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Tail spend payments are where procurement pressure really shows up.
Most market offerings were not designed to handle the full reality of tail spend. They support free text buying, basic payment processing, or supplier onboarding, but rarely all of it together. Buyers hit dead ends. Procurement inherits exceptions. Finance ends up reconciling work that should never have been manual in the first place.
That's why the same issues keep surfacing. Too many PO changes. Too many one-off suppliers sitting in ERP and S2P systems. Too much manual checking, rework, and correction across quote, approval, and payment.
MarketPay changes that.
MarketPay is built to handle the full tail spend flow, not just fragments of it. It operates on a disclosed procurement agency model - meaning Axiom acts on your behalf, not as an intermediary. No title transfer. No counterparty risk. No loss of control over your supplier relationships or your funds.
Powered by our procurement agent (Axi), it automates the steps that typically slow everything down. From validating request data, to enforcing thresholds and compliance, to resolving exceptions before payment. And because every payment runs through a Global Payment Account held in your name, your team stays in control at every approval stage. No money moves without you.
Watch our 45-minute on-demand product walkthrough with Josh Hutton, Operations Director at Axiom, recorded at the MarketPay launch. See how it brings buying and payments into one clean, connected experience - integrated directly with your ERP via cXML - that works for buyers, procurement, and suppliers.
What you’ll learn:
• Why most market solutions break down between buying and payment
• How our procurement agent removes manual effort and reduces errors across the flow
• What an end-to-end PO-to-payment process looks like in minutes, not weeks
• How MarketPay fits into the wider Axiom ecosystem
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