Airbase

TL;DR

Comprehensive spend management solution now integrated with Paylocity's HCM platform
Enables unified control over payroll and non-payroll expenses through a single system
Designed for finance teams seeking real-time visibility and stronger financial controls
Provides seamless integration between HR, Finance, and IT departments

What is Airbase

Airbase is a cloud-based spend management platform that has been acquired by Paylocity, a leading provider of HR and payroll software solutions. The platform serves as a comprehensive financial management system that unifies payroll and non-payroll spending controls, providing organizations with real-time visibility into their financial operations. By integrating with Paylocity's Human Capital Management (HCM) platform, Airbase enables companies to manage all aspects of their spending through a single, unified system, delivering enhanced planning capabilities and stronger financial controls across the organization.

Key Features

Unified Spend Management: Combines payroll and non-payroll expenses in a single platform, eliminating the need for multiple systems and providing a holistic view of organizational spending.
Real-Time Financial Visibility: Offers instant access to spending data and financial metrics, enabling faster decision-making and better budget control.
Cross-Department Integration: Seamlessly connects HR, Finance, and IT departments through a unified platform, improving collaboration and data consistency.
Automated Financial Controls: Implements robust approval workflows and spending policies to ensure compliance and reduce financial risk.
Interactive Product Tours: Provides hands-on demo experiences that allow users to explore different modules and functionalities before implementation.

Who is Airbase for?

Finance Teams seeking comprehensive spend management solutions
CFOs and Financial Controllers requiring real-time visibility into company spending
HR Departments looking for integrated payroll and expense management
Mid-to-Large Enterprises needing unified financial control systems
Companies already using Paylocity's HCM platform
Organizations seeking to consolidate their financial tech stack

Key Use Cases & Applications

Consolidating payroll and accounts payable processes into a unified workflow
Implementing company-wide spending policies and approval hierarchies
Generating real-time financial reports for board meetings and stakeholder updates
Managing vendor relationships and payment processing through a centralized system
Automating expense reimbursements and employee spending requests
Creating audit trails for compliance and financial governance requirements

Pros

Seamless integration with Paylocity's established HCM platform provides a comprehensive workforce and financial management solution
Single system approach eliminates data silos between payroll and non-payroll expenses
Strong backing from Paylocity ensures continued innovation and resource availability
Interactive product tours allow thorough evaluation before commitment
Established customer base with over 6,000 finance professionals in the community

Cons

Recent acquisition may lead to product transitions and potential feature changes during integration
Limited standalone functionality as the platform is being integrated into Paylocity's ecosystem
No pricing information available on the website
May require existing Paylocity subscription for full functionality
Potential learning curve for users familiar with the previous standalone Airbase platform

Pricing Info

Pricing is not publicly available. You need to contact them.

FAQs

What happens to existing Airbase customers after the Paylocity acquisition?

Existing Airbase clients will continue working with their trusted contacts and can expect enhanced value through the integration with Paylocity's resources. The commitment to service, security, and innovation remains unchanged, with additional capabilities being added through the Paylocity platform.

Can Airbase be used independently of Paylocity's HCM platform?

While specific details aren't provided, the acquisition suggests that Airbase's capabilities are being integrated into Paylocity's ecosystem. Prospective customers should contact Paylocity directly to understand standalone options or integration requirements.

What types of spending can be managed through the Airbase platform?

Airbase manages both payroll and non-payroll spending, including accounts payable, expense management, vendor payments, and employee reimbursements, all through a single unified system.

Is there a community or support network for Airbase users?

Yes, through the 'Off the Ledger' community, users can connect with over 6,000 finance professionals. This provides networking opportunities, best practices sharing, and peer support for platform users.

How can I explore Airbase's features before making a decision?

Airbase offers interactive product tours that allow you to test-drive the platform. You can select specific modules to explore and follow guided flows to understand the functionality before committing to the platform.

Still have questions? We're here to help!