PYMNTS

OCTOBER 29, 2020

Smart cards are gaining popularity in the business world as the pandemic appears to be exacerbating the pre-existing problem of employees spending significant sums in the services of their companies only to then have to battle expense-reimbursement systems to get their money back.

Expense Management 70

Expense Management Expense Reimbursements B2B Maine 70

PYMNTS

NOVEMBER 4, 2020

Pleo has also added support for ATM cash withdrawals on its cards, while the company noted in a blog post that it also plans to roll out expense reimbursement capabilities within Pleo Pocket in the near future. Brex Beefs Up Rewards Program. Targeting eCommerce startups, commercial card company Brex has revamped its rewards program.

Expense Reimbursements 64

Expense Reimbursements AP Automation Spend Management B2B 64

PYMNTS

JANUARY 6, 2021

One of the most popular is to link a T&E solution to a corporate card product to facilitate integration of payment information; another strategy is to allow for employees to use personal payment methods and capture data after the fact to facilitate expense reimbursements.

Expense Reimbursements 112

Expense Reimbursements Expense Management Technology Entertainment 112

PYMNTS

OCTOBER 19, 2018

The enhancement supports employee expense reimbursements as well as micropayment disbursement and payment to employees for travel allowances to support mobile workforces, Microsoft said at the time.

Expense Management 55

Expense Management Employee Expense Reimbursement Expense Reimbursements Healthcare 55

PYMNTS

SEPTEMBER 23, 2019

Last week’s launch of the Mastercard Track Business Payment Service, designed to automate payments between the world’s suppliers and buyers, is just one sign that B2B payments are changing. This digital shift hasn’t affected all businesses equally, though. Virtual cards are a form of ePayables that act like a traditional credit card.

Construction 67

Construction Expense Reimbursements Agriculture Technology 67

PYMNTS

OCTOBER 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. PNC noted that it will deploy its own automated payments routing solution within its employee expense reimbursement program to optimize reimbursement payments made to staff. In a press release Friday (Oct.

Technology 40

Technology Employee Expense Reimbursement Expense Reimbursements B2B 40

PYMNTS

MARCH 31, 2020

Huilianyi was started in 2016 and is a software-as-a-service (SaaS)-based system for travel expense reimbursement. Huaxing Capital subsidiary Huaxing New Economic Fund headed up the Series C+ round. A Huaxing Capital official called the company “an absolute leader in the industry,” per a translated statement.

Expense Reimbursements 57

Expense Reimbursements Expense Management Start-ups Travel Expense Management 57

PYMNTS

JANUARY 29, 2020

Many of these tools are designed for consumers and not employers, however, and B2B financial innovation has proceeded at a much slower pace. Paper expense reports also leave SMBs vulnerable to fraud — intended or otherwise — from their employees, something they may not realize in time.

Tax 56

Tax Technology Spend Management Expense Reimbursements 56

PYMNTS

AUGUST 13, 2018

WeChat , an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. CoinDesk reported Friday (Aug.

Expense Management 41

Expense Management Expense Reimbursements Employee Expense Reimbursement Technology 41

PYMNTS

FEBRUARY 27, 2020

Payouts by Cashfree have been used by a number of businesses, including Delhivery, Xiaomi , Club Factory and Shell, for reasons as varied as vendor payouts, wage payouts, bulk refunds, expense reimbursements, loyalty and rewards and more.

Expense Reimbursements 52

Expense Reimbursements Maine accounted Account 52

PYMNTS

MARCH 9, 2020

The growing demand for real-time employee expense reimbursement and instant payroll has surprised TCH, for example, but RTP’s flexibility means it can be leveraged for such purposes without any adjustments to the network. Such actions ensure that the offerings remain relevant to emerging needs and unanticipated uses.

Employee Expense Reimbursement 81

Employee Expense Reimbursement Expense Reimbursements Government accounting and finance 81

PYMNTS

MARCH 13, 2020

despite a high prevalence of credit cards, corporate cards still make up only a small fraction of B2B payments volume. “All of these expenses require a credit card,” he said. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere. For instance, in the U.S.,

Expense Reimbursements 52

Expense Reimbursements Start-ups B2B 52

PYMNTS

JANUARY 27, 2021

Instead, schools will deploy a mix of purchasing avenues, including procurement via purchase order, or post-purchase expense reimbursement to teachers. It’s a tactic that creates silos and can fail to provide the level of control and transparency administrators need.

Spend Management 63

Spend Management Education Expense Reimbursements Spend Management Solutions 63

PYMNTS

JUNE 19, 2018

B2B payments may be slow to embrace disruption and innovation, but there is one category of corporate spend that may be ahead of the curve: business travel. Instead, 79 percent said they search through expense reimbursement reports to identify out-of-policy spend.

Expense Reimbursements 41

Expense Reimbursements Technology B2B Travel Expense Management 41

PYMNTS

MARCH 21, 2016

Providing the ability for our riders to automatically submit their receipts for expense reimbursement is a logical step forward in making trips more seamless.”.

Expense Reimbursements 40

Expense Reimbursements Expense Management Technology Travel Expense Management 40

PYMNTS

APRIL 4, 2018

The solution supports employee expense reimbursements, micro-payment disbursements and employee travel allowances to support businesses’ mobile workforces , Microsoft added. “We Microsoft said in its announcement that adding payment functionality enables firstline and mobile employees “to participate and complete business workflows.”.

Employee Expense Reimbursement 43

Employee Expense Reimbursement Expense Reimbursements Technology Expense Management 43

PYMNTS

JUNE 6, 2018

Australia and the United Kingdom that expense fraud has significant financial impact, costing firms in the U.S. Chrome River also cited findings from the Association of Certified Fraud Examiners (ACFE) that expense reimbursement fraud makes up as much as 17 percent of business fraud in general. alone as much as $1.9

North Carolina 43

North Carolina Non-Profits Expense Reimbursements Iowa 43

PYMNTS

SEPTEMBER 16, 2019

She pointed to the Report to the Nations report, published annually by the Association of Certified Fraud Examiners, which pointed to occupational fraud as the most significant fraud risk for both SMBs and corporates, while tax fraud similarly ranks high.

Technology 53

Technology Accounts Payable Automation accounts payable Expense Reimbursements 53

PYMNTS

JULY 25, 2018

and Australia, and found that adding extra padding in each expense item is among the most popular ways employees commit fraud. The Association of Certified Fraud Examiners (ACFE) said that expense reimbursement fraud accounts for 17 percent of all business fraud in the U.S.

Technology 48

Technology Expense Reimbursements Spend Management accounts payable 48

PYMNTS

JULY 26, 2018

Nearly a third of SMBs surveyed continue to use traditional expense reimbursement processes when drivers spend company money. Last year, research from fuelGenie found that many companies, particularly smaller firms (SMBs), are unaware of fleet technologies that support cost savings and improved ROI.

Finance 40

Finance Expense Reimbursements Technology B2B 40