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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

But there are other types of unwanted friction in finance. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example. Big corporations and small to medium-sized businesses (SMBs) all struggle with expenses, and must address leaks and mishaps before they become accounting nightmares.

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Today In B2B: Serko Expands Expense Tech Offering, Suplari Debuts Spend Management Tools

PYMNTS

Today in B2B, trade finance technology provider Surecomp announces its newest marketplace partner, and Serko expands its expense management offering into North America. Serko Rolls Out Expense Management Tool In North America. PROS To Work On B2B eCommerce Operation Launches.

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Payments Heavyweights Dig Heels Deeper Into Commercial Cards

PYMNTS

As the B2B payments landscape modernizes, the payments technology company is ramping up its innovation efforts to drive further adoption of commercial cards with value-added services. In its most recent initiative, American Express announced the rollout of its accounts payable solution, American Express One AP. . Now, with $10.2

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US B2B Startups Blow Their International Competition Out Of The Water

PYMNTS

are shying away from alternative lending startups due to the recent controversy within the space, but investors across the pond aren’t hesitating to finance the industry. in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. ” Invoice Finance. .

B2B 40
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VCs Back FinTechs That Help Other Firms Manage Money

PYMNTS

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. based Tribal Credit is targeting small businesses in emerging markets, enabling them to access alternative financing.

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Charter School Budgets Limiting Spend Control, BuyQ Says

PYMNTS

A lack of spend management solutions leads many teachers to fall back on their consumer shopping habits when making purchases with school money, he explained. Furthermore, consumer sites aren’t always equipped to provide reconciliation data or to integrate into back-office accounting and finance systems.

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Finaxar, Visa Partner To Unify Spend Management For SMBs

PYMNTS

billion per year because of inefficient finance and administrative processes. Modernizing corporate spend could be the solution to businesses' issues, PYMNTS reported , with digital spending the new way to help support a system based around working from home.