Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .


SpendConsole Opens Dubai Office Amid Surging Demand for AI-Driven, AP Automation Solutions

iStock 938446038 - Global Banking | Finance

SpendConsole Opens Dubai Office Amid Surging Demand for AI-Driven, AP Automation Solutions

SpendConsole expands operations to the Middle East, opening a new office in Dubai to meet the surging demand for enterprise AI-driven AP automation 

Friday, 16 February 2024: SpendConsole, Australia’s leader in enterprise AI-powered Accounts Payable (AP) automation, today announces its expansion into the Middle East, with a new office in Dubai. This strategic move comes after signing a major tea company in the region as demand for AI-driven AP automation surges in the region. 

Due to increasing government initiatives and regulations mandating the use of e-invoicing along with the rise of cyber threats and fraud, the global e-invoicing market is set to reach AU$71.57 billion by 2030, according to a recent report. The UAE (United Arab Emirates), for one, is rolling out a two-phase e-invoicing mandate, with the first to roll out in July 2025.

Abid - Global Banking | Finance

Abid Ali

Recognising the success of e-invoice exchange and the fully-digitised public procurement platform (DPP) at the national level, including initiatives led by Dubai authorities to achieve a paperless government in 2021, the move towards mandatory B2B e-invoicing aligns seamlessly with the region’s commitment to comprehensive digital transformation.

With SpendConsole now having a strong foothold in Dubai, local businesses can tap into the team’s expertise, moving to e-invoicing that is compliant with regional regulatory standards. Abid Ali, CEO and Founder of SpendConsole, expressed his enthusiasm for the company’s expansion into the Middle East, stating, “We are thrilled to bring SpendConsole’s unparalleled expertise to the vibrant and dynamic market of the Middle East. As businesses in the region gear up for the e-invoicing mandate, our establishment in Dubai signifies not only our commitment but also our readiness to be at the forefront of this transformative journey.

“We believe the integration of our advanced enterprise AI solutions will not only streamline financial processes but also catalyse overall operational excellence for our customers in the region, providing a foundation for sustained growth and success.”

A Certified PEPPOL Access Point and accredited by SAP®, Microsoft®, the ATO and New Zealand Taxation office, SpendConsole is at the forefront of ensuring seamless integration and compliance within diverse regulatory environments. Leading enterprises and institutions across Australia, New Zealand and the Middle East, including Federal and State Government clients such as Intellectual Property Australia, TAFE New South Wales and PRAAS Limited trust SpendConsole to help them to unlock the full potential of their AP and Finance teams.


SpendConsole is at the forefront of enterprise AI-powered Accounts Payable (AP) automation. As an innovator in AI-driven AP solutions, SpendConsole streamlines AP processes and empowers organisations to achieve efficiency, compliance and fraud prevention with ease.

Whether optimising invoice processing, enhancing compliance or fortifying defences against AP fraud, SpendConsole simplifies AP management and takes your financial operations to the next level. Trusted by both Federal and State government and private sector leading enterprise businesses and institutions across the ANZ region like Intellectual Property Australia, TAFE NSW and Macmahon Holdings, SpendConsole is the go-to platform for secure, efficient and compliant AP operations.

Join the AI-powered, AP automation movement at 

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post