Remove Accounts Payable Automation Remove Spend Management Remove Spend Management Software
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Paylocity to Acquire Airbase in $325 Million Deal

CPA Practice

HR and payroll software solutions provider Paylocity has struck a deal to acquire spend management platform 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.

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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

An employee could buy a software product that creates security risks, for example, or a company could waste thousands in duplicate subscriptions. Despite the influx of spend management software products, all designed to make employee spending easier to manage, many of these gaps remained.

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Workforce Spend Sector Gets Busy

PYMNTS

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. Follow the AI Money.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Teampay offers companies spend management software designed to manage procurement and employee spend with a focus on the employee user experience and company policy enforcement. Teampay plans to use the money to focus on product development and team growth within the U.S.,

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