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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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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

PYMNTS

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company plans to use the investment to collaborate with MUFG and Sozo, and promote growth. Negotiatus.

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Eika Group Teams Up With EedenBull On Payment Solutions

PYMNTS

The FinTech is in the process of introducing its payments and spend management programs in over 65 banks all around the Nordic region. In addition to payment cards, the solution also includes a web-based management module for the company administrator and a mobile app for the employee,” the release said.

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Why Banks Withhold Cards From Startups ? Even With VC Funding

PYMNTS

This makes spend management a different beast for startups than for mom-and-pop businesses. “That places a lot more importance on things like how the credit card integrates with their accounting system, and how easy it is to save receipts for corporate card expenses,” said Dubugras.

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Concur CEO Creates High-Tech Corporate Card With New Startup

PYMNTS

Reports in GeekWire on Thursday (March 9) said Singh has launched Center, which provides both hardware and software to businesses via a corporate credit card that has a touchscreen and battery and integrates into software so transactions on the card are automatically linked to accounting systems.