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PayEm

FOUNDED : 2019

LOCATION : Middle East, Israel

TEAM SIZE : 51-200

SOLUTION MATURITY : Scaleup

FUNDING ROUND : Series A

TOTAL FUNDING RAISED ($m) : $27

Core functionality
P2P: P-Cards / Spend Management)
Additional functionality
P2P: Accounts Payable Automation
Source / Procure-to-Pay (S2P and P2P)
Description

PayEm is a global spend management and procurement platform. From request to reconciliation, it manages, automates and connects finance processes for company spend in one place, giving finance teams total visibility and control.

PayEm’s platform was built for multinational operations, offering solutions including spend management, corporate cards, reimbursement, fund requests, bill payments and AP automation. It automates approval flows, giving individuals and teams within global organisations the ability to manage non-payroll spend as needed while safeguarding budget.

The platform enables you to schedule and send payments to anywhere in the world, in any currency, then auto-categorise and sync with your ERP. It allows every subsidiary to have financial and accounting autonomy while enabling holistic processes at the global level.

PayEm uniquely offers its customers flexible payment options, including a credit line, giving finance teams both flexibility and control. You can also send funds to over 200 territories in 130 different currencies in just one click.

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