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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Traditional expense management solutions, which only track expenses after the fact, don’t offer the comprehensive visibility into spending and cash flow that SMBs need to effectively run their business. By comparison, modern spend & expense management solutions can provide proactive insights based on real-time data.

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How Spend Management Beefs Up Bottom Lines

PYMNTS

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures. Found Money. The “Three As”.

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Corcentric Unifies Former Acquisitions Under Its Own Name

PYMNTS

Business spend management provider Corcentric has rebranded three companies it had previously acquired under its own moniker, including source-to-pay provider Determine , eBilling provider Netsend and Source One , which works in strategic sourcing, according to a Monday (Jan. 25) press release.

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Commercial Cards Gear Up For Corporate Travel’s Return

PYMNTS

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management 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.

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Genpact On The Analytics Innovations That Can Help Companies Grapple With Pandemic-Driven Changes

PYMNTS

Accounts payable (AP), accounts receivable (AR) and other capital management workflows are also not immune to pandemic-related struggles. We saw what were traditionally transactional processes, like accounts receivable [and] accounts payable, become strategic imperatives,” she explained.

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Coupa Taps PayPal, Stripe, Others For B2B Payments Upgrades

PYMNTS

Coupa pointed to research that reveals half of businesses continue to pay B2B suppliers manually, with paper checks still a key payment vehicle for B2B transactions in the U.S. “Today’s announcement is another step forward in realizing our vision of one platform to manage all business spend, including payments. .

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Coupa Taps PayPal, Stripe, Others For B2B Payment Upgrades

PYMNTS

Coupa pointed to research that reveals half of businesses continue to pay B2B suppliers manually, with paper checks still a key payment vehicle for B2B transactions in the U.S. “Today’s announcement is another step forward in realizing our vision of one platform to manage all business spend, including payments. .

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