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Airbase is the highest-ranked mid-market spendmanagementplatform on G2 for the fourth quarter in a row! We hold the coveted top position on the Mid-Market Grid ® Report for SpendManagement, Spring 2023. G2 classifies mid-market companies as those with 51 to 1,000 employees. How to read the G2 Grid.
Also focusing its corporate card offering on expensemanagement is Payhawk , which has announced a partnership with Wirecard to roll out commercial card products, PYMNTS reported. The companies revealed that their collaboration supports expensemanagement and integrated budgeting and spend control.
Alternative lending platforms integrating with providers of other financial services has become a new norm. Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spendmanagementplatform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa.
While there may be a flurry of solutions for the enterprise to managespend across a variety of business operations — accounts payable, travel and expensemanagement or procurement — rarely do these solutions meet the spendmanagement needs for all three areas.
Corporate expensemanagement solution provider Coupa has updated its platform with new features targeting compliance and fraud prevention. The company issued a press release Wednesday (Feb.
Corporate expensemanagement firm Chrome River is collaborating with India-based travel company Yatra , the companies announced on Monday (May 14). Rich added, “In addition to the need for increased control and visibility into spend, companies are looking for expense reporting solutions, which work across any mobile platform. .”
Enabling B2B Payments For The Virtual Workforce , a PYMNTS and ConfermaPay collaboration, explores how businesses are using digital spendmanagement tools from cloud-based spendmanagementplatforms to virtual cards to reshape their payments operations to meet the needs of their decentralized workforces.
Spendesk provides physical and virtual card solutions for businesses to manageexpenses and control employee spend, and its latest funding comes as the company prepares to launch a mobile app that enables employees to take receipts of their purchases and automatically upload that data onto the spendmanagementplatform.
Distributed spendmanagementplatform Teampay will be integrating with Ironclad , a digital contracting platform, to help connect financial and legal workflows and streamline spendmanagement, according to a Wednesday (Oct. 28) press release.
Small- to medium-sized business (SMB) spendmanagementplatform Spendesk has landed an $18 million investment in addition to its $38 million Series B round in 2019. Spendesk provides a spendmanagement offering that gives further visibility and digitization to finance workforces. Spendesk Lands $18M Investment.
Separately, in an effort to stymie fraud, corporate expensemanagement solution provider Coupa has updated its platform. The FT had reported that Edo Kurniawan, who heads accounting operations in the Asia Pacific, had been accused of forging and backdating contracts.
HR and payroll software solutions provider Paylocity has struck a deal to acquire spendmanagementplatform Airbase for $325 million, the companies said in a media release on Sept. Expensemanagement: Proactively request, approve, and reconcile expenses via web or mobile app with real-time reimbursements.
The expensemanagement company already powered Visa’s IntelliLink SpendManagementplatform, but the takeover signaled Visa’s investment in not just promoting commercial card adoption, but integrating new functionality to streamline payments and add new features for its corporate customers.
The company announced in February that it would acquire the expensemanagement Software-as-a-Service (SaaS) firm that already underpins Visa’s IntelliLink SpendManagementplatform, designed for commercial and small business (SMB) customers.
One team may be using Management Software A, while another team may be using Management Software B, despite both providing the same service like project or expensemanagement. Take, for example, a large company with multiple teams.
The big action in corporate spendmanagement is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expensemanagement pie), a group of competitors has merged into a new company to challenge SAP’s category dominance.
Morgan recently collaborated with spendmanagement solution provider JAGGAER on a new solution for education, public and commercial industries. Under the terms of the deal, JAGGAER will provide a virtual commercial card that can integrate with the JAGGAER One spendmanagementplatform, enabling users to streamline purchasing processes.
Corporate spendmanagementplatform 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 expensemanagement and streamlined invoicing and budgeting.”
This does not do expensesmanagement as with other bill pay solutions Melio Melio is a bill payment platform that integrates with QuickBooks Online. Advantages if Corpay One All in in one SpendManagementPlatform. Cashback - 1% on >50K spend - 1.5 <50K over allotted 5/40/Unlimited $0 $0.35 $0.49
In its latest move, Visa announced a deal to acquire Fraedom , a longtime partner that provides expensemanagement technology to FIs and direct to businesses. “They’ve been great in reporting and spendmanagement, and in moving their solutions into digital,” Phalen said.
businesses to connect their bank account data directly into Soldo’s business spendmanagementplatform. Another U.K. B2B FinTech, Soldo , announced a data integration with NatWest , allowing U.K. Soldo said it is partnering with NatWest’s Rapid Cash offering. ” VoPay Embraces Open Banking In Canada.
February’s announcement that Visa would acquire long-time expensemanagement partner Fraedom was the latest in a string of B2B payments initiatives for the credit card company. Visa Buys Fraedom.
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