Spend Matters Names Airbase by Paylocity #1 Expense Management Solution for SMEs

Core Insights - Paylocity's Airbase has been recognized as the 1 Expense Management Solution for SMEs in the Spend Matters Spring 2025 SolutionMap, emphasizing its commitment to providing top-tier expense management capabilities for businesses with revenues under $100 million [1][2] Company Overview - Paylocity, headquartered in Schaumburg, IL, is a cloud-based provider of HR, payroll, and spend management software solutions, founded in 1997 and publicly traded since 2014 [5] - The company is known for its user-friendly product suite that automates HR and payroll processes, helping businesses attract and retain talent while fostering a positive workplace culture [5] Product Features - Airbase by Paylocity utilizes a combination of rules, machine learning, and generative AI to automate expense management, significantly reducing the need for manual expense report creation [3] - The system captures, categorizes, and populates expense details in real-time, enhancing efficiency and reducing administrative burdens for SMEs [3] Market Context - The recognition from Spend Matters follows a comprehensive evaluation process, including technical assessments and product demonstrations, validating Airbase by Paylocity's leadership in modernizing expense management for SMEs [3] - The procurement and finance technology landscape is becoming increasingly complex, with higher stakes for tech investments as organizations seek rapid savings and ROI [4]