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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

An employee could buy a software product that creates security risks, for example, or a company could waste thousands in duplicate subscriptions. Despite the influx of spend management software products, all designed to make employee spending easier to manage, many of these gaps remained.

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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. The assortment of dedicated corporate spending products from Emburse (vendor payments, employee expenses and fleet management among them) integrate core features of each brand into a new unified solution.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

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. Teampay plans to use the money to focus on product development and team growth within the U.S.,

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