Webexpenses has emerged as a key player in the expense management software space, focusing primarily on serving SMEs and mid-market enterprises. Responding to the growing needs of finance teams, the company has recently introduced a payments capability and formed strategic partnerships to provide finance teams with a comprehensive spend management suite, including accounts payable automation software.
Taking advantage of the increased use of digital tools following the COVID-19 pandemic, which has fuelled an impressive 20% year-over-year growth in expense management adoption, Webexpenses has not only successfully navigated this trend but has also doubled its customer base in just four years.
This success is attributed to its best-in-class and highly focused service offering, establishing Webexpenses as a trusted partner for more than 1,800 esteemed blue-chip clients, including industry leaders such as Ryanair, Admiral Insurance, Pets at Home, Adecco, and Miele.
Webexpenses and its ambitious management team offer a truly differentiated SaaS solution into the finance function. In recent years, Tenzing has increased its focus in this sector, looking to identify and back niche market leaders and top entrepreneurial talent. Webexpenses represents a strong platform through which to support continued exciting SaaS growth, as well as building an enhanced product suite to delight customers.
Andy May
Managing Director at Webexpenses
We’ll leverage our expertise to assist Webexpenses in areas such as sales, marketing, acquisitions, and internationalisation. Our proven Growth Network, featuring a Sherpa, Entrepreneurs Panel, Acquisitions Director, and Subject Specialists, will support Webexpenses in maximising its potential and fostering growth in a competitive market.
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