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SaaS

New SaaS Firm Summit Aims to Revolutionize Expense Management

Nicole Kristine Jovero
Last updated: July 15, 2024 12:14 am
Nicole Kristine Jovero
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1 Min Read
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  • Summit launches to automate expense management for small businesses.
  • The platform promises significant time and cost savings.
  • Advanced algorithms offer insights and eliminate manual tasks.

Contents
A game-changer for finance teams?Saying goodbye to paperwork headaches

A game-changer for finance teams?

Global Founders Capital and Insight Partners have joined forces to launch Summit, a Singapore-based SaaS company.

The firm’s smart expense management solution targets small to mid-sized businesses, aiming to modernize and automate traditionally manual processes in accounts payable and employee expense claims.

Saying goodbye to paperwork headaches

Summit’s platform tackles the frustrating, time-consuming nature of invoice and staff claim processing.

CEO Jo-Ann highlights the gap in the market for efficient spend management solutions tailored to smaller businesses.

Studies show companies can spend up to $9 processing a single invoice. Summit’s smart tools promise to slash processing time by 75%, potentially saving businesses thousands annually.

The platform leverages advanced algorithms and machine learning to offer actionable insights, eliminating tedious manual tasks.

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