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  "docSlug": "jarvis-airbase-investment-memo-series-b",
  "documentTitle": "Airbase investment memo Series B",
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      "text": "Procurement management: This is another emerging category where certain companies essentially act as an outsourced procurement team to help companies manage the long tail of recurring spend in their business. Collecting contract meta-data like renewal terms, overage fees etc. as the spend flows through our system opens up the opportunity to address this problem.\n\nInvoice factoring and similar offerings: Once we have sufficient scale, it should present an opportunity for us to partner with lenders to provide factoring or related products.",
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      "text": "1 Product, 9 Countries, 96 Employees",
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      "text": "there is an opportunity for us to build the tools to help our customers to track the expense at a deeper level.",
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      "text": "Of course, we have to earn the right to enter any of these categories. We're currently focused on becoming the leading spend management platform. We may not get to execute on any of these adjacent opportunities for many years. We will likely partner in the near term to help our customers solve these problems. But, depending on how things play out, the upside potential is very large.",
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