Ascension Partners With Spenmo To Make Payments Simple

We are excited to announce our partnership with Spenmo to make payments simple for you. Spenmo is a cloud-based payments software and offers a unified payment platform for businesses. They help you manage, track, automate, and reconcile your payments in one dashboard. In this blog post, we highlight some of their awesome features, and how working with Spenmo can help you automate your payments process and free up your time to build and grow your business.

Cheapest International Transfers

If you are using banks or other remittance services such as Western Union to pay your overseas suppliers and freelancers, you are likely to be overpaying for bank and exchange fees. Spenmo does overseas transfers and automated bill payments at S$1 per transaction with 0% FX markup.

Automated Local Transfers

Accounts payable administration is arguably one of the most tedious and time-consuming finance functions. Lots of time and countless energy is wasted by manually keying in vendor details, logging into bank portals, and requesting OTPs to execute payments. Spenmo helps you automate your payments cycle by eliminating all 12 steps in the typical payments cycle shown below. Whether you are processing one bill or even a thousand, payments are processed with only one click of a button.

Convert Credit Card To Cash

Top up your Spenmo account using your credit cards, and use Spenmo to pay for your rent, employees’ salaries and supplier invoices. Use the freed-up cash to grow your business and earn miles and points on your business payments.

Corporate Cards

Get instant access to physical and virtual corporate cards, and assign them to all your employees with pre-approved funds to track spending in real-time. Create custom virtual cards with pre-assigned budgets to track subscriptions or marketing spend in one dashboard.

Seamless Expense Claims

Simply snap, ping and approve expense claims through Spenmo’s expense claims interface. Reimburse your employees via PayNow with just one click.

Integration With Xero

Spenmo integrates fully with Xero for seamless bank reconciliation. Card and invoice payments made via Spenmo are seamlessly integrated with Xero with just one click of a button.

⁠Enjoy Exclusive Discounts As Our Client

We are a preferred Spenmo partner, and our clients enjoy 50% off standard fees and premium customer service, including a dedicated account manager. To find out more, click here.