Remove Account Remove accounts payable Remove Spend Management Tools
article thumbnail

Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

In this month’s Feature Story, Caleb Jenkins , leader of client accounting services for tax and accounting firm RLJ Financial , describes how the firms’ need for real-time payment options is peaking amid the pandemic and how virtual cards can help deliver the faster payments options they need to stay afloat. About The Playbook.

article thumbnail

Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

Classify and communicate the scope of unmanaged spend. Choose your tools — implement capable spend management tools. Perform a spend assessment (implement tools with real-time insights and pullable reports). Automate the purchase requisition and purchase order approval processes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Moving The Business Payments Focus From Price To Process

PYMNTS

As Joiner explained it, getting various stakeholders on board to institute a virtual corporate card, for example, or other spend management tools — along with the great diaspora of the workforce — is a challenge. Yet there’s a wide gulf between considering the great shift to digital B2B payments and actually making the leap.

B2B 130
article thumbnail

Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. The firm has more than $2 billion in assets. Bank Is Doing to Drive Virtual Card Adoption.

article thumbnail

B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

With a focus on integration with payment and accounting platforms, the startup said it will also continue to connect with a broader array of data sources to bolster small to medium-sized business (SMB) loan underwriting for its partners, which include banks and other lenders. The Access Group , a U.K.-based According to BusinessLeader.co.uk

B2B 43