Remove accounting system Remove B2B Remove Expense Management Remove Spend Management
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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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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

When it comes to solutions, the latest Workforce Spend Playbook , a collaboration between PYMNTS and Bento for Business , is a compilation of the best spend management approaches currently available. 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. In an interview with the publication, Founder and CEO Thejo Kote described the firm as “the first all-in-one spend management system.”

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Why Banks Withhold Cards From Startups ? Even With VC Funding

PYMNTS

. “Therefore, they are setting up their financial systems and expense management practices in a scalable way, so that they can continue to grow their operations.” This makes spend management a different beast for startups than for mom-and-pop businesses.

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Concur CEO Creates High-Tech Corporate Card With New Startup

PYMNTS

Steve Singh, CEO of corporate travel and expense management firm Concur Technologies , has launched a new venture aimed at the world of commercial cards. Nobody has been able to pull this off,” Singh told the publication. Dubbed the CenterCard, the solution will be available for business users in June.