LONDON, April 2, 2025 /PRNewswire/ — Payhawk, a leading spend management platform, today unveiled its new ‘AI Office of the CFO.’ This suite of AI-powered agents is designed to address one of finance’s biggest challenges: increasing productivity while ensuring full control over operations.
Payhawk already manages transactions, policies, workflows, and data for businesses, positioning it to create AI agents that offer practical benefits with necessary controls. The new agents take on operational tasks with the same permission levels as employees, allowing companies to implement AI with confidence. In developing its in-house AI infrastructure, Payhawk has utilized early-access OpenAI models to fine-tune its technology.
The launch begins with the Financial Controller Agent, which handles repetitive tasks such as chasing receipts, analyzing expense reports, and identifying unusual spending patterns. This marks a new step in Payhawk’s goal of reshaping financial operations, integrating AI into its unified spend management platform.
“Finance leaders recognize AI’s potential impact, but there’s been no clear, practical solution until now,” said Hristo Borisov, CEO of Payhawk. “We’re not simply adding AI features; we’re creating a new category of specialized agents that autonomously handle key, time-consuming tasks, transforming financial operations.”
The ‘AI Office of the CFO’ suite includes several agents designed to streamline essential functions:
- The Financial Controller Agent removes the hassle of managing expense reports. It automatically collects receipts, sends reminders for missing documents, and flags unusual expenses, freeing up managers from time-consuming tasks.
- The Procurement Agent simplifies purchase requests. Employees can easily communicate their needs, and the agent ensures compliance with company policies, gathers approvals, and helps compare vendor options, saving time and reducing the need for email exchanges and paperwork.
- The Travel Agent manages all aspects of business travel, from booking flights and hotels to capturing related expenses. It ensures compliance and streamlines the entire process, eliminating manual coordination between departments or third-party agencies.
- The Payments Agent assists employees with inquiries about transactions, reimbursements, and supplier payments, addressing issues that would otherwise take up valuable time for the finance team.
“Our approach is unique because we’ve built these AI agents on Payhawk’s existing financial infrastructure,” said Boyko Karadzov, CTO of Payhawk. “Our platform already manages global spending, licensed payments, approval workflows, and granular spend controls — all essential for secure and effective AI implementation in finance. Our goal is to offer all the capabilities of our web and mobile apps through natural AI-driven conversations, giving users the flexibility to work with Payhawk however they prefer.”
These AI agents integrate smoothly into Payhawk’s secure enterprise infrastructure, which uses established workflows, permissions, and audit trails. Finance teams retain full visibility and control, while benefiting from AI-enhanced efficiency. Payhawk’s security-first approach positions it to deliver AI that meets finance’s core need for control.
