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LeaseQuery , a provider of software built to empower accounting and finance teams by simplifying the complex, has acquired Stackshine, a SaaS spendmanagementplatform designed to help companies track and optimize their software spend and usage.
LeaseQuery , a provider of software built to empower accounting and finance teams by simplifying the complex, has acquired Stackshine, a SaaS spendmanagementplatform designed to help companies track and optimize their software spend and usage.
The survey revealed that the majority of participants consider “managing liquidity risk and overseeing financial risk management” to be crucial priorities. An automated, consolidated spendmanagementplatform helps treasury departments gain the visibility and control they need to build responsiveness for a turbulent economy.
Evaluating the time-to-value of a spendmanagementplatform. Time-to-value is an important consideration for spendmanagementplatforms because of the wide range of users. In today’s focus on smart and resilient growth, you can’t afford to miss out on the ROI of a spendmanagementplatform.
Instead of tasks like matching POs to invoices, they can play an active role in improving revenue, finding ways to eliminate wasted spend, and participating in FP&A functions. Diana Ngo, Senior Director of Finance at YourMechanic , noticed this dynamic after her team adopted Airbase’s spendmanagementplatform. “Our
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.
Among the new products is Q Business, EedenBull’s spendmanagementplatform that offers what it calls a sophisticated yet simple solution to digitize check and cash processing. The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.
Airbase is a spendmanagementplatform that provides full visibility and control over all non-payroll spend. Would you like to see what an innovative spendmanagementplatform can do for your company? Schedule a demo today. The post How to tackle your first external audit, before it tackles you.
A spendmanagementplatform with a rule-based guided procurement process guarantees that employees comply with your company’s guidelines for purchasing. Tax information. Contract information. Required documentation for other stakeholders. For example, IT security may need visibility into every software purchase.
In a statement, Neat CEO David Rosa said the card "gives SMEs [small and medium-sized enterprises] the flexibility and control they need over their spending.". Divvy Lands $165 Million For SpendManagement Tech.
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.
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.
The rapidly evolving spendmanagement market is once again experiencing a breakout moment. As the category leader and pioneer, Airbase is the first and only spendmanagementplatform to now offer Guided Procurement — intake functionality for all purchasing.
It’s simply not feasible to spend money throwing more bodies at a problem. The cost savings of a consolidated spendmanagementplatform, plus the marginal revenue that can be earned with a more efficient card program, create a positive ROI.
“LLamasoft’s deep supply chain expertise and sophisticated data science and modeling capabilities, combined with the roughly $2 trillion of cumulative transactional spend data we have in Coupa, will empower businesses with the intelligence needed to pivot on a dime.
Some of these have transitioned to public companies and continue to rely on our spendmanagementplatform since it can grow and adapt as their processes change. What is change management? Change management is a systematic approach to navigating transitions for a company. And why does it matter?
Spendmanagement: The next stage of invoice automation. A spendmanagementplatform is a full AP solution that leverages automation for all non-payroll spend processing.
In another initiative focused on spendmanagement, BNP Paribas announced that it is adding virtual commercial cards within the expense managementplatform Coupa , linking those cards to Coupa Pay, PYMNTS reported. Cardpay Acquired By Infibeam.
Airbase’s spendmanagementplatform improves collaboration through configurable, cross-functional workflows. Both speakers acknowledged that it’s a never-ending task as businesses evolve and change. By emphasizing collaboration and communication, optimization efforts are scalable. To see how it works, just schedule a demo !
But cloud-based enterprise service firm SutiSoft is taking a stab at such a holistic tool with the rollout of its SpendManagementPlatform. “We understand how difficult it can be for businesses to manage their enterprise spend,” said SutiSoft Chairman ND Reddy in a statement.
Cardpay , based in Bengaluru, India, offers a spendingmanagementplatform to corporations under the brand name “Grit.” The platform offers help with physical and virtual credit cards, invoice processing and early payments discounts, BusinessLine reports.
Spendesk provides physical and virtual card solutions for businesses to manage expenses 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.
California-based spendmanagementplatform Coupa has launched a Diverse Business Directory to make it easier for companies, particularly large ones, to find “diverse and inclusive suppliers.”.
Corporate expense management solution provider Coupa has updated its platform with new features targeting compliance and fraud prevention. The company issued a press release Wednesday (Feb.
Separately, in an effort to stymie fraud, corporate expense management solution provider Coupa has updated its platform. New features on offer are targeting compliance and fraud prevention.
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.
The expense management 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 expense management Software-as-a-Service (SaaS) firm that already underpins Visa’s IntelliLink SpendManagementplatform, designed for commercial and small business (SMB) customers.
During the fourth quarter Coupa added a slew of new customers including KPMG Australia, Guardian Industries, Pacific Life Insurance and Shopify, and it also enhanced its business spendmanagementplatform with new functionality powered by artificial intelligence.
Corporate spendmanagementplatform Vroozi is enabling its corporate users to pay their suppliers from directly within its platform through a partnership with Nvoicepay. 25) that Vroozi’s purchasing and spendmanagement portal will now integrate Vroozi Pay to round out its procure-to-pay offering.
Its revenue got a boost due to new customers signing on for the company’s business spendmanagementplatform, including Affirmed Networks, Commonwealth Bank of Australia, Las Vegas Valley Water District, Lucid Software, Rakuten, Redfin, Sainsbury’s Supermarkets, The Nebu Group, Tullow Oil, Volkswagen Group Australia, and Wawa.
As application programming interfaces (APIs) and digital banking promise unheard of levels of control, companies are eyeing the 40 percent or more of revenues that go to spend — and specifically, how much can drop to the bottom line by using artificial intelligence and accounts payable automation in creative new ways. “A
According to a press release , Yatra will link customers based outside of India — whose employees travel in the country — with Chrome River’s expense management solution as part of a broader travel booking and spendmanagementplatform, offered via Yatra’s Self Book platform.
The companies had a long-standing partnership, with the acquisition enabling Visa to deepen integrations of Fraedom technology into B2B payment offerings, like the Visa IntelliLink SpendManagementplatform. “And once you go global, it creates more problems.
Crowdz recently announced the pilot of its InvoiceXchange platform, which enables businesses to auction off their receivables to support stronger cash flows, becoming a part of the growing invoice financing community aimed at enabling suppliers to access money they’re owed while preserving the buyer-supplier relationship.
The firm said it plans to use the money to strengthen its existing accrual and spendmanagementplatform. Accrualify provides a procure-to-pay platform that supports payments, vendor management, invoice and accrual automation and other features.
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.
However, G2 Crowd recently announced a $55 million Series C funding round from IVP, Accel and Emergence Capital, a funding boost that Bonnici said will largely be used to build out the platform’s spendmanagement capabilities.
DiviPay first formed as a consumer virtual card solution, then pivoted to become a B2B FinTech, allowing companies to customize and integrate their spend policies into the virtual credit card program. The solution also integrates into businesses’ existing financial and spendmanagementplatforms including Xero, QuickBooks and MYOB.
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. BNP Paribas, Coupa Pair On V-Cards.
That control can matter significantly in spendmanagement, given all the unplanned spending that takes place via employees out in the field. The notion of control also applies to the spendmanagementplatform itself. You can only plan so much,” Grant said. It’s a major shift in process,” he said.
Advantages if Corpay One All in in one SpendManagementPlatform. Bill Pay, Expense Reimbursement, and Credit card management all in one place Custom Workflows to aid in Automation No Per User costs - Additional Remittance information sent to payee. Cashback - 1% on >50K spend - 1.5 <50K
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