AirPlus and Kresus Help Europe Control Indirect Spend
Jan de Vries ยท
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AirPlus International and Kresus Technologies, with Mastercard, help European businesses gain control over indirect purchasing. This partnership offers real-time tracking, automated approvals, and better budget oversight.
European businesses have long struggled with managing indirect purchasing. Now, AirPlus International and Kresus Technologies are stepping up to solve that problem. Working with Mastercard, they're giving companies a way to regain control over a messy, often overlooked part of their spending.
### Why Indirect Purchasing Matters
Indirect spend covers everything from office supplies to travel expenses. It's not directly tied to production, but it eats up budgets fast. For many companies, these costs are scattered across departments, with no clear oversight. That's where things get expensive.
- **Lack of visibility** makes it hard to spot waste
- **Manual processes** slow down approvals and payments
- **Fraud risks** increase when there's no centralized control
AirPlus and Kresus are tackling this head-on. Their solution integrates with Mastercard's network to give businesses real-time tracking and automated controls. Think of it as a dashboard for every indirect expense, from a team lunch to a business flight.
### How the Partnership Works
The collaboration combines AirPlus's expertise in corporate payment solutions with Kresus's spend management platform. Together, they offer a single interface for approving, tracking, and reconciling indirect purchases. Companies can set spending limits, enforce policies, and get instant alerts when something's off.
"We're simplifying a process that's been broken for too long," says a spokesperson for the partnership. "Businesses deserve to know where every dollar goes."
### Real Benefits for European Companies
European firms face unique challenges. Cross-border transactions, multiple currencies, and varying tax rules make indirect purchasing even trickier. This solution handles those complexities automatically. It converts expenses into USD for easy reporting and flags any compliance issues.
- **Faster approvals** with automated workflows
- **Better data** for budgeting and forecasting
- **Reduced errors** through integrated systems
For companies spending millions on indirect goods and services, even small improvements can save thousands. The partnership aims to deliver that by making every purchase visible and controlled.
### What This Means for You
If you're managing a European business, this is good news. You no longer have to rely on spreadsheets or guesswork. The AirPlus-Kresus-Mastercard combo gives you a clear picture of where your money's going. It's like having a financial guardian angel for your indirect spend.
### The Bigger Picture
This partnership reflects a broader shift in corporate finance. Companies are moving away from fragmented systems toward integrated platforms. They want control, transparency, and efficiency. AirPlus and Kresus are showing how it's done.
> "Control isn't just about cutting costs. It's about making smarter decisions."
Indirect purchasing might not be glamorous, but it's where many businesses leak money. With this new solution, European companies can plug those leaks and focus on growth.