Case Study: Orbem achieves automated financial control with Spendesk

Orbem cuts invoice processing to under 10 minutes with Spendesk

Orbem, a Munich-based AI tech company specializing in MRI technology, faced significant financial process challenges due to its rapid growth. With limited visibility into spending and highly manual invoice processing, the company wasted time chasing receipts and documentation, which delayed monthly closings. To solve this, Orbem implemented the spend management platform from Spendesk.

By adopting Spendesk, Orbem automated its financial operations using AI-powered invoice processing, virtual cards, and centralized receipt management. The results were transformative, including an 80% reduction in manual data entry and the ability to process invoices from upload to approval in under 10 minutes. Spendesk provided a single source of truth for all financial data, eliminating manual chasing and delivering weekly reimbursements on a predictable schedule.

Orbem