PYMNTS

DECEMBER 26, 2019

Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. Card network American Express is also searching for ways to entice SMBs to use its expense services, announcing a new corporate spend management program for startups. About The Playbook.

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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

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

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At least those flames are casting light on flawed, outdated (even paper-based) expense management practices, as reported in the latest PYMNTS Workforce Spend Playbook. In the age of platforms, more firms are consolidating expenses into dedicated solutions that address worker complaints and bring new transparency to spend management.

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PYMNTS

JANUARY 15, 2021

Nicki Bisgaard , CEO and founder of EedenBull, said in the report that the new partnership “underlines our progress in offering best-in-class payment and spend management technology to the banking community globally.”. “We The platform can help SMBs prevent losses by making sure they use best practices.

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PYMNTS

AUGUST 26, 2019

The rise of the gig economy and the popularity of remote work are among the factors that are laying bare the need for better spend management systems and technology. The immediate goal is to move such spend management systems for field technicians away from their reliance on cash and checks.

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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

FEBRUARY 7, 2019

6) announcing updates to its Coupa Business Spend Management Platform, including artificial intelligence (AI)-powered fraud prevention, global compliance controls and enhancements to supplier management and procure-to-pay functionality. The company issued a press release Wednesday (Feb.

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PYMNTS

SEPTEMBER 2, 2020

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions.

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PYMNTS

JULY 30, 2020

Corporate spend management company Center unveiled a Mastercard -powered Center® Corporate Credit Card and a QuickBooks Online Connector on Thursday (July 30). The Comdata, Inc.

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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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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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PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. The plan is now open for public comment, reports said. Mailprotector.

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PYMNTS

DECEMBER 11, 2020

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

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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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PYMNTS

NOVEMBER 9, 2018

IT spend management solutions provider vCom Solutions is upgrading its mobile app for iOS and Android devices, the company said this week. Researchers have found that increases in corporate investments in IT, including software-as-a-service, have presented new challenges to managing spend.

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PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. It’s an attractive market indeed for investors, with not one, but two Brazilian B2B FinTechs making this week’s venture capital roundup. Until then, PYMNTS rounds up the most recent B2B FinTech investment rounds below. Authenticiti.

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PYMNTS

APRIL 2, 2018

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures. Controlling spend doesn’t have to mean giving employees less capital to work with, said Duvedi.

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PYMNTS

MAY 11, 2018

Coupa has rolled out enhancements to its business spend management (BSM) solution, the firm revealed this week. The enterprise spend management company announced at its annual Inspire conference the addition of voice activation using Amazon Alexa to manage inventory, locate items, and reorder stock.

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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

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

JULY 19, 2018

It’s a phrase that can cause several types of jobsite headaches — stepping away from a project to hit a hardware store with petty cash, for instance, or calling the boss to gain approval to go over a card spending limit. Spend Management Change. Spend Management Misconception. Time Is Money.

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PYMNTS

JANUARY 22, 2021

Today in B2B payments, TripActions announces new funding that values the T&E startup at $5 billion, while OneSource Virtual launches invoice payment capabilities. Plus, iBanFirst launches B2B payment traceability tool, Georges rebrands with new funding, and HashCash partners with a bank on blockchain payments. 21) blog post.

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PYMNTS

DECEMBER 30, 2019

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. To keep the bottom line buoyant, healthy and in the black: Plug the expense leaks.

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PYMNTS

NOVEMBER 6, 2019

Enterprise spend management solution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov.

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PYMNTS

JUNE 8, 2020

In the announcement , the companies said the acquisition will help Ahmedabad-based Infibeam offer better B2B payment services. Cardpay , based in Bengaluru, India, offers a spending management platform to corporations under the brand name “Grit.” “Payments-led lending is the new growth mantra for us.

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PYMNTS

DECEMBER 1, 2017

Corporate eProcurement spend management company JAGGAER plans to acquire BravoSolution , the companies announced this week. In a news release , JAGGAER said it would acquire BravoSolution from Italmobiliare in a deal that will make the company the “largest independent, vertically focused spend management solutions company in the world.”

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PYMNTS

SEPTEMBER 26, 2018

Visa is expanding the testing of its B2B payments technology, B2B Connect , into Thailand, according to reports. The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. ” Visa began testing the B2B payments solution earlier this year with UnionBank in the Philippines.

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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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PYMNTS

JANUARY 15, 2021

Centralizing data into a single system across a range of functions — including invoicing, payments, spend management and more — means faster access to the vital information necessary to make decisions.

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PYMNTS

DECEMBER 27, 2019

B2B payments innovation continued to heat up in 2019, with an ecosystem focused on transaction speed and data integration finding new opportunities to build innovative solutions that address some of the biggest B2B payment friction points. The Moving Target of B2B Friction. B2B Payments Digitization’s Next Frontier.

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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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PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Behind Sysco’s Spend Management Switch To Cards. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. Trackers and Reports.

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PYMNTS

MARCH 2, 2020

Software as a Service (SaaS) management firm Zylo has established a partnership with vCom Solutions, which works in IT spend and lifecycle management, the companies announced Monday (March 2), according to Yahoo Finance.

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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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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! Operating in the U.K., Ireland and Italy, Soldo said it secured the latest funding, to the tune of $61 million, from U.S.-based

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Airbase

FEBRUARY 3, 2023

Not only do multiple systems cost more, but the modern approach to spend management does a better job. It’s designed to control spending and streamline the interrelated, and continuous workflows associated with the process from intake to the final booking. Build for scale to avoid the need for future action.

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