article thumbnail

Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

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.

article thumbnail

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

Airbase

Classify and communicate the scope of unmanaged spend. Choose your tools — implement capable spend management tools. Perform a spend assessment (implement tools with real-time insights and pullable reports). Automate the purchase requisition and purchase order approval processes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Moving The Business Payments Focus From Price To Process

PYMNTS

As Joiner explained it, getting various stakeholders on board to institute a virtual corporate card, for example, or other spend management tools — along with the great diaspora of the workforce — is a challenge. Yet there’s a wide gulf between considering the great shift to digital B2B payments and actually making the leap.

article thumbnail

Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. The firm has more than $2 billion in assets. Bank Is Doing to Drive Virtual Card Adoption.

article thumbnail

B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

GoExpedi connects businesses in the industrial and energy spaces with a B2B eCommerce platform, supplier sourcing resources, and spend management tools. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and existing backers also participated. According to BusinessLeader.co.uk billion in payments every year.

B2B 43