article thumbnail

Modern spend management software unlocks new value drivers.

Airbase

Today’s next-gen approach to building cloud-based, broadly integrated, and user-centric accounting software has ushered in new products that make legacy solutions seem clunky and tortuous. Modern spend management cuts time-to-close by at least half in most cases. If employees don’t use a solution, its ROI plummets.

article thumbnail

Does Your Firm Have Trust Issues with its Data?

CPA Practice

However, many companies do not have full confidence in their data, with 37% of CFOs and 50% of senior finance and accounting professionals questioning its accuracy and reliability. companies are short 340,000 accountants , leaving existing employees burnt out from managing larger workloads.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Meet the Brand: Payhawk

Accounting Insight

Payhawk is the leading spend management solution for domestic and international businesses throughout Europe, the US, and the UK. Combining company cards, reimbursable expenses, accounts payable, and seamless accounting software integrations into a single product, Payhawk makes business payments easy — for everyone.

article thumbnail

Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. Let’s take a look at IDC’s research and what it means for finance teams. Even before COVID-19 led to a wholesale shift to remote work, business spending was becoming increasingly decentralized.

article thumbnail

The Emerging Spend Management Sector: Simplifying Your Accounting Processes

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

For a long time, the market has offered point solutions for accounts payable, such as bill payment, expense management, travel software, and corporate cards. These instruments have aided in the automation of workflows for various aspects of non-payroll spending. The implications of spend management for the future.

article thumbnail

Looking Within The Enterprise To Unlock Spend Data Silos

PYMNTS

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. Historically, said Airbase CEO Thejo Kote, finance and accounting teams have been forced to work around the friction of a fragmented spend ecosystem.

article thumbnail

Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S.,

B2B 59