This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It’s a new year in a new decade of the 21 st century, but paper expense reports, paper receipts and paper reimbursement checks are still with us. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example. Tax Time, and Time as a Commodity.
Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expensemanagement and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 startup that offers corporate spendmanagementsolutions in the U.K.,
Today in B2B, trade finance technology provider Surecomp announces its newest marketplace partner, and Serko expands its expensemanagement offering into North America. Serko Rolls Out ExpenseManagement Tool In North America. PROS To Work On B2B eCommerce Operation Launches.
Inadequate expensemanagement processes have businesses wasting time. SME SpendManagement Report 2018 ,” is the result of the corporate spendmanagementsolution provider’s examination into how businesses track and manage employee spend. The report, “ U.K.
Corporate expensemanagement platform Captio announced a $1.12 The firm said it will use the latest funding round to help fuel expansion of its travel and spendmanagementsolutions. The firm said it will use the latest funding round to help fuel expansion of its travel and spendmanagementsolutions.
Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spendmanagement. Bringing Virtual Cards To A Virtual B2B World. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses.
As the B2B payments landscape modernizes, the payments technology company is ramping up its innovation efforts to drive further adoption of commercial cards with value-added services. In its most recent initiative, American Express announced the rollout of its accounts payable solution, American Express One AP. . Now, with $10.2
A press release Monday (July 29) said Certify/ChromeRiver have reached a deal to acquire Emburse , a startup that provides virtual and physical commercial cards to manage employee spend as well as vendor payments. Emburse will first be integrated into the Abacus expensemanagement platform, the companies said.
This week’s look at the latest in commercial card innovation explores the latest technology offerings adding new incentives for businesses to make that switch, from cash-back rewards to streamlined employee expensemanagement and faster access to earned revenues. SumUp Wields Cards For Faster Revenue. Ramp Banks On Cash-Back.
It is, thus, important for businesses to find spend software that can benefit both them and their employees, and 70 percent of spendmanagers cite expense control and financial visibility as top priorities when searching for tools and software in this area. The L atest Workforce Spend News. About The Playbook.
SalesTrip , a new corporate travel expensemanagement firm, is launching its product this week in the U.K. The company has integrated a travel booking and spendmanagementsolution that it says is the first to operate on Salesforce , reports in Realwire said on Wednesday (Feb.
in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. A $7 million Series A funding round was secured this week by TravelPerk , a corporate travel solutions platform that provides booking, budgeting and spendmanagementsolutions to corporate clients.
A lack of spendmanagementsolutions leads many teachers to fall back on their consumer shopping habits when making purchases with school money, he explained. BuyQ’s recent initiative to address these challenges includes a partnership with expensemanagementsolutions provider PEX.
Corporate expensemanagement company Certify is stepping into the procure-to-pay arena with the launch of Certify Purchasing, announced Thursday (Jan. The solution, designed for finance professionals, enables automated procurement-related tasks, including requisitions and supplier payments.
Corporate expensemanagement company Expensify is rolling out a commercial card product to augment its solution. Previously, the company also rolled out software to provide spendmanagementsolutions for self-employed and freelance professionals in support of cash flow management and tax filing.
Soldo, a company offering corporate spendmanagementsolutions, 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.,
More than $150 billion in B2B payments remain unreconciled within U.K. The data, covered by FinancialDirector reports, stems from a survey of 4,000 small- and medium-sized businesses (SMBs) that reveal cashflow crunches as they struggle to reconcile payments and efficiently managespend.
WEX is lending its B2B payments capabilities to the enterprise software services of Apptricity. An announcement by the companies Thursday (July 26) revealed news that Apptricity is integrating WEX’s corporate payment solutions into its own offering of automated supply chain, travel and expense (T&E) and spendmanagementsolutions. “We
Businesses with less incoming revenue have reduced wiggle room when managing their budgets, which has resulted in a dramatic uptick in the demand for digital tools that can help accounting and financial departments monitor transactions and rein in excess spending.
“Managing travel and expense constitutes a huge spend for businesses of all sizes, whether domestic or international,” explained Strafford-Taylor, adding that FairFX works with corporations from FTSE 100-listed firms to independent traders. The Prepaid Plan. Industry Shakeup.
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 spendmanagementsolutions have entered the market to meet this growing demand," PYMNTS reported.
With professionals coming in and out of schools as facilities close and reopen, and with many teachers disbursed to their homes, spendmanagementsolutions must be flexible in order to empower staff to buy what they need to keep students learning — without wasting or misusing public funds.
France-based Spendesk, which offers corporate card and employee spendmanagementsolutions, has raised $2.2 million, according to reports Tuesday (Jan. Reports by TechCrunch said Spendesk secured the funding from Kima Ventures, Funders Club and angel investors Edward Lando, Nicolas Steegmann and Frédéric Montagnon.
This Expense module provides the next step in real-time spend insight and control.” ” The solution aims to tackle a common problem in spendmanagement, the company explained.
It is still unclear whether the post-pandemic workforce will be primarily remote or on-site, but the potential benefits of implementing a decentralized virtual spendmanagement system extend beyond providing individuals with the funds they need to perform their jobs effectively from the safety of their homes.
Enterprise spendmanagementsolution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov.
And with cost reduction as an imperative focus for financial professionals today, visibility into spend — across categories and payment rails — and cross-system integrations could be the right track for spendmanagementsolutions like Divvy.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content