PYMNTS

JANUARY 30, 2020

When it comes to solutions, the latest Workforce Spend Playbook , a collaboration between PYMNTS and Bento for Business , is a compilation of the best spend management approaches currently available. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example.

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PYMNTS

OCTOBER 14, 2020

Spend management 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 spend management offering that gives further visibility and digitization to finance workforces.

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PYMNTS

APRIL 18, 2019

Airbase, a spend management company looking to consolidate a range of expense management processes for organizations, has announced new funding for its technology. In an interview with the publication, Founder and CEO Thejo Kote described the firm as “the first all-in-one spend management system.”

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PYMNTS

JULY 25, 2019

A new corporate expense management company, Sweep , officially launched Wednesday (July 24), targeting startups and small businesses with automated spend tracking. According to the company, those data protection regulations have changed the way businesses must process their company expenses.

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PYMNTS

DECEMBER 30, 2019

At least those flames are casting light on flawed, outdated (even paper-based) expense management practices, as reported in the latest PYMNTS Workforce Spend Playbook. It’s not as if corporate travel managers don’t get it. Happiness Is Spend Management. Paper Receipts?

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PYMNTS

MAY 1, 2018

One of the nation’s most recent B2B FinTechs to land funding is Fyle, a small business expense management company that landed $1.1 Expense management [in India] has been manual for a really, really long time. ” According to Madhusudan, corporate spend management is an issue of data.

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PYMNTS

DECEMBER 30, 2019

To keep the bottom line buoyant, healthy and in the black: Plug the expense leaks. In an interview with Karen Webster, Farhan Ahmad, founder and CEO at B2B payments solution provider Bento for Business , took note of the fact that half of all small to medium-sized businesses (SMBs) cite cash flow management as their biggest challenge.

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PYMNTS

DECEMBER 16, 2020

This week's Commercial Card Innovation Tracker finds Barclaycard and Visa among the latest to embrace v-cards to elevate employee spend management and supplier payments. Barclaycard Debuts V-Card For Expense Management. Dubbed Precisionpay Go, the new Visa-powered solution supports digital spend management for U.K.

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PYMNTS

AUGUST 20, 2020

Parpou discussed in an interview with PYMNTS how the pandemic is creating unprecedented demand for digital improvements to legacy spend management systems and how such advances could change what constitutes everyday business spend for good. Going Digital To Stay Remote. Adding Value To A Post-Pandemic Marketplace And Beyond.

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PYMNTS

JANUARY 23, 2019

Mooncard, a France-based FinTech that provides businesses with payments cards and expense management solutions, has announced $5.7 Mooncard combines a physical card solution with a digital expense management platform to streamline the spend management process for businesses. In the U.S.,

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PYMNTS

FEBRUARY 6, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. Blackbaud Purchase Cards are designed for “social good organizations” to digitize their accounts payable processes and enhance spend management for employees.

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PYMNTS

FEBRUARY 19, 2018

India expense management company Happay secured more funding after its Series B round, according to an unnamed source cited by VCCircle on Friday (Feb. The company also provides expense report generation tools, international travel cards and other card products based on spend category and scenario.

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PYMNTS

NOVEMBER 16, 2016

Runzheimer International has decided to step away from the corporate expense management industry. The company is reportedly exiting the space in favor of offering its clients’ expense management solutions, integrated from partners like Concur Expense and Databasics.

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PYMNTS

AUGUST 19, 2020

This manual system has been a source of frustration for both workers and their employers for years, but the pandemic has exacerbated the systems’ deeper flaws and served as a catalyst for a wave of spend ma nagement innovation. For more on these stories and other recent headlines on everyday spending, download this month’s Playbook.

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PYMNTS

JULY 12, 2019

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 startup that offers corporate spend management solutions in the U.K.,

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PYMNTS

JULY 9, 2019

Soldo, a company offering corporate spend management solutions, has announced a Series B funding round, according to a Monday (July 8) report in Yahoo! “There are companies like Square , Adyen and Stripe who manage payments going into the company,” he said. Operating in the U.K.,

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PYMNTS

SEPTEMBER 6, 2018

Inadequate expense management processes have businesses wasting time. SME Spend Management Report 2018 ,” is the result of the corporate spend management solution provider’s examination into how businesses track and manage employee spend. The report, “ U.K.

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PYMNTS

MAY 22, 2018

Sage will offer its small business customers of its accounting and business services offerings in Spain B4B Payments’ existing expense management prepaid card solution. A report published by Sage late last year found 17 percent of all B2B payments in the U.K. spend an average of 15 days chasing late invoice payments.

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PYMNTS

JUNE 17, 2020

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. Amadeus B2B Wallet Expands Functionality.

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PYMNTS

SEPTEMBER 6, 2018

corporate expense management solutions provider Fraedom , which was recently acquired by Visa , will be providing its commercial card technology to U.S.-based ” said Uma Wilson, UMB senior vice president and director of product management, in a statement.

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PYMNTS

DECEMBER 19, 2017

In addition to employee expenses, another key challenge for companies is the money they spend, and sometimes waste, on subscription services. In the quest to grab greater control over and visibility into company spend, Alex Bean, co-founder and COO of expense management company Divvy , said strategies must be proactive, not reactive.

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PYMNTS

MARCH 7, 2018

Spend management is among the largest challenges for small business owners, according to research. Center, a spend management firm, released a report last year which found that entrepreneurs struggle to set flexible spending goals and lack real-time visibility into spend data and budgets.

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PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

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PYMNTS

NOVEMBER 6, 2019

Enterprise spend management solution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov.

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PYMNTS

DECEMBER 28, 2018

In B2B payments and corporate finance, it wasn’t only bank-FinTech collaboration that made headlines in 2018. Here are some of the biggest stories of B2B payments collaboration from 2018. Last June, the company announced a partnership with B2B eCommerce platform Handshake to further that initiative.

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PYMNTS

JUNE 27, 2016

Mention B2B and supply chains and it may be that the most readily conjured imagery focuses on manufacturing or cross-border transactions or bulk orders of everything from nails to paper.

Expense Management 40

Expense Management Education B2B Manufacturing 40

PYMNTS

NOVEMBER 7, 2017

When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how employees spend corporate money while away from the office. David Peterson, CEO of small- and medium-sized business (SMB) expense management company Penny, Inc.

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PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Around The B2B Payments For The Virtual Workforce World.

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PYMNTS

JANUARY 27, 2017

This week, however, venture capitalists in the B2B FinTech space went global, hitting Australia, the U.S., Once again, it was a healthy dose of modest funding rounds for a varied B2B FinTech space, and we break down all of the $45.6 France and India. million raised. Commercial Cards. Corporate Travel. TripActions. Lighthouse.io.

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PYMNTS

OCTOBER 31, 2016

B2B trade and spend management firm Tradeshift is not only expanding its operations in Australia, but it’s setting up new offices there. The tool uses artificial intelligence to aid professionals in their trade and expense management needs. The company announced Friday (Oct.

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PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Targeting the freight brokerage and transportation management industry, Arrive Logistics , based in Texas, secured $25 million from investors.

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PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. said this week.

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PYMNTS

MARCH 6, 2019

Vroozi noted that its collaboration with Dell Boomi aims to make it easier for businesses to aggregate third-party data for a more holistic view of spend, with the partnership supporting Vroozi’s SpendTech solution.

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PYMNTS

NOVEMBER 4, 2020

From a mobile app to beefed-up rewards, the latest solutions are embracing the shift of spend to the card. Expense management and accounts payable (AP) automation solution provider Emburse is rolling out new card solutions designed to help organizations manage their travel spend. Pleo Centralizes Card Spend Data.

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PYMNTS

JULY 4, 2018

The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Mastercard Sent Steps Into B2B. Visa Buys Fraedom.

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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.

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PYMNTS

JUNE 1, 2017

NatWest is working with SpendLabs to develop a mobile app to help businesses manage their spend.

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