TOP 10 – TAIL SPEND MANAGEMENT PLATFORMS

Basware

CEO: JASON KURTZ FOUNDED: 1985

manages tail spend by focusing on automated invoice processing, e-invoicing and continuous data capture within the procure-to-pay lifecycle. The platform utilises advanced AI and optical character recognition to convert 100 % of incoming vendor invoices into structured, digital data, capturing non-PO invoices that typically characterise unmanaged tail spend. By automatically matching these random transactions against purchase orders or payment plans, Basware uncovers hidden maverick spend. The resulting visibility allows procurement departments to identify rogue supplier patterns, analyse fragmented spend data and systematically transition unstructured tail-spend vendors into compliant, pre-negotiated corporate contracts. Jason Kurtz Chief Executive Officer Basware

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The right on time show – Invoice lifecycle management unpacked

48 June 2026