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ScaleFactor Adds SMB Card To Expense Management Offering

PYMNTS

Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. ScaleFactor noted that the cards do not charge annual fees, and data from these cards do not impact personal credit scores of business owners.

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Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. “It’s a very expensive form of financing,” Grant added. .”

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Capital On Tap Launches SMB Card With Receipt Bank

PYMNTS

The company announced that their partnership will enable small businesses to obtain greater control over company spend and streamline expense management processes. According to Capital on Tap and Receipt Bank, their expense management solution aims to help small firms more easily comply with the U.K.’s

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Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump.

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Xero Jumps In On Facebook Chatbot Trend

PYMNTS

Earlier this year, another small business accounting firm, Sage, debuted its own chatbot for the messaging platform, which followed the introduction of Tradeshift Go by the travel and expense management company, another chatbot using artificial intelligence.

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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

In a recent conversation with PYMNTS, Receipt Bank CEO Adrian Blair explained that this predicament is a massive opportunity for an emerging field of the small business accounting arena: the pre-accounting phase. He offered the example of a small business that has purchased an automobile. .

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Concerns over an economic downturn haven’t seemed to dissuade venture capitalists from backing B2B FinTech firms, with this week’s roundup including players in the small business (SMB) banking, corporate travel, expense management, alternative finance and data integration spaces. 2nd Address. ANNA Money.

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