article thumbnail

The treasury function: Its role in protecting financial resources.

Airbase

An automated, consolidated spend management platform helps treasury departments gain the visibility and control they need to build responsiveness for a turbulent economy. Let’s take a look at the interaction between the treasury function and spend management. How does spend management help the treasury function?

article thumbnail

Invoice Automation: What you need to know.

Airbase

However, proper data management and double-checking the data will remain important to maintain the accuracy of the invoicing process. 3-way match is a process used in accounts payable to ensure that invoices are accurately matched to the correct purchase order and corresponding goods received note (also called the receiving report).

Insiders

Sign Up for our Newsletter

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

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

Commercial Cards Gear Up For Corporate Travel’s Return

PYMNTS

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. Expensify Links Cards To Booking.

article thumbnail

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.

article thumbnail

How AR-AP Connectivity Works To Deepen Buyer-Supplier Ties

PYMNTS

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations.

article thumbnail

Vroozi Debuts Supplier Payment Feature With Nvoicepay

PYMNTS

Corporate spend management platform Vroozi is enabling its corporate users to pay their suppliers from directly within its platform through a partnership with Nvoicepay. 25) that Vroozi’s purchasing and spend management portal will now integrate Vroozi Pay to round out its procure-to-pay offering.