I work at a small startup, so getting this type of thing right at the very beginning is of critical importance. I'm amazed by how many companies Airbase could benefit.
One concern that potential customers may have is the need to maintain a balance in their Airbase account in advance of funding spend, rather than paying a credit card statement a month in arrears. However, as long as you’re not so strapped for cash that you need that month delay to pay the bill the Airbase account functions just like a normal bank account with no extra hassle.
I can say from personal experience using the product over the past 6-9 months that we absolutely love using Airbase. It's a really flexible and elegant solution to the corporate spend management problem. By issuing virtual cards on a per-vendor basis with tight controls on each card, Airbase threads the needle between the benefits of issuing corporate cards to employees and reimbursing employees for vendor payments, both of which have their benefits but also their major setbacks. Airbase has the best of both worlds and is the best solution that we have seen for managing corporate spend. I would recommend it to anyone looking to simplify this area of their business -- especially startups!
They are well-run company with strong innovation in the space. As they build-out their full platform (adding check/wires) they are making this the one-stop shop for all spend at a company.
