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Why Sysco Turned The Page On Manual Expense Management

PYMNTS

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. One such firm is management and distribution company Sysco , which distributes food and beverage products to restaurants, healthcare and educational facilities.

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Amid Travel Bans, Corporate Expenses See Surprising Uptick

PYMNTS

Shifting Spend. It’s undeniable that travel bans and social distancing requirements have had a negative impact on many organizations within the travel and hospitality industry, and have consequently lowered corporates’ spend on business trip-related activity. . Embracing The Technology Mix. ”

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Deep Dive: Fixing Corporate America’s Everyday Spending Problem

PYMNTS

This month’s Deep Dive explores the numerous ways in which pandemic-driven financial strains are prompting businesses to invest in digital spend management tools, the solutions they are investing in and the extent to which such offerings can alleviate businesses’ spending pain points. Managing Cash Flows During the Crunch.

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CAS 101: Building a CAS Practice

CPA Practice

If your firm is already providing some CAS offerings, such as expense management, payroll or accounts payable, the transition to a full CAS practice might be even easier. Your practice is probably working on some of these processes internally already, so the switch to providing it as a service is not a large jump.

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Why Banks Withhold Cards From Startups ? Even With VC Funding

PYMNTS

In the first quarter of this year, KPMG said in a recent report that there were five $1 billion-plus mega-venture capital rounds, and analysts say venture capitalists (VCs) are diversifying their investment targets as emerging focuses, from artificial intelligence (AI) to healthcare, build excitement.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Business expense management company Teampay revealed in a press release a $12 million fundraise led by Tribe Capital, the company said this week. Teampay offers companies spend management software designed to manage procurement and employee spend with a focus on the employee user experience and company policy enforcement.

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Deep Dive: Spend Solutions To Help Charitable Organizations Spread Cheer

PYMNTS

Yet, as these organizations demonstrate their fundraising strengths, they might also consider turning to spend management solutions to help record how their money is being spent. Religious and nonprofit organizations’ missions differ from those of for-profit businesses, but they face many of the same expenses.