[{"data":1,"prerenderedAt":3868},["ShallowReactive",2],{"en-blog/accounts-receivable-software-tools":3,"en-global-content":1092,"en-article-global-content":2517,"en-blog-article-more-articles-1ea23fbc-cf76-421e-a8c6-73b89787bb95":2779,"en-blog-article-more-articles-374709880":3863},{"name":4,"created_at":5,"published_at":6,"updated_at":7,"id":8,"uuid":9,"content":10,"slug":1080,"full_slug":1081,"sort_by_date":53,"position":1082,"tag_list":1083,"is_startpage":27,"parent_id":1084,"meta_data":53,"group_id":1085,"first_published_at":1086,"release_id":53,"lang":71,"path":53,"alternates":1087,"default_full_slug":1081,"translated_slugs":1088},"6 accounts receivable software tools for smarter billing","2023-09-22T06:44:35.934Z","2026-03-12T10:47:28.150Z","2026-03-12T10:47:58.535Z",374709880,"0ea64fc8-11f8-4e32-b961-84d08cd31a8b",{"_uid":11,"roles":12,"title":13,"author":14,"topics":80,"content":102,"noIndex":27,"category":966,"language":991,"component":979,"heroMedia":994,"sidebarCta":1002,"publishedAt":1003,"readingTime":1004,"redirectUrl":25,"listingImage":1005,"metaDescription":1011,"componentsAfterTheArticle":1012},"07e10edb-2c49-4acc-b0a0-df42c2bd753e",[],"6 accounts receivable software tools for smarter billing in 2025",{"name":15,"created_at":16,"published_at":17,"updated_at":18,"id":19,"uuid":20,"content":21,"slug":64,"full_slug":65,"sort_by_date":53,"position":66,"tag_list":67,"is_startpage":27,"parent_id":68,"meta_data":53,"group_id":69,"first_published_at":70,"release_id":53,"lang":71,"path":53,"alternates":72,"default_full_slug":65,"translated_slugs":73,"_stopResolving":39},"Chris Dunne","2024-11-25T19:47:17.907Z","2026-03-12T10:47:18.012Z","2026-03-12T10:48:04.132Z",584506034,"ced1d806-6e64-42d6-8b0f-d708ebbdbbfa",{"_uid":22,"links":23,"picture":40,"lastName":44,"component":45,"firstName":46,"description":47},"88e4340f-e2bc-42fe-a8f0-79dafdd55f97",[24],{"tag":25,"_uid":26,"hide":27,"icon":28,"link":33,"type":25,"label":25,"style":37,"component":38,"mobileLabel":25,"onClickEvent":25,"openInANewTab":39,"horizontalFill":27},"","74ed5df6-6607-44c9-8870-23a2db0b8f4a",false,{"id":29,"alt":25,"name":25,"focus":25,"title":25,"source":25,"filename":30,"copyright":25,"fieldtype":31,"meta_data":32,"is_external_url":27},4129791,"https://a.storyblok.com/f/146026/x/315bd7d0c7/ic_linkedin.svg","asset",{},{"id":25,"url":34,"linktype":35,"fieldtype":36,"cached_url":34},"https://www.linkedin.com/in/chrisdunne4/","url","multilink","primary","cta",true,{"id":41,"alt":25,"name":25,"focus":25,"title":25,"source":25,"filename":42,"copyright":25,"fieldtype":31,"meta_data":43,"is_external_url":27},18695910,"https://a.storyblok.com/f/146026/349x349/9150c24a43/chris-dunne.jpg",{},"Dunne","author","Chris",{"type":48,"content":49},"doc",[50],{"type":51,"attrs":52,"content":55},"paragraph",{"textAlign":53,"key":54},null,"p-0",[56],{"text":57,"type":58,"marks":59},"Chris Dunne is our Senior Content Marketing Manager. Based in Derry, he brings over 15 years of marketing experience to our content strategy. Outside of work, Chris loves spending time with his two young children, playing football, and exploring Ireland. ","text",[60],{"type":61,"attrs":62},"textStyle",{"color":63},"#3D3929","chris-dunne","blog/author/chris-dunne",-1150,[],176408854,"62a23d5f-cd56-4dee-91e3-5642f66fa78c","2024-11-25T20:08:58.249Z","default",[],[74,76,78],{"path":65,"name":53,"lang":75,"published":53},"fr",{"path":65,"name":53,"lang":77,"published":53},"de",{"path":65,"name":53,"lang":79,"published":53},"es",[81],{"name":82,"created_at":83,"published_at":17,"updated_at":84,"id":85,"uuid":86,"content":87,"slug":90,"full_slug":91,"sort_by_date":53,"position":92,"tag_list":93,"is_startpage":27,"parent_id":94,"meta_data":53,"group_id":95,"first_published_at":96,"release_id":53,"lang":71,"path":53,"alternates":97,"default_full_slug":91,"translated_slugs":98,"_stopResolving":39},"Finance tools & tech","2022-10-23T14:54:45.602Z","2026-03-12T10:47:24.227Z",208013309,"1ea23fbc-cf76-421e-a8c6-73b89787bb95",{"_uid":88,"name":82,"component":89,"hubspotId":25},"3f4c451e-8e90-42af-8ab4-49c7a12230b6","tag","finance-tools-tech","blog/topic/finance-tools-tech",-550,[],176456153,"fb813b9f-0756-465f-92a3-1598217d5c5c","2022-11-02T15:24:38.734Z",[],[99,100,101],{"path":91,"name":53,"lang":75,"published":53},{"path":91,"name":53,"lang":77,"published":53},{"path":91,"name":53,"lang":79,"published":53},{"type":48,"content":103},[104,112,119,167,174,181,190,200,207,214,222,243,250,257,265,277,297,301,308,318,338,345,355,383,391,399,407,421,429,444,451,461,468,506,514,525,532,546,554,566,570,590,594,602,606,620,625,635,639,644,684,689,697,702,712,716,720,746,750,758,762,770,778,804,811,831,838,881,888,899,906,917,925,932,939,943,960],{"type":51,"content":105},[106],{"text":107,"type":58,"marks":108},"Cash flow and management are critical considerations for companies, especially during lean times. When every pound counts, your ability to get paid on time, manage late or missing payments, and identify churn risks has an enormous impact.",[109],{"type":61,"attrs":110},{"color":111},"rgb(0, 0, 0)",{"type":51,"content":113},[114],{"text":115,"type":58,"marks":116},"That’s accounts receivable in a nutshell: getting paid on time, in full, and (hopefully) on an ongoing basis.",[117],{"type":61,"attrs":118},{"color":111},{"type":51,"content":120},[121,126,143,148,162],{"text":122,"type":58,"marks":123},"This used to be complex, with large collections teams – or stressed salespeople - ",[124],{"type":61,"attrs":125},{"color":111},{"text":127,"type":58,"marks":128},"endlessly chasing payments",[129,141],{"type":130,"attrs":131},"link",{"href":132,"uuid":133,"anchor":53,"target":134,"linktype":135,"story":136},"/blog/payment-delays","47b75fef-d05c-4623-8af7-526f363d88fc","_self","story",{"name":137,"id":138,"uuid":133,"slug":139,"url":140,"full_slug":140,"_stopResolving":39},"7 ways to avoid costly payment delays",213437472,"payment-delays","blog/payment-delays",{"type":61,"attrs":142},{"color":111},{"text":144,"type":58,"marks":145},". Today, much of the work can be ",[146],{"type":61,"attrs":147},{"color":111},{"text":149,"type":58,"marks":150},"easily automated",[151,160],{"type":130,"attrs":152},{"href":153,"uuid":154,"anchor":53,"target":134,"linktype":135,"story":155},"/blog/business-automation-finance-processes","3a270061-6112-4457-a772-832112813f43",{"name":156,"id":157,"uuid":154,"slug":158,"url":159,"full_slug":159,"_stopResolving":39},"Finance automation: 6 key business processes to automate in 2025",208735205,"finance-automation","blog/finance-automation",{"type":61,"attrs":161},{"color":111},{"text":163,"type":58,"marks":164},". Which means more money coming in when you need it, with far less effort.",[165],{"type":61,"attrs":166},{"color":111},{"type":51,"content":168},[169],{"text":170,"type":58,"marks":171},"This article introduces six of the best tools for this task, as recommended by CFOs and finance leaders in our survey.",[172],{"type":61,"attrs":173},{"color":111},{"type":51,"content":175},[176],{"text":177,"type":58,"marks":178},"But first, we’d better start with a couple of definitions.",[179],{"type":61,"attrs":180},{"color":111},{"type":182,"attrs":183},"blok",{"id":184,"body":185},"7c53d9f3-b337-477e-8afe-56dfb92fe77d",[186],{"_uid":187,"html":188,"component":189},"i-069f8af9-81fd-43e3-9e8a-08a7c3810113","\u003C!--HubSpot Call-to-Action Code -->\u003Cspan class=\"hs-cta-wrapper\" id=\"hs-cta-wrapper-37e146ea-8f72-40ab-87b2-85ab3c5466b2\">\u003Cspan class=\"hs-cta-node hs-cta-37e146ea-8f72-40ab-87b2-85ab3c5466b2\" id=\"hs-cta-37e146ea-8f72-40ab-87b2-85ab3c5466b2\">\u003C!--[if lte IE 8]>\u003Cdiv id=\"hs-cta-ie-element\">\u003C/div>\u003C![endif]-->\u003Ca href=\"https://cta-redirect.hubspot.com/cta/redirect/2694209/37e146ea-8f72-40ab-87b2-85ab3c5466b2\" >\u003Cimg class=\"hs-cta-img\" id=\"hs-cta-img-37e146ea-8f72-40ab-87b2-85ab3c5466b2\" style=\"border-width:0px;\" src=\"https://no-cache.hubspot.com/cta/default/2694209/37e146ea-8f72-40ab-87b2-85ab3c5466b2.png\"  alt=\"New call-to-action\"/>\u003C/a>\u003C/span>\u003Cscript charset=\"utf-8\" src=\"https://js.hscta.net/cta/current.js\">\u003C/script>\u003Cscript type=\"text/javascript\"> hbspt.cta.load(2694209, '37e146ea-8f72-40ab-87b2-85ab3c5466b2', {\"useNewLoader\":\"true\",\"region\":\"na1\"}); \u003C/script>\u003C/span>\u003C!-- end HubSpot Call-to-Action Code -->","embed",{"type":191,"attrs":192,"content":194},"heading",{"level":193},2,[195],{"text":196,"type":58,"marks":197},"What are accounts receivable?",[198],{"type":61,"attrs":199},{"color":111},{"type":51,"content":201},[202],{"text":203,"type":58,"marks":204},"Accounts receivable (AR) is the collective term for money owed to you by customers (or other debtors). It’s also commonly referred to as billing. And it’s obviously crucial to company success – if you can’t effectively receive payment for your goods or services, your business won’t last very long. ",[205],{"type":61,"attrs":206},{"color":111},{"type":51,"content":208},[209],{"text":210,"type":58,"marks":211},"AR goes on the balance sheet as an asset. Even if the money isn’t in your bank accounts yet, it will be soon enough. ",[212],{"type":61,"attrs":213},{"color":111},{"type":191,"attrs":215,"content":216},{"level":193},[217],{"text":218,"type":58,"marks":219},"What is a billing or AR tool? ",[220],{"type":61,"attrs":221},{"color":111},{"type":51,"content":223},[224,229,238],{"text":225,"type":58,"marks":226},"AR software helps to manage the billing cycle by automating the payment process, or by shortening the length of time you need to wait for payment. When cash flows in seamlessly without delay, you can deploy ",[227],{"type":61,"attrs":228},{"color":111},{"text":230,"type":58,"marks":231},"working capital",[232,236],{"type":130,"attrs":233},{"href":234,"uuid":53,"anchor":53,"target":235,"linktype":35},"https://www.mimohq.com/article/6-ways-to-make-working-capital-work-for-your-small-business","_blank",{"type":61,"attrs":237},{"color":111},{"text":239,"type":58,"marks":240}," where you need it most. ",[241],{"type":61,"attrs":242},{"color":111},{"type":51,"content":244},[245],{"text":246,"type":58,"marks":247},"Just as vitally, you won’t have finance and sales team members chasing unpaid invoices. ",[248],{"type":61,"attrs":249},{"color":111},{"type":51,"content":251},[252],{"text":253,"type":58,"marks":254},"The recommendations in this list include classic billing tools that let customers pay instantly and tools that help you manage outstanding payments and receive what’s owed. ",[255],{"type":61,"attrs":256},{"color":111},{"type":191,"attrs":258,"content":259},{"level":193},[260],{"text":261,"type":58,"marks":262},"Finance experts’ eight favourite accounts receivable software",[263],{"type":61,"attrs":264},{"color":111},{"type":182,"attrs":266},{"id":267,"body":268},"a5a89063-7dfe-4341-a357-e600f403c120",[269],{"_uid":270,"type":25,"asset":271,"caption":25,"overlay":275,"component":276},"i-e34f1ecc-0b21-4fe9-a5a2-ec0f113eeea5",{"id":272,"alt":25,"name":25,"focus":25,"title":25,"source":25,"filename":273,"copyright":25,"fieldtype":31,"meta_data":274,"is_external_url":27},21988056,"https://a.storyblok.com/f/146026/1200x800/3736b26748/direct-vs-indirect-spend.jpg",{},[],"image",{"type":51,"content":278},[279,284,292],{"text":280,"type":58,"marks":281},"This list comes from a survey of 155 experts from the ",[282],{"type":61,"attrs":283},{"color":111},{"text":285,"type":58,"marks":286},"CFO Connect community",[287,290],{"type":130,"attrs":288},{"href":289,"uuid":53,"anchor":53,"target":235,"linktype":35},"https://www.cfoconnect.eu/en/",{"type":61,"attrs":291},{"color":111},{"text":293,"type":58,"marks":294},". The vast majority are CFOs, VPs, or Heads of Finance. For them, the value in a tool comes from efficiency gains and the freedom it offers to their team members. ",[295],{"type":61,"attrs":296},{"color":111},{"type":51,"content":298},[299],{"text":300,"type":58},"Stripe and Chargebee continue to be the most popular billing platforms among survey respondents, while we see several new additions to the list this year, including BILL, Kolleno, and Adyen.",{"type":51,"content":302},[303],{"text":304,"type":58,"marks":305},"Here’s what they recommend. ",[306],{"type":61,"attrs":307},{"color":111},{"type":191,"attrs":309,"content":311},{"level":310},3,[312],{"text":313,"type":58,"marks":314},"1. Stripe ",[315],{"type":61,"attrs":316},{"color":317},"rgb(67, 67, 67)",{"type":51,"content":319},[320,325,333],{"text":321,"type":58,"marks":322},"Hugely popular with founders and finance teams, ",[323],{"type":61,"attrs":324},{"color":111},{"text":326,"type":58,"marks":327},"Stripe",[328,331],{"type":130,"attrs":329},{"href":330,"uuid":53,"anchor":53,"target":134,"linktype":35},"https://stripe.com/en-fr",{"type":61,"attrs":332},{"color":111},{"text":334,"type":58,"marks":335}," is the market-leading payment portal for modern companies – B2C in particular. Its API provides flexibility and lets you control how you bill your customers. ",[336],{"type":61,"attrs":337},{"color":111},{"type":51,"content":339},[340],{"text":341,"type":58,"marks":342},"Stripe integrates with your current CRM, ERP, or accounting software for a flexible and quick billing solution. It’s considered one of the most versatile and robust billing solutions available. ",[343],{"type":61,"attrs":344},{"color":111},{"type":191,"attrs":346,"content":348},{"level":347},4,[349],{"text":350,"type":58,"marks":351},"Popular features",[352],{"type":61,"attrs":353},{"color":354},"rgb(102, 102, 102)",{"type":356,"content":357},"bullet_list",[358,365,371,377],{"type":359,"content":360},"list_item",[361],{"type":51,"content":362},[363],{"text":364,"type":58},"Simple APIs",{"type":359,"content":366},[367],{"type":51,"content":368},[369],{"text":370,"type":58},"No-code options",{"type":359,"content":372},[373],{"type":51,"content":374},[375],{"text":376,"type":58},"Powerful data & dashboards",{"type":359,"content":378},[379],{"type":51,"content":380},[381],{"text":382,"type":58},"ERP system integrations",{"type":191,"attrs":384,"content":385},{"level":347},[386],{"text":387,"type":58,"marks":388},"Best for ",[389],{"type":61,"attrs":390},{"color":354},{"type":356,"content":392},[393],{"type":359,"content":394},[395],{"type":51,"content":396},[397],{"text":398,"type":58},"Any company requiring online payments, but especially B2C businesses",{"type":191,"attrs":400,"content":401},{"level":347},[402],{"text":403,"type":58,"marks":404},"What survey respondents said",[405],{"type":61,"attrs":406},{"color":354},{"type":356,"content":408},[409,415],{"type":359,"content":410},[411],{"type":51,"content":412},[413],{"text":414,"type":58},"\"Ease of integration with ERP systems, reporting & analytics, recurring billings, customisations, and a wide range of payment options.\"",{"type":359,"content":416},[417],{"type":51,"content":418},[419],{"text":420,"type":58},"\"Reliable and easy to implement.\"",{"type":191,"attrs":422,"content":423},{"level":310},[424],{"text":425,"type":58,"marks":426},"2. Chargebee ",[427],{"type":61,"attrs":428},{"color":317},{"type":51,"content":430},[431,439],{"text":432,"type":58,"marks":433},"Chargebee",[434,437],{"type":130,"attrs":435},{"href":436,"uuid":53,"anchor":53,"target":134,"linktype":35},"https://www.chargebee.com/",{"type":61,"attrs":438},{"color":111},{"text":440,"type":58,"marks":441}," automates the billing and subscription management process for SaaS companies. The tool lets you set up payment gateways so that customers can pay quickly and easily – similar to Stripe. But its true value is in managing longer-term, recurring subscription payments. ",[442],{"type":61,"attrs":443},{"color":111},{"type":51,"content":445},[446],{"text":447,"type":58,"marks":448},"A popular feature is Chargebee Retention, which helps subscription businesses identify and reduce churn risks. It would normally require serious diligence and complex internal data to monitor at-risk accounts, but Chargebee’s tools help you spot them easily. ",[449],{"type":61,"attrs":450},{"color":111},{"type":51,"content":452},[453,455],{"text":454,"type":58},"The solution goes beyond billing to provide pricing optimisation, revenue recognition, customer retention, invoicing, taxes, and more.",{"text":456,"type":58,"marks":457}," Chargebee's specific focus on subscription revenue makes it the leading choice for many SaaS and software companies.",[458],{"type":61,"attrs":459},{"color":460},"#111418",{"type":191,"attrs":462,"content":463},{"level":347},[464],{"text":350,"type":58,"marks":465},[466],{"type":61,"attrs":467},{"color":354},{"type":356,"content":469},[470,476,482,488,494,500],{"type":359,"content":471},[472],{"type":51,"content":473},[474],{"text":475,"type":58},"Revenue recognition",{"type":359,"content":477},[478],{"type":51,"content":479},[480],{"text":481,"type":58},"Pricing & payment optimisation",{"type":359,"content":483},[484],{"type":51,"content":485},[486],{"text":487,"type":58},"Multi-currency and multi-language support",{"type":359,"content":489},[490],{"type":51,"content":491},[492],{"text":493,"type":58},"Customisable billing cycles",{"type":359,"content":495},[496],{"type":51,"content":497},[498],{"text":499,"type":58},"Dozens of subscription models",{"type":359,"content":501},[502],{"type":51,"content":503},[504],{"text":505,"type":58},"Good API",{"type":191,"attrs":507,"content":508},{"level":347},[509],{"text":510,"type":58,"marks":511},"Best for",[512],{"type":61,"attrs":513},{"color":354},{"type":356,"content":515},[516],{"type":359,"content":517},[518],{"type":51,"content":519},[520],{"text":521,"type":58,"marks":522},"SaaS and software companies ",[523],{"type":61,"attrs":524},{"color":111},{"type":191,"attrs":526,"content":527},{"level":347},[528],{"text":403,"type":58,"marks":529},[530],{"type":61,"attrs":531},{"color":354},{"type":356,"content":533},[534,540],{"type":359,"content":535},[536],{"type":51,"content":537},[538],{"text":539,"type":58},"\"Provides a complex range of possibilities.\"",{"type":359,"content":541},[542],{"type":51,"content":543},[544],{"text":545,"type":58},"\"Really intuitive for billing.\"",{"type":191,"attrs":547,"content":548},{"level":310},[549],{"text":550,"type":58,"marks":551},"3. BILL ",[552],{"type":61,"attrs":553},{"color":317},{"type":51,"content":555},[556,558,564],{"text":557,"type":58},"A new entrant on this list, ",{"text":559,"type":58,"marks":560},"BILL",[561],{"type":130,"attrs":562},{"href":563,"uuid":53,"anchor":53,"target":235,"linktype":35},"https://www.bill.com/",{"text":565,"type":58}," is a finance operations tool that handles accounts receivable and payable. As such, it's not a pure billing platform but rather a cash flow management system. It makes posting and collecting payments easy and effective, and due date reminders help you streamline recovery. Overall, it's a great fit for companies that want to manage AP and AR in one tool.",{"type":191,"attrs":567,"content":568},{"level":347},[569],{"text":350,"type":58},{"type":356,"content":571},[572,578,584],{"type":359,"content":573},[574],{"type":51,"content":575},[576],{"text":577,"type":58},"Due date reminders & payment tracking",{"type":359,"content":579},[580],{"type":51,"content":581},[582],{"text":583,"type":58},"Automated approval workflows",{"type":359,"content":585},[586],{"type":51,"content":587},[588],{"text":589,"type":58},"Payment reconciliation",{"type":191,"attrs":591,"content":592},{"level":347},[593],{"text":510,"type":58},{"type":356,"content":595},[596],{"type":359,"content":597},[598],{"type":51,"content":599},[600],{"text":601,"type":58},"Companies that want to manage accounts payable and receivable in one tool",{"type":191,"attrs":603,"content":604},{"level":347},[605],{"text":403,"type":58},{"type":356,"content":607},[608,614],{"type":359,"content":609},[610],{"type":51,"content":611},[612],{"text":613,"type":58},"\"Comes ready to use.\"",{"type":359,"content":615},[616],{"type":51,"content":617},[618],{"text":619,"type":58},"\"Always did the job for me in the past.\"",{"type":191,"attrs":621,"content":622},{"level":310},[623],{"text":624,"type":58},"4. Kolleno",{"type":51,"content":626},[627,633],{"text":628,"type":58,"marks":629},"Kolleno",[630],{"type":130,"attrs":631},{"href":632,"uuid":53,"anchor":53,"target":235,"linktype":35},"https://www.kolleno.com/",{"text":634,"type":58}," automates receivables, payables, and payment operations.",{"type":51,"content":636},[637],{"text":638,"type":58},"Customers report a 32% reduction in days sales outstanding and a 50% reduction in outstanding receivables. So as a cash flow and working capital management tool, Kolleno is a real asset. It’s known to be quick to set up, going live in 10-14 days.",{"type":191,"attrs":640,"content":641},{"level":347},[642],{"text":643,"type":58},"Popular features ",{"type":356,"content":645},[646,666,672,678],{"type":359,"content":647},[648],{"type":51,"content":649},[650,652,664],{"text":651,"type":58},"Invoice and ",{"text":653,"type":58,"marks":654},"payment matching",[655],{"type":130,"attrs":656},{"href":657,"uuid":658,"anchor":53,"target":134,"linktype":135,"story":659},"/blog/three-way-match-accounting","7ca2ae0f-e52d-429b-beeb-70e6b781020c",{"name":660,"id":661,"uuid":658,"slug":662,"url":663,"full_slug":663,"_stopResolving":39},"Three-way match accounting: mastering the invoicing process",208803053,"three-way-match-accounting","blog/three-way-match-accounting",{"text":665,"type":58}," ",{"type":359,"content":667},[668],{"type":51,"content":669},[670],{"text":671,"type":58},"Accounting and ERP integrations ",{"type":359,"content":673},[674],{"type":51,"content":675},[676],{"text":677,"type":58},"AI-enhanced recommendations",{"type":359,"content":679},[680],{"type":51,"content":681},[682],{"text":683,"type":58},"Credit history and report creation",{"type":191,"attrs":685,"content":686},{"level":347},[687],{"text":688,"type":58},"Best for ",{"type":356,"content":690},[691],{"type":359,"content":692},[693],{"type":51,"content":694},[695],{"text":696,"type":58},"Companies that want AR automation live in under two weeks",{"type":191,"attrs":698,"content":699},{"level":310},[700],{"text":701,"type":58},"5. 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Subscribe to our newsletter to stay informed.",[2621,2622],"08873884-f99d-46d2-9481-0563134fdd37","2ef12409-8f14-46b2-a8d0-0175290269ec",[2624],{"cta":2625,"_uid":2626,"items":2627,"heading":2755,"reverse":27,"component":1071,"sectionSettings":2776},[],"1320905c-cdee-41a4-bbec-6d93ca2e4e3f",[2628,2698],{"_uid":2629,"title":2630,"component":1019,"description":2631},"dfc0accd-ab64-464a-8597-b76754748f04","What is spend management?",{"type":48,"content":2632},[2633,2637],{"type":51,"content":2634},[2635],{"text":2636,"type":58},"Business spending includes different types of spend:",{"type":2638,"attrs":2639,"content":2642},"ordered_list",{"order":2640},{"order":2641},1,[2643,2655,2666],{"type":359,"content":2644},[2645],{"type":51,"content":2646},[2647,2652,2654],{"text":2648,"type":58,"marks":2649},"Strategic",[2650],{"type":2651},"bold",{"text":2653,"type":58}," spend is usually centralized and managed by C-level executives with dedicated spenders. 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