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Today in B2B, trade finance technology provider Surecomp announces its newest marketplace partner, and Serko expands its expensemanagement offering into North America. Plus, Suplari launches new corporate spendmanagementsolutions, and PROS expands its Adobe partnership to help B2B business customers launch eCommerce operations.
The latest Workforce Spend Playbook showcases the shifting spendmanagementsolutions landscape and how improved services are affecting SMBs’ in-field expensemanagement, back-office operations and bottom lines. SpendManagementSolutions Are on the Rise. billion by 2026.
PEX, founded by Grant in 2006, offers software-as-a-service workforce tools designed for businesses not typically served by enterprise SaaS spendmanagementsolutions. And that’s the main theme of a discussion that Toffer Grant, CEO of PEX , recently had with Karen Webster as part of the PYMNTS “CEO Conversation Series.”.
The solution uses automated technology to categorize and codify relevant data from these documents in real time, thereby trimming the time employees and expensemanagers need to sort through them. Metro Bank is hoping a new feature that allows employees to take and instantly upload photos of such receipts will help fix that.
It is, thus, important for businesses to find spend software that can benefit both them and their employees, and 70 percent of spendmanagers cite expense control and financial visibility as top priorities when searching for tools and software in this area. The L atest Workforce Spend News.
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. Countless digital spendmanagementsolutions have entered the market to meet this growing demand.
The new Workforce Spend Playbook highlights the lat est spendmanagementtools, expense cards and workforce managementsolutions that are helping SMBs and their field-based staff to maximize efficiency on the front-lines of service and on the back-end of accounting. Investment bank J.P.
While fleets are essential, operating a network of vehicles can be messy for many SMBs, especially when it comes to reimbursing employees for on-the-job spending. Workforce and spendmanagementtools are being deployed to scrub the inefficiencies from SMBs’ reimbursement processes. About The Playbook.
Virtual solutions that can trace and track individuals’ spend and provide remote access to funds for critical supplies are perfectly poised for adoption in this new, digital-first home office ecosystem. Parpou said she believes that digital spendmanagementtools have the potential to become long-lasting.
Too often, however, the reconciliation becomes an afterthought in the spendmanagement process, and can be even more difficult for a company’s accounting department to address if paper receipts get lost. About the Workforce SpendManagement Tracker.
Project managers and construction workers often have to manage their funds, operating budgets and other related expenses themselves, and losing track of any of these components can increase the time to project completion and final costs. A lack of access to spendmanagementtools can add further delays and expenses.
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