Case Study: &Open speeds up vendor payments and month-end close with Spendesk

andopen - Customer Case Study

andopen, a B2B gifting platform, required a modern spend management solution to replace their manual systems and disparate processes. Their challenges included chasing employees for receipts, lacking a long-term spend solution, and enduring a slow, manual month-end closing process. They implemented the Spendesk platform to manage all company spending.

By using Spendesk, andopen gained an easy-to-use tool for expenses, virtual cards, and vendor payments. The solution provided automatic receipt capture, seamless integration with Xero, and immediate payment capabilities, which eliminated bank transfer delays. Spendesk cut their month-end closing time to a fifth of what it was previously and completely eliminated the need for the finance team to chase receipts, saving significant administrative time.

andopen

Darren Chaney

Financial Controller