APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Workflow
    • Summit
    Next

    Summit: Redefining Spend Management with AI-Powered Precision and Proactive Control

    Follow Summit on :

    CEO,Jo-Ann Chung, SummitJo-Ann Chung, CEO
    The APAC region's changing financial compliance and governance landscape call for a spend management solution that not just adapts but thrives within the local market.

    Summit is primed to lead mid to large-sized businesses in this region with its state-of-the-art, AI-powered spend management platform that offers actionable insights and operational efficiency.

    Real-time, centralized dashboards offer unmatched visibility and control over expenses, providing a clear, comprehensive view of all spending categories. Tools like the expense policy checker and advanced approval workflows prevent non-compliant or excessive spending before it even happens. Predictive analytics, powered by historical data, forecast future expenses, while AI-driven insights enhance decision-making by identifying trends and spotting anomalies.

    Taking charge as a trusted co-pilot for finance professionals, Summit liberates finance teams from operational bottlenecks and routine tasks, empowering them to focus on strategic, high-value initiatives that drive organizational success.

    “Our platform empowers clients to achieve tangible results, such as faster processing times, minimized manual errors and significant reductions in unintended spending,” says Jo-Ann Chung, CEO.

    Accentuating its value proposition, Summit facilitates the auditing and reconciliation of vendor invoices and staff claims in one seamless experience.

    The vendor invoice management solution provides end-to-end automation, from invoice capture to payment reconciliation. The AI-powered categorization classifies invoices, enabling businesses to easily track spending by department, project, or vendor.

    Every step of the accounts payable process is recorded in real-time, providing instant visibility into financial operations and aiding businesses to ensure no invoice is ever overlooked.

    Seamless integration with existing accounting software ensures all transactions are synchronized accurately, eliminating discrepancies and delays. By directly syncing data, the platform keeps ledgers current and significantly minimizes the manual work involved in account reconciliation. Advanced validation checks safeguard against duplication and ensure that invoice and payment records align seamlessly with a company’s financial data.

    The efficient employee expense management tool makes the claim submission effortless. Managing staff expenses comes with its share of hurdles, including inconsistent compliance with company policies and delays in approval workflows. Summit addresses these challenges with a mobile app enabling users to upload receipts and file claims. The platform enforces policies at the point of expense submission, leverages AI-powered workflows to speed up approvals, and delivers in-depth insights into employee spending. This results in a streamlined, transparent process that enhances efficiency and drives measurable cost savings.

    To ensure the security of sensitive financial data, Summit is ISO27001 certified and implements robust security measures, including encryption, access controls, regular audits and strict compliance with data protection regulations.

    Our platform empowers clients to achieve tangible results, such as faster processing times, minimized manual errors and significant reductions in unintended spending.


    Compliance is managed through automated policy checks, real-time updates and proactive notifications. Real-time data updates let businesses generate precise reports on demand. These reports are customizable, allowing them to effortlessly meet specific compliance or audit requirements. The automated compliance check feature ensures alignment with internal policies and external regulations, significantly reducing the need for manual oversight. The software also sends automated notifications to ensure that teams stay updated on overspending risks, and approval statuses, fostering a culture of accountability and proactive financial management.

    The usage-based payment model enhances Summit's appeal. It allows businesses to pay only for what they use, making it an accessible solution for organizations of any size.

    Summit’s vision is to expand its influence across APAC with a focus on sustainability, financial data security and advanced AI capabilities. Backed by renowned investors and a seasoned executive team with a wealth of expertise in financial services and technology, Summit is exclusively positioned to lead the spend management revolution.
    Next
    Share this Article:
    Tweet

    Summit Info

    Company
    Summit

    Headquarters
    ...

    Management
    Jo-Ann Chung, CEO

    Description
    Summit provides an AI-powered spend management platform that streamlines accounts payable and employee expense processes. Offering real-time dashboards, automated workflows, and proactive control tools, it empowers finance teams to prevent unintended expenses, improve decision-making, and drive operational efficiency, all while providing unparalleled visibility and control over financial operations.

    2025

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    CIO Speaks

    Previous Next
    Cloud Computing: Pharma Takes the Plunge

    Andy Newsom, SVP & CIO, CSL Behring

    WiFi 6, 5G and the Internet of Things (IoT)

    Mark Badal, CIO, IT&E

    In Augmented Reality, Size Matters

    Jason Blackman, CIO, Carsales.Com

    Enhancing Customers

    Marc A. Hamer, VP & CIO, Babcock & Wilcox Enterprises, Inc.

    Cloud or On-Premise? When Would The Question End?

    Kevin Soh, CIO and Director, e-Strategies, BH Global Corporation

    Responsible AI: The Human-Machine Symbiosis

    Sal Cucchiara, CIO & Head Of Wealth Management Technology, Morgan Stanley

    Asian Development Bank: Using Emerging Digital Technologies for the Common Good

    Shirin Hamid, CIO, & CTO, Asian Development Bank

    Diversity and Inclusion can Drive Better Solutions for Clients and Employee Engagement

    Linda K. Lannen, CIO & Sr. VP, Kleinfelder

    Cyber Security - Integrated enterprise approach required to address the multifaceted challenges

    Sumit Puri, CIO, Max Healthcare

    The Great Tech Arms Race: How Changing Consumer Behaviour and Expectation is Driving Ecommerce Transformation

    Brett Raven, CIO, Big Red Group

    Relying On Technologies To Transform Data Into Information

    Mark Ohlund, CIO & Sr. V.P., Armada Supply Chain Solution

    3D Printing Requires Wildly Different Thinking

    James MacLennan, SVP & CIO, IDEX Corporation

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/summit