Remove B2B Remove Expense Reimbursements Remove Travel Expense Management
article thumbnail

How SMBs Prepare For A New Era Of Employee Expenses

PYMNTS

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.

article thumbnail

Corporate Travel Startup Huilianyi Raises $42M Amid Industry Turmoil

PYMNTS

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WeChat Tests Blockchain For Automated Employee Expense Management

PYMNTS

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.

article thumbnail

Corporate Travel Spend Isn’t Digitizing As Fast As Some Would Like

PYMNTS

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.

article thumbnail

T&E Firm Integrates With Uber — And Its Rival

PYMNTS

“With nearly 1 million people activating Business Profiles, business travel has become one of Uber’s fastest-growing segments,” said Uber for Business Lead Max Crowley in a statement at the time.