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AP Software Firm Beanworks Debuts Expense Reimbursement Function

PYMNTS

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.

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Young B2B FinTechs Secure Their Seed Rounds

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While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

B2B 81
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Today In B2B Payments News: Starling Eyes IPO, Lloyds Teams On Trade Finance

PYMNTS

Today in B2B, Starling Bank seeks new funding as the challenger bank is said to be considering an IPO. Plus, Lloyds Bank partners with a FinTech to streamline supply chain finance, Expensemanager collaborates to automate expense management and Xendoo pairs up on accounts receivable optimization.

Finance 76
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Harvard And Capital One Survey Mid-Market B2B ePayments Adoption

PYMNTS

When it comes to B2B payments digitization, not every company will experience the same journey. The current picture is quite optimistic: Researchers estimated that roughly half the value of mid-market B2B payments is already digital, with 59 percent of firms reporting the use of electronic funds transfer (EFT) to pay their invoices.

B2B 58
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Pleo Launches Expense Management Tool Pleo Pocket

PYMNTS

Smart cards are gaining popularity in the business world as the pandemic appears to be exacerbating the pre-existing problem of employees spending significant sums in the services of their companies only to then have to battle expense-reimbursement systems to get their money back.

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Expensemanager Teams With Sage Intacct To Automate Expense Management

PYMNTS

The release says the expensemanager solution will help fill a hole in the market for a mid-market option to automate the expense reimbursement process as well as purchase orders and supplier invoice, receipt, approval and payment process.

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Corporate Card Innovators Bank On Continued Business Spend

PYMNTS

Pleo has also added support for ATM cash withdrawals on its cards, while the company noted in a blog post that it also plans to roll out expense reimbursement capabilities within Pleo Pocket in the near future. Brex Beefs Up Rewards Program. Targeting eCommerce startups, commercial card company Brex has revamped its rewards program.