Pay bills using Virtual Cards.
In addition to the ACH, Check and Vendor Credits, you can now choose to pay your Vendors using Airbase Virtual Cards. This gives you the chance to earn cashback while paying bills. The card can be used any number of times with Spend Limit set to the invoice amount and expires 30 days past the due date on the invoice.
Now you can send-and-forget the receipts once they're emailed to Airbase. The Receipts Inbox feature will help you track the receipts emailed to email@example.com and match them with their transactions automatically.
Okta Single Sign On (SSO).
If you subscribe to Okta SSO, your employees can now log in to Airbase using Okta.
This adds an additional layer of security and reduces the effort on cumbersome password reset requests.
New Bill Payments settings.
We have introduced two new settings in Bill Payments that allow you to further control and automate the sync of ledger entries from Bill Payments to the GL.
- Auto-Sync Bill Ledger Entries.
- Sync Only Approved Bills.
You now have more visibility to charges from Airbase, like the Physical Card fees or the expedited card fees. The charges will show up on the Transactions page. Review and approve the Transfer Rule and sync it with the GL.
Set Airbase as the GL vendor while syncing the ledger entries for cashback transactions.
What’s on the horizon.
- Amortization Improvements.
- Native Netsuite Amortization support.