviews. Online credit card number that can be instantly sent to employees and used for secure, recurring payments, such as subscriptions or services
Physical
Physical credit cards used by employees for various expenses that allow management to monitor spending and budgets 11 reviewers of Spenmo have provided feedback on this feature.
Reporting (4)
Real time
As reported in 14 Spenmo reviews. Report on spend transactions as they happen in real time
Multiple Views
Reports that allow the user to sort and filter by vendor, team, GL, department, etc. This feature was mentioned in 10 Spenmo reviews.
Export
Based on 12 Spenmo reviews. The ability to export reports in various formats, such as excel, CSV, and Google Sheets
Budgets
Report on and track spending against budgets This feature was mentioned in 10 Spenmo reviews.
Payments (4)
Vendor
As reported in 11 Spenmo reviews. Pay vendors through a dashboard or portal and maintain vendor payment information
Recurring
Based on 10 Spenmo reviews. Manage and execute recurring payments, such as subscriptions, services, utilities, etc.
Employee Reimbursements
As reported in 14 Spenmo reviews. Reimburse an employee for all necessary expenditures or losses incurred by the employee within the employee's scope of employment
ACH
Allows for the electronic transfer of funds between banks
Fraud & Risk Management (3)
Notifications
As reported in 10 Spenmo reviews. Real-time notifications for fraudulant and/or duplicate spending
Unique Cards
Individual, unique cards for each vendor to help manage duplicate and overpayments This feature was mentioned in 14 Spenmo reviews.
Controls
Control spend limits, expiration dates, and lock and unlock stolen or lost cards This feature was mentioned in 11 Spenmo reviews.
Agentic AI - Spend Management (1)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - Remittance & Money Transfer (1)
Cross-system Integration
Works across multiple software systems or databases
Agentic AI - Expense Management (2)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Cross-system Integration
Works across multiple software systems or databases
Agentic AI - Invoice Management (3)
Cross-system Integration
Works across multiple software systems or databases
Adaptive Learning
Improves performance based on feedback and experience
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - AP Automation (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives

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Technology Glossary Features
View definitions of the features and discover new technology terms.
Mileage tracking is the process of maintaining a mileage log for reimbursement or tax deduction. See why accurate mileage tracking is crucial for individuals and companies alike.
Policy and compliance management is a process to centrally manage standards, policies, and internal control processes cross-mapped to external regulatory standards. Learn more about policy and compliance management best practices and the associated benefits.



