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Workforce Spend Sector Gets Busy

PYMNTS

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. Follow the AI Money.

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What is vendor management and why is it important?

Airbase

The following practices tend to be open to companies that have freed up procurement resources by automating other aspects of vendor management. Quality audits and inspections of vendor facilities and products can identify potential quality issues early on and prevent them from reaching the customer.