Breaking News in Finance: 90% of Teams Still Stuck in Spreadsheet Era Our 2025 State of Spend Management report reveals a shocking truth - despite fintech advances, most finance teams are trapped in manual processes. Key findings: - 90% rely on spreadsheets - 75% use manual spend management - Potential for 75% efficiency gains through automation Featuring expert insights from Julie Jin at Abacum, Dimitri Raziev at Kolleno, Roy Hefer at TravelPerk, and Zviki Shimon at Datarails, sharing their digital transformation journey. Download the full report to unlock your team's potential: https://lnkd.in/dqD6Tahi
PayEm
Financial Services
New York, New York 11,347 followers
Your Path to Transparent, Efficient, and Empowered Finances
About us
PayEm redefines spend management by prioritizing a user-centric approach for both finance professionals and non-finance employees. Our focus is on delivering an intuitive and accessible experience for all users. The platform offers self-serve customizable tools for finance teams, starting with tailored request forms that adapt to dynamic logic. Admins can create flexible approval workflows backed by a transparent audit trail. Budget owners gain real-time visibility with data directly from the ERP to approve or disapprove requests, while AI-powered invoice processing increases accuracy and reduces manual work for finance teams. PayEm empowers employees to create purchase orders and take ownership of budgets, reducing the finance team's workload and making it an essential solution for businesses seeking streamlined, transparent, and efficient financial management.
- Website
-
http://www.payem.co
External link for PayEm
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2019
Locations
-
Primary
1501 Broadway
12th floor
New York, New York 10036, US
Employees at PayEm
Updates
-
Join us on December 4th for a free CPE webinar with Chris Ortega and Chris Wallace to explore why 90% of finance teams remain spreadsheet-bound despite fintech's promise and discover practical paths to digital transformation success. Register now: https://lnkd.in/dZ5Jce5y
-
Finance leaders - are you ready for the future? Our latest research shows the game-changing potential of AI and automation in finance. Imagine cutting manual work by 75% while gaining unprecedented spend visibility. Get the report now: https://lnkd.in/dqD6Tahi
-
Our latest research was featured in The Fintech Times! Our comprehensive study on the state of finance technology revealed some eye-opening statistics that have caught the industry's attention: - 86% still rely on Excel for budgeting - 75% use manual reviews - Only 1.5% achieve high efficiency with AI This technology gap represents an enormous opportunity for growth in finance. The future belongs to those who can bridge traditional methods with modern solutions. Read the full coverage here: https://lnkd.in/dZy3XdYM
-
Our CEO, Itamar Jobani, participated in a fascinating panel discussion exploring the intersection of fintech and artificial intelligence. The conversation focused on industry challenges and opportunities, future fintech trends, and regulatory impact on the industry. The panel provided valuable insights into the future of fintech and AI technology integration in the coming years. Fusion VC Deloitte Catalyst Google for Startups Israel
-
Despite rapid fintech advancement, 90% of finance teams remain tethered to spreadsheets for core processes. Why? Join finance leaders Chris Ortega, Chris Wallace, and Liz Briggson, CPA, for an actionable CPE webinar on: - Real barriers holding teams back from digital transformation - Practical strategies to overcome change resistance - Steps to evaluate and implement modern financial solutions - ROI of moving beyond spreadsheets Reserve your spot: https://lnkd.in/dZ5Jce5y
-
We're proud to be included in "Future Forward: Israel's AI Expansion Blueprint," - a landmark report by Deloitte Catalyst, F2 Venture Capital, and Google Cloud mapping Israel's thriving AI ecosystem. The report showcases companies driving innovation in Israel's emerging position as a global AI leader. View the AI Landscape Map and full report: https://lnkd.in/deV8UYTu
-
PayEm reposted this
I'll be speaking at an upcoming fintech event with Fusion VC, Deloitte Catalyst, and Google for Startups Israel. We'll cover the latest trends and developments in the industry, featuring insights from top VC investors, founders, and experts. It's a chance to connect with key players in the fintech space. RSVP here: https://lnkd.in/dkZR6HiM
-
In an era where fintech solutions are revolutionizing financial operations, nearly 90% of finance professionals still cling to spreadsheets for critical tasks like budgeting and forecasting. Join us for a live CPE webinar to discuss the key barriers to adoption, from integration challenges to change resistance, and provide actionable strategies for successful digital transformation in finance. Reserve your spot: https://lnkd.in/dZ5Jce5y Chris Ortega Chris Wallace Liz Briggson, CPA