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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

But there are other types of unwanted friction in finance. Big corporations and small to medium-sized businesses (SMBs) all struggle with expenses, and must address leaks and mishaps before they become accounting nightmares. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example.

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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. The financing reportedly closed at the end of last November but was not revealed until this week, when Airbase officially announced its product launch.

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Why Supply Chain Execs Struggle To Analyze Costs

PYMNTS

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

When a startup owner mixes personal and business finances , the negative consequences can go in multiple directions. This makes spend management a different beast for startups than for mom-and-pop businesses.