PayEm
4.7
143

Not Claimed

PayEm is a SaaS spend management system that offers global agility and control to replace siloed, legacy systems. It combines a payment platform with smart credit cards to instantly approve, track, and manage vendors, subscriptions, and funding requests while viewing real-time spend synced with ERP. Trusted by finance teams at Fiverr, JFrog, Next Insurance, and more.
Developer
PayEm
HQ Location
New York, New York
Year Founded
2019
Number of Employees
99
Strengths
  • Ease of use

    Simple and intuitive interface

  • Automation

    Automated payroll processing and tax filing

  • Integration

    Seamless integration with accounting software

Weaknesses
  • Limited features

    Lacks advanced HR and benefits management features

  • Pricing

    Pricing can be expensive for larger companies

  • Customer support

    Customer support can be slow to respond

Opportunities
  • Opportunity to expand into international markets
  • Opportunity to form partnerships with other HR software providers
  • Opportunity to develop a mobile app for on-the-go payroll management
Threats
  • Intense competition from established HR software providers
  • Changes in tax and labor regulations could impact payroll processing
  • Data breaches and security threats could damage reputation and customer trust

Ask anything of PayEm with Workflos AI Assistant

http://www.payem.co
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Review Distribution

  • 👍
    High - rated users

    The robust purchase approval flow made our life easy. We can now receive requests from remote employees according to the company budget, manage all company vendor budgeting, and have a clear picture of all the money we manage, down to each and every transaction. I have visibility of all the money coming out of the company at the supplier level making it easy to manage the budget.There’s nothing to dislike. PayEm is a great value-add for customers.

  • 👎
    Low - rated users

    As a Marketer involved in a lot of activities requiring purchasing and ongoing payments, having access to organizational funds and payment information can be challenging. Payem allows me to hold my own virtual card and seamlessly request and receive authorization to use it as necessary. The process is intuitive and painless.While the interface is top notch, there are some issues with how documents are uploaded and managed that could use some tweaking. For instance, it is not readily apparent whether or not an invoice has already been uploaded when looking at the list of recent transactions.

Media

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PayEm Plan

PayEm offers a tiered pricing model based on the number of employees, with additional features available in higher versions.
Standard $ Contact Us
Virtual cards & Physical cards AP Automation Insights dashboard Fund requisition automation Payment pre-approval Custom approval flows Real-time payment overview AP inbox/Email collection Invoice data capture with OCR Mobile app Reimbursement automation Automatic audit trail
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