What is Tika Business Spend Management Software?
Hi, I'm launching Tika. A business spend management software to help purchasing and finance team to manage their sepends and budget control. The key features - Requests & PO management - AP invoice and payments - and many more
Problem
Businesses currently rely on manual processes and fragmented tools for managing procurement, invoices, and budget tracking, leading to inefficient workflows, lack of real-time visibility, and error-prone financial oversight.
Solution
Tika is a business spend management software that centralizes procurement workflows, automates purchase order creation, AP invoice processing, and payment approvals, and provides real-time budget tracking (e.g., employees submit spending requests, managers approve via unified dashboard).
Customers
Finance managers, procurement officers, and accounting teams in small-to-medium businesses (SMBs) needing streamlined spend control.
Unique Features
Combines procurement, invoicing, and payment approvals in one platform with customizable approval workflows and integrations with accounting tools like QuickBooks.
User Comments
Simplifies purchase request approvals, Reduces invoice processing time, Improves budget visibility, Integrates seamlessly with existing systems, User-friendly interface for non-tech teams
Traction
Launched 6 months ago; 8,000+ active users, $40k MRR, 150+ SMB customers, founder has 1.2k followers on LinkedIn.
Market Size
The global spend management software market is projected to reach $25.7 billion by 2027, growing at 12.3% CAGR (Grand View Research, 2023).
