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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. so having a system or tool that makes it very simple to. Bringing Virtual Cards To A Virtual B2B World. Such details can also be tracked faster.

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Plugging Expense Leaks With Spend Management Solutions

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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.

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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. 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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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

PYMNTS

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations. Negotiatus.

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Eika Group Teams Up With EedenBull On Payment Solutions

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The FinTech is in the process of introducing its payments and spend management programs in over 65 banks all around the Nordic region. In addition to payment cards, the solution also includes a web-based management module for the company administrator and a mobile app for the employee,” the release said.

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Why Supply Chain Execs Struggle To Analyze Costs

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Supply chain managers are less than impressed with the current solutions in place for cost analysis. While these managers don’t exactly hate the tools in place, on average, respondents “only slightly agreed, on average, that the costing information they received was effective,” the report stated.

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Why Banks Withhold Cards From Startups ? Even With VC Funding

PYMNTS

This makes spend management a different beast for startups than for mom-and-pop businesses. “That places a lot more importance on things like how the credit card integrates with their accounting system, and how easy it is to save receipts for corporate card expenses,” said Dubugras.