PYMNTS

FEBRUARY 24, 2017

B2B FinTech startups came close to hitting the $100 million investment mark this week, with funding rounds in the U.S., The company, which offers both consumer and small business banking services, secured its banking license last year and is readying the rollout of its current account offering. B2B eCommerce. B2B FinServ.

B2B 43

B2B Travel Expense Management accounting and finance Finance 43

PYMNTS

MARCH 10, 2020

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. Historically, said Airbase CEO Thejo Kote, finance and accounting teams have been forced to work around the friction of a fragmented spend ecosystem.

Spend Management 58

Spend Management general ledger Travel Expense Management accounts payable 58

PYMNTS

JANUARY 16, 2020

Six corporate travel expense management and accounts payable (AP) solution providers are combining into a single company to form Emburse , according to a press release Thursday (Jan. Abacus, Captio, Certify, Chrome River, Nexonia and Tallie are merging together to integrate each other’s T&E and AP solutions.

AP Automation 40

AP Automation Travel Expense Management accounts payable Technology 40

PYMNTS

SEPTEMBER 16, 2019

The announcement of Mastercard Track expanding into B2B payments last week represented a significant push for B2B payments modernization by one of the industry’s giants — and followed Visa’s own push in the B2B payments modernization space through the rollout of Visa B2B Connect in June. announced last month.

B2B 54

B2B payroll Technology accounting and finance 54

PYMNTS

JANUARY 21, 2020

That’s when six corporate travel expense management and accounts payable (AP) solution providers announced they would join forces and combine into a single company called Emburse , according to a press release.

E-commerce 40

E-commerce accounts payable AP Automation Travel Expense Management 40

PYMNTS

JUNE 24, 2020

This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. Elsewhere, a cyberattack raises concerns about the vulnerability of employee data when commercial card information is compromised.

accounts payable 52

accounts payable Expense Management accounting and finance B2B 52

PYMNTS

AUGUST 29, 2017

India’s largest online travel company, MakeMyTrip, is entering the business-to-business (B2B) space with the launch of a new solution for corporate travel. Reports also noted India has responded to rising demand among small businesses for business travel solutions. Reports released Monday (Aug.

B2B 43

B2B Expense Management Tax Travel Expense Management 43

PYMNTS

NOVEMBER 29, 2018

Existing AirPlus business travel customers can set up their Booking.com business accounts to use the feature. “It also brings relief for the traveler, who benefits from having less trouble with doing [their] expenses.

B2B 43

B2B business accounting Travel Expense Management Account 43

PYMNTS

MAY 18, 2016

The virtual card has recently gained traction in the corporate travel spend arena. Another B2B payments firm, WEX, recently released a whitepaper touting the v-card as not only a way to secure corporate spend on travel but for travel companies to safeguard their own payments with travel suppliers.

accounts payable 40

accounts payable B2B Spend Management accounting and finance 40

PYMNTS

APRIL 23, 2018

In its announcement, GBT pointed to Certify data from Q4 2017, which found that ride sharing is increasingly more important to business travelers, accounting for more than 70 percent of ground transportation receipts integrated into the Certify platform.

Expense Management 47

Expense Management Transportation B2B Travel Expense Management 47

PYMNTS

MAY 15, 2018

” Chrome River introduced enhanced mobile capabilities of its solution last year, launching B2B invoice payment capabilities through mobile devices for accounts payable professionals. “Expense management [in India] has been manual for a really, really long time,” he told PYMNTS in a recent interview.

Expense Management 46

Expense Management accounts payable Spend Management Platform Technology 46

PYMNTS

JULY 28, 2017

WEX is lending its B2B payments capabilities to the enterprise software services of Apptricity. An announcement by the companies Thursday (July 26) revealed news that Apptricity is integrating WEX’s corporate payment solutions into its own offering of automated supply chain, travel and expense (T&E) and spend management solutions. “We

Spend Management 40

Spend Management Spend Management Solutions accounts payable B2B 40

PYMNTS

APRIL 11, 2018

Analyzing the dollars and cents associated with business trips is now a fundamental part of an organization’s travel and expense (T&E) strategy to ensure that it can squeeze every penny in added revenues and profits out of each trip. It’s not an easy feat, however. Accessing Data.

accounts payable 40

accounts payable Expense Management Travel Expense Management accounting and finance 40

PYMNTS

JUNE 19, 2018

B2B payments may be slow to embrace disruption and innovation, but there is one category of corporate spend that may be ahead of the curve: business travel. ” Researchers found that most corporate travel buyers (56 percent) in the U.S. use a central travel account (CTA).

Expense Reimbursements 41

Expense Reimbursements Technology B2B Travel Expense Management 41

PYMNTS

AUGUST 14, 2018

One of the hottest areas of B2B FinTech today is corporate travel and expense (T&E) management, with innovators looking to address the friction associated with expense reports and reimbursements. In its latest research , published Monday (Aug. at companies with more than 10 people (17.9 2017 statistics).

Expense Management 40

Expense Management accounting and finance B2B Finance 40

PYMNTS

JANUARY 6, 2021

Another factor behind opening up the T&E technology space for SMBs is the function of the payment itself, and how solutions can capture expense data. There are several ways that T&E tools account for this.

Expense Reimbursements 112

Expense Reimbursements Expense Management Technology Entertainment 112

PYMNTS

MARCH 1, 2018

But it can also mean booking rides a year in advance, “which is something businesses love in terms of planning, budgeting and expense management,” the CEO noted. The B2B ground transportation segment also has to cater to the differing corporate cultures around the world. Yes, that sometimes means a quick ride on the fly.

Expense Management 40

Expense Management Transportation Spend Management B2B 40

PYMNTS

DECEMBER 11, 2018

A new survey from AppZen finds employees in the professional services industry, including accountants, financial advisors and lawyers, more frequently have their submitted expense reports rejected, reports in CPA Practice Advisor said Monday (Dec.

Expense Management 56

Expense Management audit accounting and finance CPA 56

PYMNTS

OCTOBER 21, 2016

The ridesharing space continues to hit new milestones in the corporate travel space, with businesses choosing to spend their money on these services as opposed to traditional taxis. Similarly, car rental services saw a decline in their share of the business traveler market by 1 percent this quarter.

Transportation 70

Transportation Expense Management Technology Travel Expense Management 70

PYMNTS

FEBRUARY 8, 2019

Food delivery firm Seamless emerged as the highest-rated brand for the year among business travelers, while Lyft and Uber Eats tied for second place. Lyft’s boost in Q4 also signaled its continued rivalry with Uber in the business travel market. Overall, Lyft accounted for 2.8 ”

Transportation 60

Transportation Travel Expense Management Account accountant 60

PYMNTS

NOVEMBER 14, 2016

Airbnb revealed a new partnership with business travel management firm AirPlus International to develop a holistic business travel solution, including travel booking, payment, billing and expense management.

Expense Management 68

Expense Management corporate accounting Travel Expense Management Account 68

PYMNTS

SEPTEMBER 13, 2017

“The increasing incidence of non-compliance is the result of corporate travelers booking out of policy, where they extend business trips to include some leisure time at their own expense,” explained Jason Toothman, vice president of global accounts for Sabre travel network Asia Pacific.

Entertainment 63

Entertainment Travel Expense Management Technology Account 63

PYMNTS

SEPTEMBER 13, 2018

According to Bank of America, mobile wallets can enhance payment security by tokenizing account numbers, effectively using a physical commercial card to generate a virtual card for a particular purchase. “The result should be faster transactions and greater peace of the mind for the cardholder.”.

accounting and finance 56

accounting and finance Finance Travel Expense Management Account 56

PYMNTS

AUGUST 30, 2018

A cloud-based application will be integrated with VAI’s existing S2K Enterprise platform, which supports data integration and visibility into company expenses. SAP Concur’s solutions include accounts payable, expense management, invoice automation, travel booking, mileage tracking and other tools.

Expense Management 40

Expense Management accounts payable Travel Expense Management Account 40

PYMNTS

OCTOBER 25, 2017

For the first time since Certify began tracking the data, Uber ’s popularity with business travelers has declined, accounting for a smaller portion of corporate traveler rides in Q3 compared to Q2. The latest data from Certify , released Tuesday (Oct.

Transportation 40

Transportation Entertainment Travel Expense Management Account 40

PYMNTS

AUGUST 30, 2018

To address the issue for companies booking accommodations, LateRooms.com Business recently announced a partnership with Diners Club , launching its Business Statement Account to consolidate businesses’ travel spend on a single virtual card program. Most of the surveyed business travel buyers in the U.S.

Expense Management 40

Expense Management Tax Travel Expense Management Account 40

PYMNTS

SEPTEMBER 12, 2017

“Companies looking at sharing economy services in their travel policy should carefully weigh up the pros and cons with an expert from their travel management company to determine when and how these services might be appropriate and to create a solution for data capture to ensure the organization meets its duty of care obligations for employees who (..)

Expense Management 40

Expense Management Education Travel Expense Management Account 40

PYMNTS

AUGUST 30, 2018

LateRooms.com Business recently struck a partnership with Diners Club to link SMB its hotel travel booking solution customers with virtual card capabilities.

Travel Expense Management 40

Travel Expense Management Technology Account accountant 40

PYMNTS

SEPTEMBER 18, 2018

Even if the T&E space has seen a recent influx of FinTech innovation, adoption is limited by businesses’ struggle to manage disruption to other systems linked to expense management, like accounting and event departments. Adding to the challenge is millennials’ demand for bleisure-supported solutions.

Technology 55

Technology Expense Management Transportation accounting and finance 55

PYMNTS

JULY 17, 2018

. “We’re helping our clients manage payments effectively and efficiently by removing the need for manual processes,” said BMO Financial Group Head of North American Corporate Card Products Steve Pedersen in a statement.

accounts payable 40

accounts payable Expense Management Travel Expense Management Technology 40

PYMNTS

DECEMBER 27, 2016

The benefits of automation are undeniable, including the efficiencies that come from integrating accounting, human resources and other corporate systems. In 2017, we’ll see demand grow for automation technology that virtually eliminates the need for human intervention in processing expense reports and receipt data.

Technology 44

Technology Expense Management Entertainment Travel Expense Management 44

PYMNTS

AUGUST 16, 2016

Through the terms of the latest deal with Didi, Concur users on the ground requesting a ride through the ride-hailing firm are able to log the transactions back to their Concur account through a mobile app. Didi Chuxing users connect to Concur accounts and can select rides.

Expense Management 40

Expense Management Transportation Government Tax 40

PYMNTS

NOVEMBER 29, 2016

The corporate client is not having to replace the business travel account number if there is a fraudulent transaction.” . “We are providing full fraud protection,” he told the publication. “It is a card service that does not get compromised.

bookkeeping 48

bookkeeping Travel Expense Management Expense Management Account 48

PYMNTS

MARCH 14, 2016

Specifically, Nexonia is looking at the takeover as a way to help expand its accounts payable and purchase order capabilities; Wainwright said the firm will incorporate these features into its solution following the deal. Reports said the executive is also eyeing more takeovers.

NetSuite 40

NetSuite Expense Management accounts payable quickbooks 40

PYMNTS

NOVEMBER 18, 2016

Both are slowly infiltrating the business traveler’s life, whether by businesses adding on-demand services, like Airbnb, to their list of approved travel vendors or by travel managers and accounting professionals making the switch to pay those vendors with a virtual card.

Expense Management 71

Expense Management Travel Expense Management Technology Spend Management 71

PYMNTS

SEPTEMBER 6, 2017

The issue, he recently explained to PYMNTS, is travelers spend corporate cash to book travel and then request reimbursements after-the-fact, meaning CFOs and accountants can’t retroactively push for employees to spend less.

Travel Expense Management 52

Travel Expense Management Expense Management Account accountant 52

PYMNTS

FEBRUARY 9, 2017

“Connecting company systems and data to a central expense reporting platform reduces data entry requirements for employees, and it improves accuracy and access to analytics for accountants and system administrators.”. But other challenges, like losing a paper receipt, are less easy to solve.

Expense Management 52

Expense Management Technology Travel Expense Management Account 52