CPA Practice

SEPTEMBER 27, 2023

Data and insights from CAS—such as accounts payable, spend and expense management, and accounts receivable—are crucial for forecasting, identifying trends, and more. And it just so happens that many firms offering a continuous close also provide CAS, accounts payable, and expense management services.

Technology

PYMNTS

DECEMBER 16, 2020

This week's Commercial Card Innovation Tracker finds Barclaycard and Visa among the latest to embrace v-cards to elevate employee spend management and supplier payments. Barclaycard Debuts V-Card For Expense Management. Dubbed Precisionpay Go, the new Visa-powered solution supports digital spend management for U.K.

Expense Management

PYMNTS

FEBRUARY 6, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. Blackbaud Purchase Cards are designed for “social good organizations” to digitize their accounts payable processes and enhance spend management for employees.

Expense Management

Insightful Accountant

OCTOBER 5, 2023

The new financial operations platform for SMBs integrates category-leading solutions across accounts payable (AP), accounts receivable (AR), and spend and expense management.

accounted

PYMNTS

NOVEMBER 8, 2020

Australian cloud expense and software provider expensemanager has partnered with Sage Intacct to offer cloud expertise and invoice management on the latter company's Intacct Marketplace, a press release says.

Expense Management

CPA Practice

AUGUST 26, 2024

Embracing Automation The platforms and solutions that are quickly becoming table stakes for accounting firms often offer automation tools that can be applied to optimize sometimes-tedious processes and workflows. Accounts Receivable automation can be applied to invoice generation, cash application, and generating client statements.

Technology

PYMNTS

SEPTEMBER 6, 2019

Corporate expense management solution provider Divvy is expanding its product offering with the introduction of Bill Pay, announced Thursday (Sept. Bill Pay, paired with the rest of the Divvy platform, offers financial leaders a single source for all their spend and expense management needs.”.

Expense Management

PYMNTS

OCTOBER 30, 2019

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

Expense Management

CPA Practice

SEPTEMBER 7, 2023

Divvy, the spending and expense management system, has been renamed as BILL Spend & Expense. Now, we are making it easier to access both AP and AR as well as spend and expense management with a single brand and website,” the company said in a statement. The Divvy system was acquired by BILL in May, 2021.

Accounts Payable Automation

Cherry Bekaert

MAY 7, 2024

Accurate Accounting of Employee Expenses: Integrated expense management: Sage Intacct seamlessly integrated with the Company’s expense management system, ensuring accurate and timely recording of employee expenses Policy compliance: The system helped enforce expense policies, reducing the risk of non-compliance and improving financial accuracy 4.

Accounts Payable Automation

PYMNTS

MARCH 23, 2020

Proactis , a U.K.-based based eCommerce firm, is hoping its new bePayd service will help invoices get paid faster, particularly in the trying times of the coronavirus pandemic, according to a press release. The new service will allow invoice payments to go through almost immediately.

Expense Management

PYMNTS

JANUARY 29, 2020

Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Event managers are responsible for managing team members’ expenses, reconciling transactions and keeping receipts, she said.

accounts payable

PYMNTS

JANUARY 13, 2021

Expense management technology provider Medius and international eDocument service company Pagero have collaborated to help companies handle digital invoices. Medius has long provided companies with technologies related to the accounts payable (AP) workflow. 13) announcement.

AP Automation

CPA Practice

DECEMBER 17, 2023

Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable. 52% of AP teams plan to adopt or invest more in automation this year, seeing the opportunity to increase productivity, better manage cash flow and reduce risk, among other benefits.

AP Automation

Xero

AUGUST 7, 2024

BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you. Ramp Ramp is the platform for modern finance teams, combining corporate cards with expense management and accounts payable in one solution, so you can automate your finance operations.

E-commerce

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere.

Expense Reimbursements

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

accounts payable

MineralTree

APRIL 13, 2023

Finance teams can reduce manual processes, improve accuracy, and reduce costs simply by automating processes such as accounts payable , expense management, and invoice processing. Our TotalAP solution streamlines accounts payable processes, improves financial visibility and control, and reduces costs.

accounts payable

PYMNTS

OCTOBER 21, 2020

Emburse , which works in expense management and accounts payable automation, has launched Emburse Global Reimbursements, intended to help pay employee expenses in a more efficient, cost-effective way.

Expense Reimbursements

PYMNTS

FEBRUARY 20, 2019

UMB Financial Corporation is teaming up with Bottomline Technologies to integrate an accounts payable management offering for corporate customers. based Fraedom, integrating its corporate payments, commercial card and expense management solutions for business customers.

accounts payable

PYMNTS

OCTOBER 8, 2019

Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. Reports in IT Wire on Monday (Oct. The tool is designed to enable SMBs to pay their vendors with commercial cards, even if that vendor does not accept them. “In

accounts payable

PYMNTS

JUNE 17, 2020

Also focusing its corporate card offering on expense management is Payhawk , which has announced a partnership with Wirecard to roll out commercial card products, PYMNTS reported. The companies revealed that their collaboration supports expense management and integrated budgeting and spend control.

Spend Management

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). What is Accounts Payable Technology and What is its Role? In essence, AP technology enables businesses to efficiently handle the process of paying their bills and managing their outstanding liabilities.

AP Automation

PYMNTS

DECEMBER 7, 2020

There are many technologies that are gaining traction in this shifting environment, but virtual cards are emerging as uniquely poised to meet businesses’ need for flexible spend management tools and employees’ demands for touchless payment options. About The Playbook.

B2B

PYMNTS

JANUARY 2, 2019

Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

B2B

CPA Practice

NOVEMBER 22, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Ramp , a finance platform that uses AI and other machine learning technologies to automate AP, expense management and spend management. RAMP is a spend management program now don’t hang up just because I’ve said spend management. So you can go forward.

Technology

SMBAccountant

MAY 17, 2024

Budgeting helps with financial planning, expense management, cashflow management, goal setting, and identifying plausible opportunities and associated risks. Additionally, they provide accountability to everyone involved. Accounting software packages typically come with options to bill customers.

accounting software

PYMNTS

JANUARY 17, 2018

The corporate expense management market doesn’t look like it once did. The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide.

Expense Management

PYMNTS

JUNE 24, 2016

While there may be a flurry of solutions for the enterprise to manage spend across a variety of business operations — accounts payable, travel and expense management or procurement — rarely do these solutions meet the spend management needs for all three areas.

accounts payable

PYMNTS

MAY 1, 2020

Challenger banks targeting small businesses with a range of digital-native services became a bright spot in this week’s roundup, though logistics and expense management also landed on the board. It was a niche B2B eCommerce platform for the architecture and design arena, however, that landed the most funding. Material Bank.

Expense Management

PYMNTS

DECEMBER 20, 2018

With innovations introducing virtual card technology and data analytics into the fold, the commercial card space is positioning itself to address some of the emerging challenges of business payments in accounts payable and beyond. Payroll company ADP recently estimated that as much as 80 percent of U.S.

Expense Management

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. We believe the team has built a fantastic SaaS product for the global market,” said Adith Podhar, Gemba Capital managing partner.

AP Automation

PYMNTS

APRIL 30, 2019

Yet, just as SMBs can be too small to be considered corporate, high-net-worth individuals can have financial service needs that are too big to fit into the traditional consumer financial management range of products offered to the Average Joe. “There is a specific need for these families,” she told PYMNTS in a recent interview.

Finance

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Travel Expense Management. Corporate travel and expense management startup Baoku Online, based in China, secured Series A funding , the firm said Monday (Nov. with an $18 million investment. Baoku Online.

B2B

PYMNTS

OCTOBER 7, 2016

6), as they make an effort to reduce the burden of manual invoice data collection for accounts payable professionals. The firm will include expensemanager Software products into its ERP service, the companies announced on Thursday (oct.

accounts payable

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Traditionally, different categories of business spending, including employee expenses, supplier payments, payroll and others, have been tackled separately.

accounts payable

PYMNTS

MAY 15, 2018

Corporate expense management firm Chrome River is collaborating with India-based travel company Yatra , the companies announced on Monday (May 14). Rich added, “In addition to the need for increased control and visibility into spend, companies are looking for expense reporting solutions, which work across any mobile platform. .”

Expense Management