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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.

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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. Bringing Virtual Cards To A Virtual B2B World. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses.

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AP Innovations Begin Targeting Supplier Acceptance

PYMNTS

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Boost Payment Solutions Expands Globally.

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VCs Back FinTechs That Help Other Firms Manage Money

PYMNTS

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 PYMNTS breaks down the latest VC investments below.

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How UMB Bank Helps Businesses Adopt Automation Agendas

PYMNTS

Accounts payable (AP) departments all too often employ inefficient processes that slow down workflows, and delay supplier payments. The Tracker explores how such solutions are being implemented in different markets to make B2B payments smoother and more secure. Around The Next-Gen AP Automation World. About The Tracker.

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Late Payment Victims Often Don’t Pay Ontime Themselves

PYMNTS

But new research from eProcurement and spend management solutions Wax Digital has uncovered with it described as a “double standard” in this space, finding that companies affected by late payments often don’t pay their own invoices on time, either. Reports by SmallBusiness.co.uk

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Charter School Budgets Limiting Spend Control, BuyQ Says

PYMNTS

A lack of spend management solutions leads many teachers to fall back on their consumer shopping habits when making purchases with school money, he explained. Furthermore, consumer sites aren’t always equipped to provide reconciliation data or to integrate into back-office accounting and finance systems.