Payhawk
Smart money just got smarter. AI-native spend platform.
Executive Summary
Payhawk is an AI-powered spend management platform that unifies corporate cards, expense management, accounts payable, and procurement into a single solution. It serves finance teams in mid-market to enterprise companies globally, providing complete control, real-time visibility, and automation over business spending. The platform's key value lies in streamlining financial operations, enforcing policies, and enabling faster strategic decisions by eliminating manual tasks and integrating seamlessly with existing ERP and HR systems.
Use Cases
- Automating expense reporting and reconciliation for employees and finance teams.
- Streamlining accounts payable processes from invoice capture and approval to multi-currency supplier payments.
- Enforcing company spend policies and budgets in real-time using smart corporate cards with dynamic limits.
- Managing procurement requests and purchase orders with automated workflows and 3-way matching.
- Orchestrating business travel bookings, policy compliance, and expense management through AI agents.
- Gaining real-time, consolidated financial visibility and reporting across multiple international entities.
Features
Visibility
- Real-time Spend Visibility: Live dashboards provide instant overview of all card, invoice, and payment data across entities and currencies, ensuring decisions are based on current information.
- Consolidated Reporting: Ability to combine financial data across all subsidiaries and global entities for a unified and comprehensive view of spending.
- Dynamic Budget Tracking: Assign and track budgets in real-time by any dimension or category, with proactive spend controls on corporate cards.
Intelligence
- AI Agents for Workflow Automation: Specialized AI agents automate repetitive finance tasks across expense reporting, invoice intake, approvals, procurement requests, and travel booking.
- AI-powered Auto-coding & Reconciliation: Automatically categorizes and codes transactions, receipts, and invoices, tailored to the company's master data, streamlining reconciliation.
- Intelligent Business Travel Management: AI Travel Agent books policy-compliant flights and hotels, automatically creates expense reports, and remembers user preferences for effortless travel planning.
- Automated Policy Enforcement: AI agents enforce spending policies and flag out-of-policy expenses automatically, ensuring compliance without constant manual oversight.
- OCR for Multi-language Invoices: Advanced OCR technology extracts data from invoices and receipts in multiple languages, reducing manual data entry and improving accuracy.
Support
- Dedicated Customer Success Manager (CSM): Customers receive a dedicated CSM who provides proactive support, understands business goals, and ensures continued success with the platform.
- Multilingual & Localized Support: Native support available across the US, UK, and EEA, with teams understanding local regulations and providing assistance in multiple languages.
- Real-time Customer Service: Highly responsive customer service with fast initial response times (e.g., ~40 seconds) and a high rate of issue resolution within 24 hours.
Technical Specifications
- Architecture
- Cloud-native SaaS, Enterprise SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA (2FA required for production systems)
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
AI/ML Stack
- NLP
- Machine Learning
- Computer Vision
- LLM
Integrations
- NetSuite
- Microsoft Dynamics
- Sage Intacct
- Workday
- SAP
Security & Compliance
Certifications: SOC 2 Type II, ISO 27001, PCI DSS, SOC1, GDPR
Encryption: AES-256 at rest, TLS 1.2 or higher in transit
Pricing
- Model
- Subscription-based, Tiered subscription, Custom enterprise
- Starting Price
- Starting at £149/month (Growth plan for UK/EEA SMBs); Starting at $599/month (Cards & Expenses or Bill Payments for US); Custom pricing for larger enterprises.
- Target Customer
- SMB, Mid-market to Enterprise
- Contract Type
- Annual, Multi-year discounts available
- Free Trial
- Yes, 7 days (for eligible Growth plan customers), Custom demo available (credit card required)
About Payhawk
Payhawk is an AI-native spend management platform that unifies corporate cards, expense management, invoice processing, and global payments into a single solution. It empowers finance teams to automate workflows, control spending, and gain real-time visibility across multiple entities and currencies.