Accounting Insight

JANUARY 18, 2023

The good news is that with the help of smart expense management software , you can recover VAT on many of your company’s expenses. And because of this, many companies would rather write VAT off as an expense than allocate resources to recover their rightful funds. What is a VAT reclaim? Book a demo today.

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CPA Practice

SEPTEMBER 23, 2023

At its third annual Illuminate conference , Tipalti , the leading global finance automation platform, today announced the general availability of Tipalti Expenses , a comprehensive solution for automating and managing employee spending and reimbursements globally.

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Accounting Insight

FEBRUARY 21, 2023

Likewise, larger enterprise businesses get nervous about too many T&E expenses as they can be difficult to track when multiple employees travel and often use bank-held company cards and separate expense management software. Read more about mileage expenses and per diems on our travel expense management page.

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AccountingDepartment

OCTOBER 10, 2023

When running a business, keeping track of expenses can be a daunting task. From petty cash expenses to vendor payments, you need to ensure every penny spent is accounted for. That's where expense reports come in.

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Accounting Web

JUNE 24, 2022

Trends Is Expense Management Due for Consolidation?

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PYMNTS

NOVEMBER 23, 2020

Global Commercial Cards tailors to the requirements of firms of all different sizes and speeds up the workflow of everyone who participates in the expense management procedure, according to the announcement.

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PYMNTS

SEPTEMBER 22, 2020

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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PYMNTS

NOVEMBER 1, 2020

Corporate travel and expense management solution provider Serko has launched its Zeno Expense tool in North America, giving customers a new option for B2B travel management, a press release on the company website stated, alongside the company's Zeno Travel tool that was already available.

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PYMNTS

AUGUST 13, 2020

The company aims to provide both expense software and cards, instead of having companies use different teams for each one as has been done before. That tightens the loop between spend and expense management, the release says, and can save customers around five days each month.

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Airbase

DECEMBER 5, 2023

Steps to create effective business expense reports. 1) Gather and organize your receipts and expense documentation. 2) Using touchless expense reports. 4) Categorize your expenses for clear reporting and analysis. 5) Use a spreadsheet or an expense management solution to create the report.

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PYMNTS

APRIL 19, 2020

TravelBank ’s new Work From Home platform will allow businesses to set expenses and figure out logistics for working from home during the coronavirus pandemic, according to a press release.

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PYMNTS

JUNE 23, 2020

for expense management, promising more efficient report approval and more options for businesses, according to a press release. SutiSoft , which provides cloud-based programs for business payments and finance operations, has rolled out its new SutiExpense 9.2

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PYMNTS

NOVEMBER 23, 2020

For purposes of this analogy, the “basement” into which bad mice are creeping is most likely your legacy payroll/expense management software and its possibly compromised connections. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

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PYMNTS

OCTOBER 19, 2018

Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. The enhancement supports employee expense reimbursements as well as micropayment disbursement and payment to employees for travel allowances to support mobile workforces, Microsoft said at the time.

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Insightful Accountant

MAY 1, 2023

Fyle is helping give small businesses real-time visibility of their credit card data by directly integrating with payment networks like Visa and Mastercard.

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PYMNTS

JUNE 7, 2019

Corporate travel booking firm Deem is closing down its expense management platform. Reports in Business Travel News on Thursday (June 6) said Deem plans to close Deem Expense in 18 months, and will transition its current users to the Certify platform. Certify is part of Deep’s Open Expense Alliance, reports noted.

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PYMNTS

MAY 19, 2020

Brex is tapping the new funds for engineering and design to advance its tools for expense management and procurement. “We We are excited to have a front-row seat as Brex continues to revolutionize financial services,” said David Craver , portfolio manager and managing director for Lone Pine Capital.

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PYMNTS

NOVEMBER 16, 2016

Runzheimer International has decided to step away from the corporate expense management industry. The company is reportedly exiting the space in favor of offering its clients’ expense management solutions, integrated from partners like Concur Expense and Databasics.

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PYMNTS

MAY 1, 2019

Corporate expense management company Divvy announced a $200 million fundraise on Tuesday (April 30) led by NEA. “Divvy has hit on a compelling product, addressing a pain point experienced by every business in the world,” said NEA Managing General Partner Scott Sandell in a statement. million raised by the company.

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PYMNTS

JULY 25, 2019

A new corporate expense management company, Sweep , officially launched Wednesday (July 24), targeting startups and small businesses with automated spend tracking. According to the company, those data protection regulations have changed the way businesses must process their company expenses.

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PYMNTS

DECEMBER 11, 2019

based Metro Bank has begun piloting a new corporate expense management solution in partnership with Canadian FinTech Sensibill , a press release said Wednesday (Dec. The new service provides automated data capture on receipts for professionals traveling and making purchases on behalf of their companies.

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PYMNTS

OCTOBER 16, 2019

Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. 15) said ScaleFactor is launching a ScaleFactor Visa Card, a commercial card designed for small businesses to manage spend and customize their expense management workflow.

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PYMNTS

SEPTEMBER 6, 2019

Corporate expense management solution provider Divvy is expanding its product offering with the introduction of Bill Pay, announced Thursday (Sept. Bill Pay, paired with the rest of the Divvy platform, offers financial leaders a single source for all their spend and expense management needs.”.

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PYMNTS

DECEMBER 3, 2018

It’s certainly the case for expense management, said Karim Jouini, CEO of France-based Expensya. Indeed, one of the biggest mistakes a company can make in its expense management strategy is “underestimating the importance of these three success factors in a process: data, data, data,” he said.

Expense Management 57

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PYMNTS

FEBRUARY 6, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. Blackbaud Purchase Cards are designed for “social good organizations” to digitize their accounts payable processes and enhance spend management for employees.

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PYMNTS

FEBRUARY 19, 2018

India expense management company Happay secured more funding after its Series B round, according to an unnamed source cited by VCCircle on Friday (Feb. The company also provides expense report generation tools, international travel cards and other card products based on spend category and scenario.

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PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “We are more than welcoming them.”

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PYMNTS

NOVEMBER 30, 2018

Uber for Business is continuing to broaden its corporate expense management support with two new integrations for business travelers. Business travelers using Expensya’s expense management solution will be able to see their Uber trips automatically added into the platform for streamlined record keeping and reconciliation.

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PYMNTS

DECEMBER 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. One such firm is management and distribution company Sysco , which distributes food and beverage products to restaurants, healthcare and educational facilities.

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PYMNTS

JANUARY 23, 2019

Mooncard, a France-based FinTech that provides businesses with payments cards and expense management solutions, has announced $5.7 Mooncard combines a physical card solution with a digital expense management platform to streamline the spend management process for businesses. million employees, Leteurtre said.

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PYMNTS

NOVEMBER 24, 2020

Today in B2B payments, corporate acquirers get creative with technology in a pandemic world, while BBVA upgrades its expense management offering. Plus, Sleek raises $4 million, JAGGAER upgrades its treasury management tool and AWS teams with Orange Business Services to accelerate corporates' digital cloud migrations.

Expense Management 52

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PYMNTS

SEPTEMBER 19, 2018

Corporate travel and expense management firm Certify said in a press release Tuesday (Sept. The company secured an agreement to acquire Europe’s Captio , an expense management solutions provider, marking Certify’s first takeover outside of North America.

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PYMNTS

JUNE 22, 2018

Ride-hailing app Lyft is continuing to target its business travel users through enhancements of expense management support. The platform will display several expense codes from within the Lyft platform that riders can choose from to categorize their expenses for easier filing, the company noted.

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PYMNTS

MARCH 6, 2018

Happay , a business expense management company based in India, has landed a partnership with HDFC Bank , reports in Business Standard said on Monday (March 5). The company will link HDFC small business (SMB) customers to its travel and expense management solution, which is tied to a prepaid card.

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PYMNTS

SEPTEMBER 6, 2018

corporate expense management solutions provider Fraedom , which was recently acquired by Visa , will be providing its commercial card technology to U.S.-based ” said Uma Wilson, UMB senior vice president and director of product management, in a statement.

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PYMNTS

OCTOBER 30, 2019

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

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PYMNTS

OCTOBER 29, 2020

Pleo is offering new services bundled under the brand Pleo Pocket that will make it easier for businesses to centralize financial information, according to a blog post. The new tool streamlines employee spending data, like mileage costs, employee reimbursements and ATM withdrawals, according to the post.

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