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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. “In many ways, the biggest pain point for accountants and small businesses is assembling the books in the first place,” he said.

Account 69
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How Virtual Cards Can Help Businesses Stay On Top Of Spend Management

PYMNTS

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. Many of the tools that have traditionally been used to track payments and manage spending have now fallen out of step with what businesses currently need in today’s digital environment.

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Mastercard And B2B Payments’ Great Leap Forward

PYMNTS

Not so on the B2B side of payments, where payments between trading partners remain dominated by the 20th-century’s favorite payment method — where, staggeringly, 50 percent of all payments between business are made by check. Building a B2B Payments Hub. But not for long, Crum and Praeger added. Unlocking Value.

B2B 48
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Thomson Reuters Steps Into Mobile SMB Accounting

PYMNTS

Thomson Reuters is stepping into the world of mobile small business accounting with the launch of a new app, OnBalance Express. The tool allows users to log expenses through the use of optical character recognition (OCR) technology to automate entry of receipt data into businesses’ accounting systems.

Account 40
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Silicon Valley FinTech Brex Scores $200M Credit Line

PYMNTS

Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries. The funding will also enable Brex to expand its financial services to online brands looking for interest-free financing, 60-day payment terms, rewards and expense management software. .

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Newly Funded Airbase Consolidates Spend Management

PYMNTS

Airbase, a spend management company looking to consolidate a range of expense management processes for organizations, has announced new funding for its technology. There is also the expense outflow of invoice payments, all of which must be recorded in accounting and enterprise resource planning ( ERP ) systems.

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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

Big corporations and small to medium-sized businesses (SMBs) all struggle with expenses, and must address leaks and mishaps before they become accounting nightmares. They’ve had it with the futility of managing an increasingly complex mélange of paper and digital invoices, disbursements, payments and reconciliations.