CPA Practice

JANUARY 31, 2024

A new survey of business financial leaders shows that, while nearly half of respondents (46%) increased corporate card usage over the past year, only 2% have increased adoption of expense management software, creating compliance and visibility challenges for employees and finance teams. Upwork reports that 32.6

Expense Management 111

Expense Management accounting and finance Finance Account 111

Accounting Insight

AUGUST 15, 2023

Best practices for travel expense management Travel expense management can be overwhelming, especially if your business revolves around international clientele. Dealing with never-ending expense claims can prove to be a tedious and time-consuming task that uses up important resources.

Travel Expense Management 52

Travel Expense Management Expense Management Transportation accounting and finance 52

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.

Expense Management 59

Expense Management accounting and finance Tax Finance 59

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.

Travel Expense Management 59

Travel Expense Management Expense Management Entertainment Technology 59

CPA Practice

MARCH 21, 2024

SAP Concur held it’s Fusion 2024 conference in mid-March, and announced product developments and partnerships at the event. The new booking experience in Concur Travel launched last August , featuring a consumer-grade user experience with a streamlined booking and checkout process.

Expense Management 52

Expense Management Technology accounting and finance Spend Management 52

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.

Expense Management 90

Expense Management Account accountant accounted 90

Accounting Web

JUNE 24, 2022

Trends Is Expense Management Due for Consolidation?

Expense Management 84

Expense Management 84

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.

Expense Management 78

Expense Management Spend Management Technology B2B 78

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.

Expense Management 70

Expense Management general ledger B2B 70

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.

Expense Management 67

Expense Management B2B Spend Management audit 67

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.

Expense Management 56

Expense Management Approval Workflows B2B 56

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

Expense Management 56

Expense Management B2B Finance Technology 56

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.

Expense Management 66

Expense Management payroll Technology Spend Management 66

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.

Expense Management 55

Expense Management Employee Expense Reimbursement Expense Reimbursements Healthcare 55

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.

Expense Management 57

Expense Management Start-ups Technology Account 57

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.

Expense Management 49

Expense Management Technology B2B 49

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.

Expense Management 52

Expense Management Technology bookkeeping accounting and finance 52

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.

Expense Management 59

Expense Management Technology Spend Management B2B 59

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.

Expense Management 43

Expense Management Technology B2B 43

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.

Expense Management 43

Expense Management Technology Spend Management Account 43

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.

Expense Management 50

Expense Management accounting and finance small business accounting Finance 50

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

Expense Management Technology accounting and finance audit 57

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.

Expense Management 49

Expense Management accounts payable Spend Management Account 49

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.

Expense Management 71

Expense Management 71

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.”

Expense Management 46

Expense Management Technology income tax Tax 46

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.

Expense Management 40

Expense Management B2B Travel Expense Management 40

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.

Expense Management 52

Expense Management Spend Management Spend Management Solutions accounting and finance 52

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.

Expense Management 57

Expense Management Spend Management B2B 57

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.

Expense Management 57

Expense Management Technology B2B 57

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.

Expense Management 43

Expense Management B2B Travel Expense Management 43

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.

Expense Management 46

Expense Management Spend Management Technology Account 46

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

Expense Management 41

Expense Management Technology audit Spend Management Solutions 41

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.

Expense Management 70

Expense Management Expense Reimbursements B2B Maine 70

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.

Expense Management 49

Expense Management B2B Travel Expense Management 49

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.

Expense Management 40

Expense Management Technology Spend Management B2B 40

PYMNTS

DECEMBER 19, 2017

In addition to employee expenses, another key challenge for companies is the money they spend, and sometimes waste, on subscription services. In the quest to grab greater control over and visibility into company spend, Alex Bean, co-founder and COO of expense management company Divvy , said strategies must be proactive, not reactive.

Expense Management 63

Expense Management Account accountant accounted 63

PYMNTS

NOVEMBER 8, 2020

Australian cloud expense and software provider expensemanager has partnered with Sage Intacct to offer cloud expertise and invoice management on the latter company's Intacct Marketplace, a press release says.

Expense Management 79

Expense Management Technology Expense Reimbursements accounts payable 79