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Is your finance team getting the love and attention they deserve? Typically overworked and underappreciated, finance teams are a serious flight risk. In fact, the Wall Street Journal reports that more than 300,000 accountants and auditors quit over the last two years, and the effects of those losses can be significant.
The survey revealed that the majority of participants consider “managing liquidity risk and overseeing financial risk management” to be crucial priorities. An automated, consolidated spendmanagementplatform helps treasury departments gain the visibility and control they need to build responsiveness for a turbulent economy.
But it’s more critical than ever that we not rely on “good enough” processes that cost more, expose us to risk, and place an increased burden on our teams to spend extra hours on manual tasks. The benefits of a better process accrue to both Finance and the total employee population. Set up now for future success.
LeaseQuery , a provider of software built to empower accounting and finance teams by simplifying the complex, has acquired Stackshine, a SaaS spendmanagementplatform designed to help companies track and optimize their software spend and usage.
LeaseQuery , a provider of software built to empower accounting and finance teams by simplifying the complex, has acquired Stackshine, a SaaS spendmanagementplatform designed to help companies track and optimize their software spend and usage.
If you’re like most finance professionals right now, you’re keeping a close eye on spending. With so much uncertainty about the future, finance leaders are focusing on investments with rapid impact. Evaluating the time-to-value of a spendmanagementplatform. ROI within six months. Ease of use and adoption.
Few milestones in a company’s lifecycle demand a more focused response from finance and accounting than the first external audit. Cleaning up your technical accounting data in preparation for your audit will make your life easier. Advice for the accounting leaders. Schedule a demo today. first appeared on Airbase.
Some of these have transitioned to public companies and continue to rely on our spendmanagementplatform since it can grow and adapt as their processes change. What is change management? Change management is a systematic approach to navigating transitions for a company. And why does it matter?
New tools that give visibility into subscription spending, like Airbase, help the finance department to be the unifying glue across the company. Finance can identify duplicate spend and opportunities for savings. Airbase’s spendmanagementplatform improves collaboration through configurable, cross-functional workflows.
Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spendmanagementplatform, or Reckon , a small business accountingplatform that recently rolled out an SME lending feature thanks to Prospa. But not all commercial cards are created equal.
HR and payroll software solutions provider Paylocity has struck a deal to acquire spendmanagementplatform Airbase for $325 million, the companies said in a media release on Sept. The deal is being funded by borrowings under Paylocity’s revolving credit facility. Canada, India, and the Philippines.
As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.
This week’s examination of the latest tie-ups include a new partnership between Coupa and BNP Paribas, as well as a broader discussion of the impact of “open finance” on small businesses by Plaid. “We are also having a great dialogue with companies throughout the whole region on how to leverage Banking-as-a-Platform.”
In B2B payments and corporate finance, it wasn’t only bank-FinTech collaboration that made headlines in 2018. The biggest story in this arena was payroll company Asure Software announcing in April that it reached an agreement to acquire Wells Fargo’s payroll assets, including the Wells Fargo Evolution payroll platform.
According to reports, banks are looking for alternatives to the traditional data aggregation tactic of screen scraping, which requires users of financial services platforms to provide their usernames and passwords to their online banking accounts to share financial information with that platform. Soldo Connects With NatWest.
In its latest move, Visa announced a deal to acquire Fraedom , a longtime partner that provides expense management technology to FIs and direct to businesses. “They’ve been great in reporting and spendmanagement, and in moving their solutions into digital,” Phalen said.
QuickBooks Online is a popular accounting software for small businesses and it provides a range of bill pay options. Corpay One joined us on a series of our workshops on " Digitizing Your Back Office " as a way to transform your small Business or accounting practice. Advantages if Corpay One All in in one SpendManagementPlatform.
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