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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Traditional expense management solutions, which only track expenses after the fact, don’t offer the comprehensive visibility into spending and cash flow that SMBs need to effectively run their business. By comparison, modern spend & expense management solutions can provide proactive insights based on real-time data.

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SciQuest, Basware Upgrade Their Procure-To-Pay Game

PYMNTS

2), spend management firm SciQuest revealed updates to and new features for its source-to-settle platform. “It also enables organizations to achieve greater accuracy and productivity in their purchasing and finance operations and ultimately cut costs through increased visibility into spend.” On Tuesday (Aug.

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Genpact On The Analytics Innovations That Can Help Companies Grapple With Pandemic-Driven Changes

PYMNTS

The pandemic has been a game-changer for businesses, with retailers closing their doors, restaurants turning to delivery and pickup, and banks shifting to digital interactions to avoid potential viral transmission. Business moves fast during the pandemic, and capital management tools need to be equally speedy, said Stein.

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WEX Links With Apptricity For Enhanced T&E Payments

PYMNTS

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

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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. Subscription commerce also will grow to encompass such areas as gaming, high-end and luxury apparel, designer socks and even vehicles. 29), has Penn National Gaming Inc.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. The cyber thief got a hold of users’ names, billing addresses, phone numbers, plan information, and account numbers. T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk. Trackers and Reports.

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Spend Analytics No Longer Enough For Procurement: Accrualify

PYMNTS

The bill will be sent, but backdated in an effort to be paid more quickly, presenting a predicament for accounts payable (AP) teams that view this tactic as a way to bypass existing payment terms agreed upon in their supplier contract.