- Requests and purchase orders: Employees raise requests against the live budget, so budget owners see the financial impact before anything is approved, committed or invoiced.
- Contracts and invoices: Contracts, subscriptions and agreements live in one place. Invoices are captured, coded and matched to purchase orders and contracts automatically, and any discrepancies or unexpected charges are flagged for review.
- Cards and payments: Finance can now issue Datarails physical and virtual corporate cards with configurable controls and auto-coded transactions. Approved bills are scheduled for payment before any money goes out.
- Reconciliation and AI: Spend records reconcile against the ERP. AI handles invoice extraction, coding, transaction classification, matching and discrepancy detection.
“Most spend platforms kick in when an employee wants to buy something,” said Didi Gurfinkel, Co-founder and CEO of Datarails. “Datarails Spend starts earlier, with the plan. Before a request is approved, finance can check it against live budgets and see what’s left to spend. Once approved, the commitment stays tied to the budget through every step: purchase orders, contracts, invoices, payments and reconciliation. Actual spend flows back to the line it was approved against, so finance always knows what’s been spent, what’s committed and what’s still available.”
Built on FinanceOS – Datarails’ governed financial data foundation for planning, budgeting, forecasting, reporting, cash management and close – Datarails Spend brings spend activity into the same system used across finance. This enables teams to understand spending decisions without piecing together data from disconnected systems.
“The goal is not to automate decisions about where a company’s money goes, but to eliminate the manual work around those decisions. That is where AI can make a real difference in the spend process,” Gurfinkel said. “The result is a shift from reactive spend management to proactive financial control for all companies.”
Datarails Spend is available now: datarails.com/products/spend
About Datarails
Datarails is the AI finance operating system, bringing together FP&A, spend, cash management, ticketing, and month-end close on one unified platform. FinanceOS is the trusted data layer for finance teams, connecting financial and operational data into a governed foundation so every AI workflow and output is accurate, consistent, and auditable. Whether working in Excel, Google Sheets, or a web-based platform, finance teams can automate the work, trust the numbers, and turn the Office of the CFO into a strategic driver of the business.
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SOURCE Datarails
