Business spend management and expense allocation software for alternative asset managers
Stavtar Solutions builds StavPay, a spend-management and expense-allocation platform used by alternative asset managers. The tech stack is enterprise-heavy (NetSuite, SAP, Oracle, SQL Server) with solid QA infrastructure (Selenium, Cypress, TestNG), supplemented by cloud platforms (AWS, Azure) and modern frameworks (Django, Flask, Angular). Current project focus is on virtual card payables and payment APIs, while pain points cluster around scaling that virtual card business into a revenue driver and managing complex client implementations—suggesting the company is transitioning from a CFO-office tool into a fintech payments business.
Stavtar Solutions develops StavPay, a software platform that automates business spend management and expense allocation for alternative asset managers. Founded in 2017 by financial and technology professionals, the company operates across the United States, United Kingdom, and India from its New York headquarters. StavPay is deployed at more than 115 alternative asset management firms representing over $2.4 trillion in assets under management. The product integrates with major accounting platforms (NetSuite, SAP, Oracle, QuickBooks Online) and handles complex multi-entity spend workflows typical of large investment firms. Recent product momentum centers on virtual card payables capabilities and partner-ready payment APIs.
Stavtar's stack combines enterprise accounting systems (NetSuite, SAP, Oracle), cloud infrastructure (AWS, Azure), modern web frameworks (Django, Flask, Angular), and comprehensive QA tools (Selenium, Cypress, TestNG). SQL Server and Azure Monitor provide data and observability layers.
Current projects include end-to-end AP virtual card workflows, partner-ready payment APIs, real-time monitoring dashboards, and AI-driven support tools. The company is scaling virtual card payables as a core revenue stream and improving client onboarding processes.
Other companies in the same industry, closest in size