article thumbnail

Procurement Tech Offers Relief To Healthcare Firms Stretched To The Brink

PYMNTS

Procurement within the healthcare industry is perhaps more complex than most sectors thanks to an array of factors, but when the pandemic hit, many of the typical challenges exploded into insurmountable hurdles. Even outside the circumstances of a global pandemic, healthcare procurement processes can be convoluted. Digitization Ahead.

article thumbnail

Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

Despite the influx of spend management software products, all designed to make employee spending easier to manage, many of these gaps remained. This is why we’re seeing intake solution providers adding accounts payable automation to their offering. Accounts payable and procurement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

Traditionally, this meant largely unmanaged spending since companies were never sure how much was put on cards. As a result, they lacked real-time control over that spend. There are different definitions of spend under management. Classify and communicate the scope of unmanaged spend.

article thumbnail

Moving The Business Payments Focus From Price To Process

PYMNTS

Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing. Yet there’s a wide gulf between considering the great shift to digital B2B payments and actually making the leap.

article thumbnail

CAS 101: Building a CAS Practice

CPA Practice

If your firm is already providing some CAS offerings, such as expense management, payroll or accounts payable, the transition to a full CAS practice might be even easier. It’s important for accounting firms to understand where the client need is when thinking about developing specialty areas.

article thumbnail

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

PYMNTS

The B2B FinTech space saw its fair share of venture capital, too, with investors targeting spend management, alternative small business lending, workforce management and enterprise crypto services — plus, some news of a few more investment rounds likely on the horizon.

B2B 69
article thumbnail

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. According to Tipalti CEO and co-founder Chen Amit, “manual accounts payable processes are no longer an option.”.

B2B 59