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Workforce Spend Sector Gets Busy

PYMNTS

billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. With the debut of Emburse, pundits are applying “next gen” to current goings-on in the spend management software space.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Business expense management company Teampay revealed in a press release a $12 million fundraise led by Tribe Capital, the company said this week. Teampay offers companies spend management software designed to manage procurement and employee spend with a focus on the employee user experience and company policy enforcement.

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