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Payhawk, a global leader in spendmanagement solutions, today announced a new integration with Mastercard to offer businesses in the U.S. and Canada real-time visibility into their card transactions within the Payhawk platform. With this integration, U.S. With this new integration, any U.S.
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. first appeared on Airbase.
Spendmanagement was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Spendesk provides a spendmanagement offering that gives further visibility and digitization to finance workforces.
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.
An automated, consolidated spendmanagementplatform helps treasury departments gain the visibility and control they need to build responsiveness for a turbulent economy. Let’s take a look at the interaction between the treasury function and spendmanagement. How does spendmanagement help the treasury function?
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.
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. The platform is intuitive, easy to use, and well designed.” How to read the G2 Grid.
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. Now, if a contract is needed, Ironclad's platform will handle it automatically.
All of this friction can lead to that worker left waiting, cooling his or her heels in the truck, as the traditional spendmanagement process grinds on. Spendmanagement is also following that trend, though there is still much work to do, of course. So much for getting ahead. Audit Trail.
Corporate expense management solution provider Coupa has updated its platform with new features targeting compliance and fraud prevention. These innovations deliver against our mission to continuously set the innovation agenda for our industry and make business spendmanagement simpler, safer, and smarter for companies everywhere.”
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
Not only do multiple systems cost more, but the modern approach to spendmanagement does a better job. It’s designed to control spending and streamline the interrelated, and continuous workflows associated with the process from intake to the final booking. Build for scale to avoid the need for future action.
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. Last month, PYMNTS reported EedenBull rolled out its commercial card platform to banks to take advantage of improved B2B payment capabilities.
Spendmanagement: The next stage of invoice automation. A spendmanagementplatform is a full AP solution that leverages automation for all non-payroll spend processing.
There are many technologies that are gaining traction in this shifting environment, but virtual cards are emerging as uniquely poised to meet businesses’ need for flexible spendmanagement tools and employees’ demands for touchless payment options. About The Playbook.
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.
In his work, Reuben finds the prime area in need of improvement is spendmanagement. He added that many clients introduce a consolidated spendmanagement system to resolve those issues and improve collaboration. Airbase’s spendmanagementplatform improves collaboration through configurable, cross-functional workflows.
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.
At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spendmanagement space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. Expensify Links Cards To Booking.
Coupa said it has agreed to spend $1.5 billion to acquire LLamasoft, whose artificial intelligence (AI)-powered software is used by companies to help manage their supply chains more efficiently.
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?
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 expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. Follow the AI Money.
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. The deal is being funded by borrowings under Paylocity’s revolving credit facility. Canada, India, and the Philippines.
The new Workforce Spend Playbook highlights the lat est spendmanagement tools, expense cards and workforce management solutions 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. Feeding Delivery Drivers’ Appetite For SpendManagement.
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 expense management or procurement — rarely do these solutions meet the spendmanagement needs for all three areas.
. “A lot of times, leadership and financial teams lack financial visibility on who is spending what on what, because it comes in as an expense on a credit card,” he said. For software vendors, this cuts down on lead generation and customer acquisition costs, too, Bonnici added.
Corporate spendmanagement technology company Coupa has released its fourth quarter earnings performance and full year for FY2019, pointing to Q4 as “the strongest quarter yet in our company’s history,” according to Chief Executive Officer Rob Bernshteyn. Total revenues were pegged at $74.9
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.
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.”.
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.
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.
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. “We
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.
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.
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.
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.
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.
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