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Six corporate travelexpensemanagement and accounts payable (AP) solution providers are combining into a single company to form Emburse , according to a press release Thursday (Jan. Abacus, Captio, Certify, Chrome River, Nexonia and Tallie are merging together to integrate each other’s T&E and AP solutions.
But the largest venture capital funding round went to an accounts payable automation firm in the U.S. TravelExpenseManagement. Corporate travel and expensemanagement startup Baoku Online, based in China, secured Series A funding , the firm said Monday (Nov. with an $18 million investment.
That’s when six corporate travelexpensemanagement and accounts payable (AP) solution providers announced they would join forces and combine into a single company called Emburse , according to a press release. We are so much stronger as one company,” said new Emburse CEO Eric Friedrichsen.
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