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TravelBank, U.S. Bank Team On Virtual Cards, Expense Management

PYMNTS

Bank in order to integrate the former’s travel and expense management platform with the latter’s U.S. Bank Instant Card, in order to boost expense management for corporates, according to a press release.

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How Virtual Cards Can Help Businesses Stay On Top Of Spend Management

PYMNTS

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. Bringing Virtual Cards To A Virtual B2B World. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses.

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Looking Within The Enterprise To Unlock Spend Data Silos

PYMNTS

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. A business may have one platform for their corporate card, another for AP, and another for employee travel expense management.

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The Expense Analytics Challenge Of Complex Invoices

PYMNTS

Telco and utility are the most common industries in which complex vendor invoices can lead to over-charges or B2B payment errors, but Hill noted digitization of the global economy is introducing new markets that contribute to higher volumes of complex invoices, like cloud computing and storage. Expanding Use-Cases.