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Workforce Spend Sector Gets Busy

PYMNTS

billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. The March 2020 PYMNTS Workforce Spend Tracker gets into that deal, and complex marketplace dynamics behind it, as we gauge spend management shifts in early 2020. Follow the AI Money.

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Paylocity to Acquire Airbase in $325 Million Deal

CPA Practice

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.