PYMNTS

OCTOBER 30, 2019

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

Expense Management 41

Expense Management Technology audit Spend Management Solutions 41

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

MineralTree

APRIL 13, 2023

Modern finance teams face a multitude of challenges. These challenges can lead to higher expenses, less access to capital, declining cash flow, and make accurate forecasting more difficult for teams, among other issues. In this section, we will explore seven strategies to help finance teams recession-proof their business.

accounts payable 84

accounts payable Accounts Payable Automation AP Automation accounting and finance 84

PYMNTS

APRIL 30, 2019

Yet, just as SMBs can be too small to be considered corporate, high-net-worth individuals can have financial service needs that are too big to fit into the traditional consumer financial management range of products offered to the Average Joe. “There is a specific need for these families,” she told PYMNTS in a recent interview.

Finance 61

Finance accounts payable payroll accounting and finance 61

SMBAccountant

MAY 17, 2024

Bank Accounts (Find a bank) Before any spending gets underway, open a bank account with your EIN. There are numerous benefits to having a bank account under your company’s registration, including separation of personal and business finances, providing legal protection, and helps facilitate business growth by easily tracking cash flow.

accounting software 130

accounting software Legal tax return financial statements 130

PYMNTS

NOVEMBER 1, 2017

Nearly half (45 percent) said the finance department expresses resistance against digital transformation, and 39 percent agree that the finance department relies too much on manual processes that hold it back from embracing digital transformation. The Worst Offender.

Finance 54

Finance Technology accounting and finance accounts payable 54

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere. "As

Expense Reimbursements 84

Expense Reimbursements AP Automation accounts payable accounting and finance 84

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

accounts payable 64

accounts payable Accounts Payable Automation B2B Technology 64

Accounting Insight

APRIL 28, 2023

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.

Spend Management Software 52

Spend Management Software Spend Management Solutions Spend Management accounting and finance 52

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. We believe the team has built a fantastic SaaS product for the global market,” said Adith Podhar, Gemba Capital managing partner.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

CPA Practice

NOVEMBER 22, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Ramp , a finance platform that uses AI and other machine learning technologies to automate AP, expense management and spend management. RAMP is a spend management program now don’t hang up just because I’ve said spend management. Sorry, Randy.

Technology 105

Technology NetSuite Spend Management quickbooks 105

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement.

B2B 56

B2B accounts payable Technology accounting and finance 56

PYMNTS

JUNE 24, 2020

This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. Nium Uses Cards For Credit.

accounts payable 52

accounts payable Expense Management accounting and finance B2B 52

PYMNTS

MAY 1, 2020

Challenger banks targeting small businesses with a range of digital-native services became a bright spot in this week’s roundup, though logistics and expense management also landed on the board. It was a niche B2B eCommerce platform for the architecture and design arena, however, that landed the most funding.

Expense Management 66

Expense Management B2B accounts payable payroll 66

PYMNTS

SEPTEMBER 10, 2019

Expense management and reporting technology firm AppZen announced a $50 million fundraise Monday (Sept. AppZen secured the Series C funding from hedge fund firm Coatue Management, with Redpoint Ventures and Lightspeed Venture Partners also participating in the funding round, VentureBeat reported.

audit 43

audit Technology Expense Management accounts payable 43

PYMNTS

MARCH 29, 2019

Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba , but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. MineralTree. Existing backers.406

B2B 53

B2B AP Automation Technology Accounts Payable Automation 53

PYMNTS

JUNE 25, 2019

Bank has teamed up with accounts payable automation firm Inworks to streamline business-to-business payments within the healthcare sector. Bank has “extensive relationships with healthcare companies” that could benefit from the accounts payable solutions offered by Inworks. Likewise, our relationship with U.S.

Hospitality 40

Hospitality Accounts Payable Automation Healthcare accounts payable 40

PYMNTS

DECEMBER 20, 2018

With innovations introducing virtual card technology and data analytics into the fold, the commercial card space is positioning itself to address some of the emerging challenges of business payments in accounts payable and beyond. Payroll company ADP recently estimated that as much as 80 percent of U.S.

Expense Management 57

Expense Management accounts payable Spend Management accounting and finance 57

PYMNTS

JANUARY 18, 2019

Corporate expense management company Certify is stepping into the procure-to-pay arena with the launch of Certify Purchasing, announced Thursday (Jan. The solution, designed for finance professionals, enables automated procurement-related tasks, including requisitions and supplier payments.

Technology 48

Technology Expense Management Spend Management Solutions accounts payable 48

PYMNTS

MARCH 10, 2020

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.

Spend Management 58

Spend Management general ledger Travel Expense Management accounts payable 58

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Travel Expense Management. Corporate travel and expense management startup Baoku Online, based in China, secured Series A funding , the firm said Monday (Nov. Finance Ireland. Baoku Online.

B2B 53

B2B Accounts Payable Automation accounts payable Travel Expense Management 53

PYMNTS

JULY 16, 2019

The embrace of the cloud has opened up the opportunity for procurement, travel and expense management, treasury management and other corporate financial platforms to integrate and embed the payments function directly within that solution. procurement), and its related payments (i.e., the function of payment a vendor).

B2B 60

B2B accounts payable accounting and finance Technology 60

PYMNTS

DECEMBER 30, 2020

There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Snap Accounts Payable, otherwise known as SnapAP, has announced the completion of the first stage of funding from angel investors as it continues on its way toward a planned $2 million seed investment round.

B2B 84

B2B B2C accounting and finance accounts payable 84

PYMNTS

SEPTEMBER 6, 2019

Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 The company collaborates with buyers, suppliers and financiers to offer supply chain financing with a dynamic pricing model, allowing B2B vendors to participate in an invoice discounting program and receive invoice payments earlier.

B2B 62

B2B accounting and finance Technology accounts payable 62

PYMNTS

MAY 12, 2016

It paved the way for firms to embrace mobile in travel and expense management, with smartphones able to more accurately track employee spend while on the go. What’s next for enterprise mobility could be anyone’s guess, but some analysts have made their prediction: accounts payable. Streamlining Exceptions Resolution.

accounts payable 40

accounts payable AP Processes Technology Accounts Payable Automation 40

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. billion valuation.

AP Automation 49

AP Automation Technology accounts payable B2B 49

PYMNTS

JANUARY 30, 2020

This week, Mastercard and Cardlay announced a collaboration that will see Mastercard connecting its network of European issuing banks to Cardlay’s commercial card technology, which unlocks corporate card transaction data for value-added services, including automated expense management and VAT claim processes.

payroll 64

payroll accounting and finance B2B accounts payable 64

PYMNTS

DECEMBER 27, 2016

97% of SMEs recognize there is a better way to handle accounts payable , finds travel and expense management firm Concur in a survey published this month. Despite that realization, nearly half of the small businesses surveyed said they have made a mistake in accounts payable.

accounts payable 43

accounts payable accounting and finance corporation tax Expense Management 43

PYMNTS

APRIL 11, 2018

Analyzing the dollars and cents associated with business trips is now a fundamental part of an organization’s travel and expense (T&E) strategy to ensure that it can squeeze every penny in added revenues and profits out of each trip. It’s not an easy feat, however. Accessing Data.

accounts payable 40

accounts payable Expense Management Travel Expense Management accounting and finance 40

PYMNTS

SEPTEMBER 27, 2019

Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S., Paro aims to simplify the talent search process for businesses in need of finance expertise, while connecting those businesses and professionals with automated finance technology to boost their productivity.

B2B 59

B2B Technology accounting and finance accounts payable 59

PYMNTS

OCTOBER 18, 2017

Accounts payable (AP) remains a laggard when it comes to automating the cash flow cycle. businesses automate employee expense management. Manual processes, some finance executives believe, is “the way they’ve historically been done, and they often don’t know any differently.”. Call it the 7 percent solution.

AP Automation 49

AP Automation Technology accounts payable Minnesota 49

Ryan Lazanis

SEPTEMBER 1, 2023

Below are some of the best cloud accounting software for small businesses. 1) QuickBooks Online A true juggernaut in the small business accounting software space, QuickBooks Online is widely known across firms and self-employed business owners alike as one of the best accounting software products. 11) Dext I love me some Dext.

accounting software 98

accounting software quickbooks Account accountant 98

PYMNTS

JANUARY 17, 2018

The corporate expense management market doesn’t look like it once did. The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide.

Expense Management 74

Expense Management Technology accounts payable B2B 74

PYMNTS

AUGUST 5, 2019

But the payment tool isn’t without its drawbacks: While they allow employees to bypass the process of filling out purchase requests and purchase orders, funneling a transaction through the accounts payable department and reconciling it, p-cards require businesses to hold a certain level of trust with their staff to arm them with company cash.

Technology 55

Technology accounts payable accounting and finance Account 55

PYMNTS

NOVEMBER 8, 2018

Expense management solutions provider Coupa is rolling out a suite of B2B payment solutions collectively known as Coupa Pay, and the firm is working with Barclaycard to boost adoption of electronic B2B payments. 7) said Coupa Pay is making its market debut with a range of both payment and business financing solutions. .”

Business Spend Management 65

Business Spend Management B2B Spend Management Finance 65

PYMNTS

MARCH 2, 2020

Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors. Paying out a small business equipment financing loan means ensuring those funds are used to purchase equipment, nothing else.

B2C 60

B2C accounting and finance accounts payable Construction 60

PYMNTS

APRIL 6, 2018

With more than $95 million in financing placed, startups across eProcurement, cybersecurity, logistics, alternative finance, blockchain and supply chain management secured support. In another debt financing round, Power2SME, also based in India, raised $6.2 The platform also integrates a financing feature.

B2B 46

B2B accounting and finance Finance Technology 46