PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. We believe the team has built a fantastic SaaS product for the global market,” said Adith Podhar, Gemba Capital managing partner.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

PYMNTS

APRIL 30, 2019

Yet, just as SMBs can be too small to be considered corporate, high-net-worth individuals can have financial service needs that are too big to fit into the traditional consumer financial management range of products offered to the Average Joe. “There is a specific need for these families,” she told PYMNTS in a recent interview.

Finance 61

Finance accounts payable payroll accounting and finance 61

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding.

B2B 59

B2B Technology accounting and finance accounts payable 59

PYMNTS

MAY 1, 2020

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. With $22 million in Series B funding , B2B FinTech Digits is ready for its debut.

Expense Management 66

Expense Management B2B accounts payable payroll 66

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere. "As

Expense Reimbursements 84

Expense Reimbursements AP Automation accounts payable accounting and finance 84

PYMNTS

JUNE 25, 2019

Bank has teamed up with accounts payable automation firm Inworks to streamline business-to-business payments within the healthcare sector. In a press release on Monday (June 24), the firms said their tie-up will connect hospitals and other companies in the healthcare services space with B2B payments and other financial services.

Hospitality 40

Hospitality Accounts Payable Automation Healthcare accounts payable 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. Nium Uses Cards For Credit. The company has just secured a $78.7

accounts payable 52

accounts payable Expense Management accounting and finance B2B 52

PYMNTS

NOVEMBER 1, 2017

Nearly half (45 percent) said the finance department expresses resistance against digital transformation, and 39 percent agree that the finance department relies too much on manual processes that hold it back from embracing digital transformation. The Worst Offender.

Finance 54

Finance Technology accounting and finance accounts payable 54

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

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

AP Automation 49

AP Automation Technology accounts payable B2B 49

PYMNTS

JANUARY 30, 2020

This week, Mastercard and Cardlay announced a collaboration that will see Mastercard connecting its network of European issuing banks to Cardlay’s commercial card technology, which unlocks corporate card transaction data for value-added services, including automated expense management and VAT claim processes.

payroll 64

payroll accounting and finance B2B accounts payable 64

PYMNTS

SEPTEMBER 10, 2019

Expense management and reporting technology firm AppZen announced a $50 million fundraise Monday (Sept. AppZen secured the Series C funding from hedge fund firm Coatue Management, with Redpoint Ventures and Lightspeed Venture Partners also participating in the funding round, VentureBeat reported.

audit 43

audit Technology Expense Management accounts payable 43

PYMNTS

JANUARY 18, 2019

Corporate expense management company Certify is stepping into the procure-to-pay arena with the launch of Certify Purchasing, announced Thursday (Jan. The solution, designed for finance professionals, enables automated procurement-related tasks, including requisitions and supplier payments.

Technology 48

Technology Expense Management Spend Management Solutions accounts payable 48

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. SME Accounting. Trade Finance.

accounting and finance 40

accounting and finance Technology bookkeeping Expense Management 40

PYMNTS

JANUARY 17, 2018

The corporate expense management market doesn’t look like it once did. The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide.

Expense Management 74

Expense Management Technology accounts payable B2B 74

PYMNTS

MAY 12, 2016

It paved the way for firms to embrace mobile in travel and expense management, with smartphones able to more accurately track employee spend while on the go. What’s next for enterprise mobility could be anyone’s guess, but some analysts have made their prediction: accounts payable. Streamlining Exceptions Resolution.

accounts payable 40

accounts payable AP Processes Technology Accounts Payable Automation 40

PYMNTS

OCTOBER 18, 2017

Accounts payable (AP) remains a laggard when it comes to automating the cash flow cycle. businesses automate employee expense management. Manual processes, some finance executives believe, is “the way they’ve historically been done, and they often don’t know any differently.”. Call it the 7 percent solution.

AP Automation 49

AP Automation Technology accounts payable Minnesota 49

PYMNTS

MAY 18, 2016

In addition, the companies said they will host a joint educational session later this month, where finance executives and corporate travel managers can learn about the potential for virtual cards to help safeguard corporate spend. The virtual card has recently gained traction in the corporate travel spend arena.

accounts payable 40

accounts payable B2B Spend Management accounting and finance 40

PYMNTS

MARCH 2, 2020

Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors. There are a lot of scenarios in which transferring to a bank account isn’t fast enough anymore, and most legacy accounting systems are really slow.”.

B2C 60

B2C accounting and finance accounts payable Construction 60

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

accounts payable 64

accounts payable Accounts Payable Automation Technology B2B 64

PYMNTS

APRIL 20, 2016

“We chose Kyriba because we are impressed with their technology, and their extensive global footprint lines up well with ours,” said American Express Vice President and Lead Finance Officer Chris Stanley in a statement. Everyone wins.”.

accounting and finance 40

accounting and finance Finance Account accountant 40

PYMNTS

MARCH 29, 2019

Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba , but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. MineralTree. Existing backers.406

AP Automation 53

AP Automation B2B Technology Accounts Payable Automation 53

PYMNTS

DECEMBER 20, 2018

Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. A rise in freelancers, gig workers and remote employees isn’t just changing how these professionals are compensated, but imposing changes on companies’ expense management processes as well.

Expense Management 57

Expense Management accounts payable Spend Management accounting and finance 57

PYMNTS

APRIL 6, 2018

On the surface, investors were quite varied this week when it came to backing B2B startups. With more than $95 million in financing placed, startups across eProcurement, cybersecurity, logistics, alternative finance, blockchain and supply chain management secured support. The platform also integrates a financing feature.

B2B 46

B2B accounting and finance Finance Technology 46

PYMNTS

NOVEMBER 8, 2018

Expense management solutions provider Coupa is rolling out a suite of B2B payment solutions collectively known as Coupa Pay, and the firm is working with Barclaycard to boost adoption of electronic B2B payments. 7) said Coupa Pay is making its market debut with a range of both payment and business financing solutions. .”

Business Spend Management 65

Business Spend Management B2B Spend Management Finance 65

PYMNTS

AUGUST 5, 2019

But the payment tool isn’t without its drawbacks: While they allow employees to bypass the process of filling out purchase requests and purchase orders, funneling a transaction through the accounts payable department and reconciling it, p-cards require businesses to hold a certain level of trust with their staff to arm them with company cash.

Technology 55

Technology accounts payable accounting and finance Account 55

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

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Expanding Use-Cases.

Technology 40

Technology general ledger accounts payable B2B 40

PYMNTS

DECEMBER 27, 2016

97% of SMEs recognize there is a better way to handle accounts payable , finds travel and expense management firm Concur in a survey published this month. Despite that realization, nearly half of the small businesses surveyed said they have made a mistake in accounts payable.

accounts payable 43

accounts payable accounting and finance corporation tax Expense Management 43