The problem with B2B trade today is that many businesses work with multiple software solutions to run each aspect of their operations, which creates business silos or closed-off systems, and makes running a business more inefficient and expensive. Additionally, inefficiencies in payment practices and delayed payments are key contributors to the cash flow problems experienced by businesses on a global scale.
While we may have started out as a pure Software as a Service (SaaS) business, Spenda has evolved into a B2B fintech player offering a suite of software applications, payment and lending solutions and integration services. We offer one connected solution that integrates all business processes that take place before, during and after the payment event.
We have a strong mission: to help businesses boost operational efficiency and get paid faster; and a strong purpose: to drive improved cash flow and reduce payment friction across the supply chain.