Transparency, Efficiency, and Real-Time Results: How Vi Labs took their finance processes to the next level with PayEm
Overview
Without PayEm
- Transaction recording was performed manually
- Credit cards, AP, and spend management required separate platforms
- All transactions needed to be manually entered into the ERP
- 40% of finance team bandwidth spent on manual processes
With PayEm
- Automatic transaction recording, including department & budget categorization
- All financial processes are managed via one platform
- Books are automatically synced with NetSuite
- 40% of bandwidth redesignated towards planning & optimization
“PayEm saved us almost 40% of our time. The management has much more transparency now. Closing the books is much more efficient. We don’t need to wait for the end of month. Any transaction that’s been recorded in PayEm is already in NetSuite.”
- Yana Fridman, VP of Finance, Vi-Labs
About Vi-Labs
The world leading Enterprise-AI for digital health, Vi Labs is a pioneer in the AI-as-a-service sector. They work with the world’s largest digital health companies, helping them increase engagement, retention, LTV, and health outcomes.
