Former Spenmo executives introduced the launch a brand new enterprise, Summit, to focus on spend administration for small to mid-sized firms.
Led by CEO Jo-Ann Chung, CTO Isaq Ahmed, and CFO Jim Goudie, Summit is backed by International Founders Capital and Perception Companions.
Summit goals to handle frequent ache factors in finance administration by modernising and automating accounts payable and worker expense claims processes.
The platform reportedly supplies higher visibility and management over enterprise spending, considerably decreasing accounts payable processing time by as much as 75%.
Summit’s platform gives a real-time, centralised view of data, enabling environment friendly audit and reconciliation of vendor invoices and employees claims.
The agency’s intuitive interfaces and sensible automation instruments streamlines bill processing and worker claims, leveraging superior algorithms and machine studying for actionable insights.
The platform contains vendor bill administration and worker expense administration merchandise.
Jo-Ann
“With Summit, we’ve taken nice effort to design our platform to suit and complement a finance groups’ workflow necessities and lighten their workload by eradicating repetitive guide duties corresponding to knowledge entry, standing monitoring, data retrieval and high quality checking.
With sensible, subtle, and user-friendly instruments, finance managers can anticipate to save lots of precious time and determine alternatives to additional scale back working prices.”
stated Jo-Ann, CEO of Summit.
Featured picture: From left to proper: Isaq Ahmed (CTO), Jo-Ann Chung (CEO), Jim Goudie (CFO)
