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billion expensemanagement pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. With the debut of Emburse, pundits are applying “next gen” to current goings-on in the spendmanagementsoftware space.
Payhawk is the leading spendmanagement solution for domestic and international businesses throughout Europe, the US, and the UK. Combining company cards, reimbursable expenses, accountspayable, and seamless accountingsoftware integrations into a single product, Payhawk makes business payments easy — for everyone.
In B2B FinTech, spendmanagement is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. But there is an opportunity in consolidating spend data across platforms, he told PYMNTS, and it starts with bringing spendmanagement and payments closer together.
Given recent economic fluctuations, it’s understandable that many SMBs are looking for simple, efficient ways to better understand what is happening with their expenses. Cash flow is tight for many SMBs, and business owners need greater visibility into their cash flow to mitigate the impact of unexpected expenses.
Speaker: Spencer Falbo, Principal at Kong Basile Consulting
For a long time, the market has offered point solutions for accountspayable, such as bill payment, expensemanagement, travel software, and corporate cards. These instruments have aided in the automation of workflows for various aspects of non-payroll spending. The solution?
Airbase represents an exciting opportunity to expand our relationship with our nearly 40,000 clients to offer an integrated software platform for running their business operations while also offering a very compelling value proposition for prospects across our target market.” Canada, India, and the Philippines.
Business expensemanagement company Teampay revealed in a press release a $12 million fundraise led by Tribe Capital, the company said this week. Teampay offers companies spendmanagementsoftware designed to manage procurement and employee spend with a focus on the employee user experience and company policy enforcement.
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