PYMNTS

OCTOBER 30, 2019

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

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PYMNTS

APRIL 23, 2019

Too often, however, the reconciliation becomes an afterthought in the spend management process, and can be even more difficult for a company’s accounting department to address if paper receipts get lost. The Latest Workforce Spend Management News. Deep Dive: Teaching Spend Management in Charter Schools.

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PYMNTS

JUNE 17, 2020

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. Expensify Links Cards To Booking.

Spend Management 67

Spend Management Expense Management Spend Management Platform Technology 67

PYMNTS

JANUARY 8, 2021

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 The company targets small and medium-sized businesses with payroll and human resources technologies.

B2B 81

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PYMNTS

DECEMBER 20, 2018

Payroll company ADP recently estimated that as much as 80 percent of U.S. A rise in freelancers, gig workers and remote employees isn’t just changing how these professionals are compensated, but imposing changes on companies’ expense management processes as well.

Expense Management 57

Expense Management accounts payable Spend Management accounting and finance 57

PYMNTS

DECEMBER 28, 2018

The company announced in February that it would acquire the expense management Software-as-a-Service (SaaS) firm that already underpins Visa’s IntelliLink Spend Management platform, designed for commercial and small business (SMB) customers. Billtrust, Flywire Join Forces For X-Border.

B2B 73

B2B payroll Spend Management Platform accounting and finance 73

PYMNTS

AUGUST 21, 2020

Sales are falling as consumers curb their spending, resulting in cash flow crunches that are pressuring businesses to stick to their budgets and pursue innovations. Managing Cash Flows During the Crunch. percent of SMBs with brick-and-mortar presences have delayed payroll payments to alleviate the strain on their finances, while 18.1

Spend Management Tools 71

Spend Management Tools Spend Management Spend Management Solutions Healthcare 71

CPA Practice

SEPTEMBER 1, 2023

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.

Technology 116

Technology Start-ups accounts payable accounting firms 116

PYMNTS

SEPTEMBER 12, 2017

Two forces are currently at work that may stand to reshape the way small businesses (SMBs) manage their cash. On one hand, finds the latest report from spend management firm Center, companies are eager to take a new approach to how they budget and handle costs.

Spend Management 53

Spend Management accounting and finance Finance Expense Management 53

Accounting Insight

FEBRUARY 2, 2023

The power of automation is changing the way we work, and expense management is no exception. This story might sound familiar if you haven’t yet adopted a spend management solution that includes Visa corporate cards and expense management software. But how can companies achieve this?

Technology 52

Technology Spend Management Solutions Expense Management accounting and finance 52

PYMNTS

JUNE 10, 2020

Corporate spend management platform Coupa is expanding availability of virtual commercial card payments as a result of a partnership with BNP Paribas , according to a press release from the financial institution. “Open finance will allow faster payroll, simpler expense management and streamlined invoicing and budgeting.”

accounting and finance 52

accounting and finance Finance Spend Management Platform Spend Management 52

PYMNTS

JUNE 21, 2019

In India, where investors have shied away from alternative nonbank financial companies as of late, one small business (SMB) lender managed to secure an impressive funding round. Other investment targets included a Chinese B2B eCommerce platform with a niche focus, an InsurTech startup targeting gig workers and corporate spend management firm.

B2B 43

B2B Technology Spend Management payroll 43

PYMNTS

JULY 25, 2018

While the conversation may be dominated by corporates’ ongoing use of paper checks, one would be hard-pressed to find a company that uses only paper checks for everything — payroll, AP and so on. But it’s not the only thing businesses are trying to get rid of when it comes to company spend.

Technology 48

Technology Expense Reimbursements Spend Management accounts payable 48

PYMNTS

APRIL 11, 2017

Reports said the corporate spend management company will acquire Trade Extensions, a company that operates in the eSourcing and strategic sourcing space, for $45 million — $41 million in cash and $4 million in stock issued to employees, according to reports.

payroll 46

payroll Spend Management Finance Tax 46

PYMNTS

SEPTEMBER 24, 2019

This is why solar installation company Borrego Solar Systems is managing expenses with payment cards instead. Tom Skraby, the company’s vice president of finance, explained that expense management company Bento’s payment cards have helped its field-based workers avoid work-related expenses and kept projects moving.

Construction 40

Construction Expense Management Spend Management Massachusetts 40

PYMNTS

JULY 4, 2018

February’s announcement that Visa would acquire long-time expense management partner Fraedom was the latest in a string of B2B payments initiatives for the credit card company. On-demand payroll is also emerging as a top use case for Mastercard Send, according to Shari Krikorian, senior vice president at Mastercard Worldwide. “On-demand

B2B 40

B2B Spend Management Spend Management Platform payroll 40

Snyder

NOVEMBER 16, 2022

QuickBooks Online is cloud-based accounting helping small businesses manage their finances, including income, expenses, payroll, and more. Business types: QuickBooks accounting can be the great choice for small and medium-sized businesses that need accounting with payroll. QuickBooks Online. Source: freshbooks.com.

accounting software 52

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PYMNTS

APRIL 19, 2017

Wirecard Card Solutions will issue prepaid cards, both physical and virtual, in a collaboration using AFEX and Global Processing Services technologies to provide business clients with employee spend and payroll services, the companies said.

Construction 40

Construction payroll Legal Technology 40

CPA Practice

NOVEMBER 22, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Ramp , a finance platform that uses AI and other machine learning technologies to automate AP, expense management and spend management. RAMP is a spend management program now don’t hang up just because I’ve said spend management.

Technology 105

Technology NetSuite Spend Management quickbooks 105

PYMNTS

JULY 2, 2020

This week’s commercial card innovation roundup includes initiatives in areas like employee expense and small business credit, but some of the biggest disruption emerges in the payroll card arena thanks to a recent court decision and companies’ accelerating abandonment of physical paychecks.

payroll 83

payroll New York Legal Technology 83

CPA Practice

SEPTEMBER 5, 2024

HR and payroll software solutions provider Paylocity has struck a deal to acquire spend management platform Airbase for $325 million, the companies said in a media release on Sept. Expense management: Proactively request, approve, and reconcile expenses via web or mobile app with real-time reimbursements.

Procure to Pay Platform 52

Procure to Pay Platform Accounts Payable Automation Spend Management Platform Approval Workflows 52

Shay CPA

FEBRUARY 26, 2025

A variety of tools exist to automate and consequently streamline key accounting tasks like: Accounts receivable Accounts payable Expense management Payroll Month-end close Shrimanker even has a few specific recommendations here. For spend management and accounts payable, he suggests looking into Rho.

Technology 52

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