PYMNTS

DECEMBER 9, 2020

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. Bringing Virtual Cards To A Virtual B2B World. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses.

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PYMNTS

FEBRUARY 7, 2019

Corporate expense management solution provider Coupa has updated its platform with new features targeting compliance and fraud prevention. These innovations deliver against our mission to continuously set the innovation agenda for our industry and make business spend management simpler, safer, and smarter for companies everywhere.”

Spend Management 57

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PYMNTS

AUGUST 19, 2020

This manual system has been a source of frustration for both workers and their employers for years, but the pandemic has exacerbated the systems’ deeper flaws and served as a catalyst for a wave of spend ma nagement innovation. For more on these stories and other recent headlines on everyday spending, download this month’s Playbook.

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B2B Spend Management Tools B2C Spend Management 93

PYMNTS

DECEMBER 26, 2019

Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. Employees now work on a global scale more than ever, and require expense products that can keep up with their expanded ranges of services. The L atest Workforce Spend News.

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PYMNTS

NOVEMBER 16, 2016

Runzheimer International has decided to step away from the corporate expense management industry. The company is reportedly exiting the space in favor of offering its clients’ expense management solutions, integrated from partners like Concur Expense and Databasics.

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PYMNTS

JANUARY 8, 2021

B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. And thanks to several nine-figure investment deals, BaaS, expense management, payroll and B2B eCommerce are now in the spotlight. Corporate spend management startup Divvy is now valued at $1.6

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B2B Technology payroll accounting and finance 81

PYMNTS

FEBRUARY 19, 2018

India expense management company Happay secured more funding after its Series B round, according to an unnamed source cited by VCCircle on Friday (Feb. The company also provides expense report generation tools, international travel cards and other card products based on spend category and scenario.

Expense Management 57

Expense Management Spend Management B2B 57

PYMNTS

APRIL 18, 2019

Airbase, a spend management company looking to consolidate a range of expense management processes for organizations, has announced new funding for its technology. In an interview with the publication, Founder and CEO Thejo Kote described the firm as “the first all-in-one spend management system.”

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Spend Management Expense Management Spend Management System accounting and finance 51

PYMNTS

JANUARY 30, 2020

When it comes to solutions, the latest Workforce Spend Playbook , a collaboration between PYMNTS and Bento for Business , is a compilation of the best spend management approaches currently available. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example.

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PYMNTS

JANUARY 27, 2017

This week, however, venture capitalists in the B2B FinTech space went global, hitting Australia, the U.S., Once again, it was a healthy dose of modest funding rounds for a varied B2B FinTech space, and we break down all of the $45.6 France and India. million raised. Commercial Cards. Corporate Travel. TripActions. Lighthouse.io.

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PYMNTS

OCTOBER 28, 2020

Distributed spend management platform Teampay will be integrating with Ironclad , a digital contracting platform, to help connect financial and legal workflows and streamline spend management, according to a Wednesday (Oct. 28) press release. Previously, the release notes, companies needed a contract to be signed.

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PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

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B2B accounts payable Spend Management Platform Expense Management 75

PYMNTS

JULY 12, 2019

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 startup that offers corporate spend management solutions in the U.K.,

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PYMNTS

DECEMBER 19, 2017

In addition to employee expenses, another key challenge for companies is the money they spend, and sometimes waste, on subscription services. In the quest to grab greater control over and visibility into company spend, Alex Bean, co-founder and COO of expense management company Divvy , said strategies must be proactive, not reactive.

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PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Around The B2B Payments For The Virtual Workforce World.

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Spend Management Tools B2B accounts payable Spend Management 107

PYMNTS

OCTOBER 31, 2016

B2B trade and spend management firm Tradeshift is not only expanding its operations in Australia, but it’s setting up new offices there. The tool uses artificial intelligence to aid professionals in their trade and expense management needs. The company announced Friday (Oct.

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PYMNTS

DECEMBER 30, 2019

At least those flames are casting light on flawed, outdated (even paper-based) expense management practices, as reported in the latest PYMNTS Workforce Spend Playbook. It’s not as if corporate travel managers don’t get it. Happiness Is Spend Management. Paper Receipts?

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PYMNTS

JANUARY 27, 2021

Public school budgets are tight, and whenever public funding is involved, it’s not only important to tighten the grip on spend, but to build transparency of the taxpayer dollars being used. But the spend management needs of the education system cannot entirely be met by a single solution that provides visibility into capital expenditure.

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PYMNTS

DECEMBER 28, 2018

In B2B payments and corporate finance, it wasn’t only bank-FinTech collaboration that made headlines in 2018. Here are some of the biggest stories of B2B payments collaboration from 2018. Last June, the company announced a partnership with B2B eCommerce platform Handshake to further that initiative.

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B2B payroll Spend Management Platform accounting and finance 73

PYMNTS

AUGUST 20, 2020

Parpou discussed in an interview with PYMNTS how the pandemic is creating unprecedented demand for digital improvements to legacy spend management systems and how such advances could change what constitutes everyday business spend for good. Going Digital To Stay Remote. Adding Value To A Post-Pandemic Marketplace And Beyond.

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PYMNTS

FEBRUARY 6, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. Blackbaud Purchase Cards are designed for “social good organizations” to digitize their accounts payable processes and enhance spend management for employees.

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PYMNTS

JANUARY 23, 2019

Mooncard, a France-based FinTech that provides businesses with payments cards and expense management solutions, has announced $5.7 Mooncard combines a physical card solution with a digital expense management platform to streamline the spend management process for businesses. In the U.S.,

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PYMNTS

JULY 25, 2019

A new corporate expense management company, Sweep , officially launched Wednesday (July 24), targeting startups and small businesses with automated spend tracking. According to the company, those data protection regulations have changed the way businesses must process their company expenses.

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PYMNTS

DECEMBER 30, 2019

To keep the bottom line buoyant, healthy and in the black: Plug the expense leaks. In an interview with Karen Webster, Farhan Ahmad, founder and CEO at B2B payments solution provider Bento for Business , took note of the fact that half of all small to medium-sized businesses (SMBs) cite cash flow management as their biggest challenge.

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PYMNTS

MAY 1, 2018

One of the nation’s most recent B2B FinTechs to land funding is Fyle, a small business expense management company that landed $1.1 Expense management [in India] has been manual for a really, really long time. ” According to Madhusudan, corporate spend management is an issue of data.

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PYMNTS

JUNE 17, 2020

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. Amadeus B2B Wallet Expands Functionality.

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PYMNTS

MARCH 1, 2018

But these popular apps, which started as consumer-facing tools but have each made recent steps to embrace business travelers , don’t paint the entire picture of ground transportation for the corporate world, said Tobi Mac, founder and CEO of FlitWays Technology , and complexity in this space can make spend management increasingly difficult.

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PYMNTS

SEPTEMBER 15, 2017

The vast majority also said that small business (SMB) owners that mix personal and business-related expenses are making it much more difficult for their accountants to manage the books. Today’s expense management space offers small businesses a flurry of options that they can integrate into their existing operations.

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PYMNTS

SEPTEMBER 6, 2019

Corporate expense management solution provider Divvy is expanding its product offering with the introduction of Bill Pay, announced Thursday (Sept. Bill Pay, paired with the rest of the Divvy platform, offers financial leaders a single source for all their spend and expense management needs.”.

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PYMNTS

MAY 22, 2018

Sage will offer its small business customers of its accounting and business services offerings in Spain B4B Payments’ existing expense management prepaid card solution. A report published by Sage late last year found 17 percent of all B2B payments in the U.K. spend an average of 15 days chasing late invoice payments.

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PYMNTS

SEPTEMBER 6, 2018

Inadequate expense management processes have businesses wasting time. SME Spend Management Report 2018 ,” is the result of the corporate spend management solution provider’s examination into how businesses track and manage employee spend. The report, “ U.K.

Expense Management 40

Expense Management Spend Management Spend Management Solutions accounting and finance 40

PYMNTS

JUNE 27, 2016

Mention B2B and supply chains and it may be that the most readily conjured imagery focuses on manufacturing or cross-border transactions or bulk orders of everything from nails to paper.

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Expense Management Education B2B Spend Management 40

PYMNTS

MARCH 7, 2018

Spend management is among the largest challenges for small business owners, according to research. Center, a spend management firm, released a report last year which found that entrepreneurs struggle to set flexible spending goals and lack real-time visibility into spend data and budgets.

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PYMNTS

OCTOBER 15, 2020

Modernizing corporate spend could be the solution to businesses' issues, PYMNTS reported , with digital spending the new way to help support a system based around working from home. Countless digital spend management solutions have entered the market to meet this growing demand," PYMNTS reported.

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PYMNTS

JULY 9, 2019

Soldo, a company offering corporate spend management solutions, has announced a Series B funding round, according to a Monday (July 8) report in Yahoo! “There are companies like Square , Adyen and Stripe who manage payments going into the company,” he said. Operating in the U.K.,

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Spend Management Expense Management Spend Management Solutions Finance 40

PYMNTS

SEPTEMBER 6, 2018

corporate expense management solutions provider Fraedom , which was recently acquired by Visa , will be providing its commercial card technology to U.S.-based ” said Uma Wilson, UMB senior vice president and director of product management, in a statement.

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PYMNTS

NOVEMBER 7, 2017

When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how employees spend corporate money while away from the office. David Peterson, CEO of small- and medium-sized business (SMB) expense management company Penny, Inc.

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