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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.

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Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

In this month’s Feature Story, Caleb Jenkins , leader of client accounting services for tax and accounting firm RLJ Financial , describes how the firms’ need for real-time payment options is peaking amid the pandemic and how virtual cards can help deliver the faster payments options they need to stay afloat. About The Playbook.