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TLDR: Moss, a spend management platform, aims to alleviate the administrative burden faced by finance teams in small and medium-sized businesses (SMEs) by automating and digitizing finance workflows. The company has evolved from initially providing a solution for corporate card spend to offering complete control over the entire spend management process. Moss has achieved triple-digit+ year-over-year growth by attracting top-tier talent, delivering an excellent product, and demonstrating a profound understanding of its customers’ pain points. The company has saved its customers’ finance teams 39,000 business days’ worth of time.
Key points:
- Moss offers a fully-integrated spend management platform for SMEs to manage their company spend efficiently.
- The company aims to automate and digitize finance workflows to free up finance teams to focus on strategic work.
- Moss has achieved triple-digit+ year-over-year growth across all key metrics, allowing finance teams to save significant amounts of time and increase productivity.
- The company is focused on delivering exceptional software and payment capabilities to enhance visibility and control over company spending.
Moss, a spend management platform, is working to alleviate the administrative burden faced by finance teams in small and medium-sized businesses (SMEs). The company offers a fully-integrated platform that enables SMEs to proactively manage their company spend by digitizing finance workflows, automating accounting processes, and providing transparency and control over expenditures. By offering complete control over the entire spend management process, Moss aims to help finance teams save time and increase accuracy.
Moss initially launched with a solution for corporate card spend, but as time has progressed, its scope has expanded. The company now focuses on providing exceptional solutions for finance teams and spenders within SMEs. Moss aims to empower finance teams with complete control over their spend management process, from initial planning and budgeting to expenditures via cards and invoices, integrated payments, reconciliation, and gaining insightful analyses.
The biggest challenge for Moss has been navigating new markets in the current macroeconomic climate. However, the company has achieved remarkable success by attracting and retaining top-tier talent, fostering a transparent and data-driven culture, delivering an excellent product, and demonstrating a profound understanding of its customers’ pain points. As a result, Moss has achieved triple-digit+ year-over-year growth across all key metrics. Finance teams using Moss have seen a 47% increase in productivity, an 80% reduction in errors, and a 27% acceleration in employee reimbursement processes. In the past year alone, Moss has saved its customers’ finance teams 39,000 business days’ worth of time.
The future is promising for Moss, as the company aims to deliver exceptional software and dependable payment capabilities to empower finance teams to automate their end-to-end workflows. This includes tasks like managing accounts payable, providing enhanced visibility and control over company spending. Moss plans to continue addressing the challenges faced by finance teams within SMEs and saving them valuable time and resources during monthly book closures.
