Spenmo Features
What are the features of Spenmo?
Expense Reports
- Bank / Credit Card Integration
- Employee Reimbursement
Client Invoicing
- Electronic Payments
Administration
- Workflow
- User, Role, and Access Management
Platform
- Reporting
- Mobile User Support
Setup
- Data
- Approvals
Payment Cards
- One-time Virtual
- Recurring Virtual
Reporting
- Real time
- Export
Payments
- Employee Reimbursements
Fraud & Risk Management
- Unique Cards
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Technology Glossary Features
View definitions of the features and discover new technology terms.
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Expense Reports
Ease of Creating Expense Reports | Creation of expense reports takes little time and is intuitive for new users This feature was mentioned in 11 Spenmo reviews. | 83% (Based on 11 reviews) | |
Bank / Credit Card Integration | Based on 12 Spenmo reviews. Can easily pull in receipts from all credit card statements | 76% (Based on 12 reviews) | |
Smart Categorization | Automatically assigns categories/accounts based on past entries and credit card statements 11 reviewers of Spenmo have provided feedback on this feature. | 74% (Based on 11 reviews) | |
Digital Receipt Management | 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. 11 reviewers of Spenmo have provided feedback on this feature. | 74% (Based on 11 reviews) | |
Employee Reimbursement | Based on 13 Spenmo reviews. Functionality to reimburse employees directly to their bank account or can easily integrate with payroll system | 83% (Based on 13 reviews) | |
Currency Conversions | Enables easy entry of expenses in other currencies and converts to expense report currency This feature was mentioned in 11 Spenmo reviews. | 79% (Based on 11 reviews) | |
Credit Card Integration | Based on 10 Spenmo reviews. Integrates with corporate or personal credit cards (import or bi-directional) | 82% (Based on 10 reviews) |
Travel Management
Ease of Booking | Can book Flights, Hotels, and Rental cars directly from software. | Not enough data | |
Itinerary Management | Creates travel itineraries based on booking | Not enough data | |
Trip Notifications | Integrates to calendaring systems and/or provides notifications of upcoming flights, hotels, rental cars, etc. | Not enough data | |
Advanced Integrations | Allows advanced integrations to travel systems like Uber, airline ticketing systems, hotels, etc. | Not enough data |
Client Invoicing
Invoice Creation and Delivery | Ability to create and send printable or electronic invoices. Includes standard invoice style library that can be customized/branded. | Not enough data | |
Electronic Payments | Accepts electronic payments from clients This feature was mentioned in 15 Spenmo reviews. | 89% (Based on 15 reviews) | |
Project Accounting / Revenue Recognition | Provides adequate reporting and/or can integrate to AP systems to recognize revenue appropriately | Not enough data |
Mobile
Receipt Capture | As reported in 10 Spenmo reviews. Can easily capture receipts, parse receipts and convert/assign them to a report from mobile device | 80% (Based on 10 reviews) | |
Mileage Tracking | See feature definition | Allows users to track mileage from mobile device using maps or GPS. | Not enough data |
Travel Itinerary and Flight Status Updates | Mobile application can store travel itineraries, electronic documents, and updates user of travel delays/changes | Not enough data |
Administration
Business Tool Integration | Provides standard connectors for popular Finance, Payroll, HRMS and CRM systems | Not enough data | |
Workflow | As reported in 12 Spenmo reviews. Routes Timesheets, Invoices, Expense reports through approval process. Easy to maintain and administer | 68% (Based on 12 reviews) | |
Automated Reminders | Sends automatic reminders to employees that have not completed expenses reports and/or timesheets | Not enough data | |
Policy Compliance Management | See feature definition | Enables administrators to create rules that enforce compliances of corporate time and expense policies | Not enough data |
User, Role, and Access Management | Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. 13 reviewers of Spenmo have provided feedback on this feature. | 82% (Based on 13 reviews) | |
PCI Regulation Compliant | Complies with PCI security standards | Not enough data |
Platform
Reporting | As reported in 12 Spenmo reviews. Access pre-built and custom reports and dashboards. | 82% (Based on 12 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. | Not enough data | |
Internationalization | Enables users to view and transact business with the same content in multiple languages and currencies. | Not enough data | |
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. | 83% (Based on 12 reviews) | |
Mobile User Support | Allows software to be easily used on multiple mobile devices include phone and tablet devices. This feature was mentioned in 12 Spenmo reviews. | 75% (Based on 12 reviews) | |
Offline | Provides users ability to create and access expense reports/timesheets while not connected to internet. | Not enough data | |
Embedded AI / Machine Learning | Offers embedded AI/machine learning | Not enough data | |
Complex Approval Workflow | Provides workflow for complex approval structures | Not enough data |
Setup
Data | Based on 12 Spenmo reviews. Consolidates procurement data from multiple systems such as ERP systems and supply chain suites. | 89% (Based on 12 reviews) | |
Approvals | Define rules and workflows that managers can use to approve different kinds of spending. 16 reviewers of Spenmo have provided feedback on this feature. | 85% (Based on 16 reviews) | |
Alignment | Align spending across various departments such as procurement and accounting. This feature was mentioned in 11 Spenmo reviews. | 85% (Based on 11 reviews) |
Performance
KPIs | Provide standard spend KPIs that can be customized by users. | Not enough data | |
Benchmarks | Use historical spend data to create benchmarks per company or department. | Not enough data | |
Forecasting | Provide forecasts on future trends that may impact spending performance. | Not enough data | |
Savings | Identify savings opportunities per activity, department, or at the company level. | Not enough data |
Transactions
Types | Manage various transaction types such as cash collection or prepaid cards. | Not enough data | |
Global | Support multiple currencies, multiple countries, and multiple languages. | Not enough data | |
Channels | Provide features for money transfer online and on mobile devices. | Not enough data | |
Fees | Track and manage fees for different types of transactions. | Not enough data |
Compliance
Security | Comply with security and privacy standards and regulations. | Not enough data | |
Fraud Protection | Include fraud protection features for all types of transactions. | Not enough data | |
ID Verification | Checks remitters' ID and information such as address at registration. | Not enough data |
Integration
Accounting | Provide integration with accounting systems or deliver APIs for integration. | Not enough data | |
Foreign Exchange | Integrate with foreign exchange software for international transactions. | Not enough data | |
AML & KYC | Deliver features or accreditation or Anti-money laundering and Know your customer. | Not enough data | |
Accounting | Provide integration with accounting and financial management software | Not enough data | |
Payment Integration | Integrate with payment gateways and enterprise payments software | Not enough data | |
ERP | Deliver integrations with accounting modules of ERP systems | Not enough data | |
Accounting | Provide integration with accounting and financial management software | Not enough data | |
Payments | Integrate with payment gateways and enterprise payments software | Not enough data | |
ERP | Deliver integrations with accounting modules of ERP systems | Not enough data | |
Account Sync | Sync with company accounts to transfer payments for approved invoices | Not enough data |
Invoice Management
Capture | Provide features to capture invoices such as import or scanning | Not enough data | |
Supplier Portal | Allow suppliers to submit invoices using an online portal | Not enough data | |
Repository | Deliver a central repository of AP documents, such as POs and invoices | Not enough data |
Invoice Processing
Matching | Ability to match AP invoices to POs, contracts, or payments | Not enough data | |
Payments | Identify incomplete or late supplier payments | Not enough data | |
Workflows | Include workflows for approvals and invoice processing | Not enough data | |
Tax Compliance | Comply with local and global tax regulations for collections | Not enough data | |
Approvals | Include workflows for approvals of invoices or payments | Not enough data | |
Batch Processing | Process multiple invoices without human intervention | Not enough data | |
Consolidation | Allow users to consolidate multiple invoices into one | Not enough data | |
Match Invoices | Match invoices with purchases and sales orders, as well as with payments | Not enough data |
Analytics
Due Dates | Track invoices based on due dates to identify overdue payments | Not enough data | |
Benchmarking | Ability to compare AP automation metrics with other companies | Not enough data | |
KPIs | Monitor KPIs such as time to process an invoice or erroneous payments | Not enough data | |
Due Dates | Track invoices based on due dates to identify overdue payments | Not enough data | |
Cashflow | Analyze variations between incoming and outgoing cash | Not enough data | |
KPIs | Monitor KPIs such as time to process an invoice or erroneous payments | Not enough data | |
Payment Tracking | Track different types of payment such as deposits or partial payments | Not enough data |
Invoice Generation
Templates | Provide standard invoice templates that can be customized by users | Not enough data | |
Digital Invoices | Ability to convert invoices to digital formats such as PDF | Not enough data | |
Recurring Invoices | Automatically generates invoices at pre-defined time intervals | Not enough data |
Risk
Analysis | Reduces future risks through root cause analysis and process improvement | Not enough data | |
Identification | Reduces frequency of errors, identifies risk and improves efficiency | Not enough data | |
Scoring | Scores suppliers and employees based on risk factors | Not enough data |
Recovery
Recoup | Identifies and recoups funds and prevents errors from happening again | Not enough data | |
Reporting | Offers reporting to aid in minimizing future lost profits and process breakdown | Not enough data |
Audit
Filters | Includes a library of audit-tested filters to identify AP outliers that are outside company policy | Not enough data | |
Post Audits | Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims | Not enough data | |
Overpayments | Detects and prevents a wide range of overpayment errors | Not enough data | |
Duplicates | Detects and prevents a wide range of duplicate payments | Not enough data |
Fraud
Vendor Checks | Enables automatic checks of new vendors being set up in the system to combat potential billing schemes | Not enough data | |
Data Generation | Generates comprehensive data needed to conduct a thorough investigation | Not enough data | |
Monitoring | Provides continuous, proactive fraud monitoring across multiple systems and data formats | Not enough data |
Payment Cards
One-time Virtual | Based on 15 Spenmo reviews. Online credit card number that can be instantly sent to employees and used for secure, one-time purchases | 91% (Based on 15 reviews) | |
Recurring Virtual | Online credit card number that can be instantly sent to employees and used for secure, recurring payments, such as subscriptions or services 13 reviewers of Spenmo have provided feedback on this feature. | 86% (Based on 13 reviews) | |
Physical | As reported in 11 Spenmo reviews. Physical credit cards used by employees for various expenses that allow management to monitor spending and budgets | 85% (Based on 11 reviews) |
Reporting
Real time | Report on spend transactions as they happen in real time This feature was mentioned in 14 Spenmo reviews. | 90% (Based on 14 reviews) | |
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. | 87% (Based on 10 reviews) | |
Export | The ability to export reports in various formats, such as excel, CSV, and Google Sheets 12 reviewers of Spenmo have provided feedback on this feature. | 86% (Based on 12 reviews) | |
Budgets | Report on and track spending against budgets This feature was mentioned in 10 Spenmo reviews. | 83% (Based on 10 reviews) |
Payments
Vendor | As reported in 11 Spenmo reviews. Pay vendors through a dashboard or portal and maintain vendor payment information | 83% (Based on 11 reviews) | |
Recurring | Manage and execute recurring payments, such as subscriptions, services, utilities, etc. This feature was mentioned in 10 Spenmo reviews. | 82% (Based on 10 reviews) | |
Employee Reimbursements | Based on 14 Spenmo reviews. Reimburse an employee for all necessary expenditures or losses incurred by the employee within the employee's scope of employment | 93% (Based on 14 reviews) | |
ACH | Allows for the electronic transfer of funds between banks | Not enough data |
Fraud & Risk Management
Notifications | As reported in 10 Spenmo reviews. Real-time notifications for fraudulant and/or duplicate spending | 83% (Based on 10 reviews) | |
Unique Cards | Based on 14 Spenmo reviews. Individual, unique cards for each vendor to help manage duplicate and overpayments | 93% (Based on 14 reviews) | |
Controls | Control spend limits, expiration dates, and lock and unlock stolen or lost cards This feature was mentioned in 11 Spenmo reviews. | 91% (Based on 11 reviews) |
