PYMNTS

MARCH 10, 2020

Historically, said Airbase CEO Thejo Kote, finance and accounting teams have been forced to work around the friction of a fragmented spend ecosystem. But there is an opportunity in consolidating spend data across platforms, he told PYMNTS, and it starts with bringing spend management and payments closer together.

Spend Management 58

Spend Management Travel Expense Management general ledger accounts payable 58

CPA Practice

AUGUST 25, 2023

Business travelers report numerous, costly mistakes with manual entry, including missing receipts, duplicated expenses, and mathematical errors. “As Nearly all businesses report the need to set tighter travel budgets and implement more accurate expense reporting amidst economic turbulence.”

Finance 98

Finance Travel Expense Management Technology Expense Management 98

PYMNTS

FEBRUARY 24, 2017

The most lucrative players are operating in the SME finance space, with a small business banking startup landing more than a quarter of the funding. Prospa is reportedly already working on a new SME invoice financing solution and has several partnerships in play, including one with Xero and with Reckon. Travel Expense Management.

B2B 43

B2B Travel Expense Management accounting and finance Finance 43

PYMNTS

FEBRUARY 25, 2019

As such, they can struggle to organize flight bookings, handle payments, manage trip expense records and more. The February Workforce Spend Management Tracker , a collaboration with PEX , tracks how solution providers are seeking to bridge this gap to meet the business travel expense management needs of SMBs and freelancers.

Spend Management Solutions 49

Spend Management Solutions Spend Management Expense Management Travel Expense Management 49

PYMNTS

JULY 24, 2020

Highlighting the “clunky” and “difficult-to-use” nature of many enterprise software solutions, Jirav CEO and Co-founder Martin Zych said finance teams need modern, agile solutions to elevate their finance and accounting operations through business intelligence. Selina Finance. million in new funding, U.K.-based

B2B 64

B2B accounting and finance Finance New York 64

PYMNTS

SEPTEMBER 1, 2017

the company provides travel, expense management and rewards for corporates, the latter being a unique offering rewarding businesses for booking cheaper travel. Based in the U.S., The funding will be put towards expanding staff and developing its product as TravelBank continues its focus on SMB clients. B2B eCommerce.

B2B 54

B2B Expense Management Travel Expense Management small business accounting 54

PYMNTS

SEPTEMBER 26, 2016

Corporate expense management firm Coupa is ready to go public, and sources are now revealing new details about the plans for the firm post-IPO. Reports by Business Travel News late last week said Coupa is likely to use the funds raised from the initial public offering to finance acquisitions.

Expense Management 69

Expense Management Finance Travel Expense Management B2B 69

PYMNTS

NOVEMBER 11, 2016

The deal is an extension of their existing partnership, announced last year, that saw the two firms roll out a corporate travel solution across North America. “With this new partnership, Chrome River and Amadeus are able to offer the flexibility to use closely integrated solutions.”

Expense Management 57

Expense Management Finance Travel Expense Management B2B 57

PYMNTS

SEPTEMBER 13, 2018

Jolly, Bank of America head of financing and channels in Global Transaction Banking, in a statement. Support for a range of mobile wallets adds to Bank of America’s existing mobile corporate payment service capabilities, the FI noted. The result should be faster transactions and greater peace of the mind for the cardholder.”.

accounting and finance 56

accounting and finance Finance Travel Expense Management Expense Management 56

PYMNTS

JUNE 24, 2020

This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. The firm, previously known as Lunchr, offers businesses a payment card solution for employees to finance their lunches.

accounts payable 52

accounts payable Expense Management accounting and finance B2B 52

PYMNTS

DECEMBER 11, 2018

According to the data, employees across the professional services space saw the highest value of rejected expenses. It’s a broad category of professionals, which includes financial advisors, accountants, and other non-finance services including engineers, lawyers and architects.

Expense Management 56

Expense Management audit accounting and finance CPA 56

PYMNTS

JANUARY 30, 2017

Or, employees need to pay attention from their own pocket and fill in an expense report, which is an unnecessary administrative burden for them and a lot of paperwork for the finance team.”. The amount available on each card is easily controllable.”. “It Spendesk announced last week that it raised $2.2

Expense Management 52

Expense Management B2B Spend Management Finance 52

PYMNTS

SEPTEMBER 16, 2019

Below, PYMNTS breaks down some of the numbers behind the B2B payments and finance digitization journey. But experts warn that there is still much work to be done, and while there is promising evidence of progress, legacy processes and technologies remain prominent — particularly within smaller businesses.

B2B 54

B2B payroll Technology accounting and finance 54

PYMNTS

APRIL 11, 2018

Analyzing the dollars and cents associated with business trips is now a fundamental part of an organization’s travel and expense (T&E) strategy to ensure that it can squeeze every penny in added revenues and profits out of each trip. It’s not an easy feat, however.

accounts payable 40

accounts payable Expense Management Travel Expense Management accounting and finance 40

PYMNTS

NOVEMBER 1, 2017

Further, some travel managers admitted they were unsure of whether their companies are being hit with fees when using corporate cards. procurement or finance) while another team actually executes on that contract (e.g. travel),” explained AirPlus International CEO and President Rebecca Kilby in another statement. “It

Finance 53

Finance Travel Expense Management Expense Management B2B 53

PYMNTS

APRIL 4, 2016

It’s no April Fools’ joke: 2016’s first quarter has already wrapped and, with its closure, comes a wave of data looking back at the state of corporate finances. billion worth of exaggerated expense reports slam businesses every year , found Chrome River.

Expense Management 40

Expense Management B2B Finance payroll 40

PYMNTS

JUNE 24, 2016

“InternationalXpense streamlines the expense claim process and assists finance teams to drive compliance and prevent fraud.” ” The solution, the company added, is supported by both desktop and mobile devices. Earlier this year, TMF Group launched another solution with similar goals of reducing the burden of paper.

Expense Management 40

Expense Management Technology audit Finance 40

PYMNTS

SEPTEMBER 18, 2018

This naturally extends beyond their leisure time and into their business travel, as they find ways to inject leisure into business trips,” wrote Rocketrip Founder and CEO Dan Ruch for an article in Inc.com , published last year. “What does this mean for finance leaders?

Technology 55

Technology Expense Management Transportation accounting and finance 55

PYMNTS

AUGUST 14, 2018

13), Conferma estimated that employees spend more than $380 million of their own funds to finance their business trips, which they expense out later on. surveyed by Conferma said they use their own money to pay for work-related expenses at least once a month. In its latest research , published Monday (Aug. 2017 statistics).

Expense Management 40

Expense Management accounting and finance B2B Finance 40

PYMNTS

FEBRUARY 29, 2016

In a separate statement, Concur’s senior manager for business development in EMEA travel, Eoin Landers, noted that travel spend is becoming an increasingly larger focus for businesses that need to manage their finances.

Expense Management 40

Expense Management Finance Travel Expense Management B2B 40

PYMNTS

MAY 18, 2016

“Our integration provides MacNair customers with seamless payments, and the combination of our virtual card platform and mobile app delivers a truly exceptional travel payment solution for TMCs to offer their clients,” stated CSI globalVCard SVP of Partner and Travel Operations Juliann Pless in another statement.

accounts payable 40

accounts payable B2B Spend Management accounting and finance 40

PYMNTS

JANUARY 18, 2018

Swiss financial services conglomerate UBS is taking steps to improve its own back-office finance functions, working with PredictX to do so. 17) that UBS will integrate PredictX artificial intelligence and predictive analytics to improve its travel and expense management. The companies announced news on Wednesday (Jan.

Expense Management 40

Expense Management Finance Travel Expense Management B2B 40

PYMNTS

JULY 17, 2017

Business travel among the world’s corporates reached a new high in 2015 of $1.2 trillion by 2020, so there is a lot of room for improvement in how companies finance business trips. Key to understanding business travel spending is understanding the business traveler, O’Bryan says.

Technology 46

Technology Travel Expense Management Finance Expense Management 46

PYMNTS

SEPTEMBER 26, 2016

PYMNTS takes a look at globe-trotting SMEs to discover the trends of small businesses’ global dealings, from business travel to cross-border trade. Exposure to globalization can fuel business expansion or threaten it, depending on strategy. Those potentials and threats, however, expand beyond foreign exchange challenges. 71 % of U.S.

B2B 59

B2B Transportation Travel Expense Management Expense Management 59

PYMNTS

AUGUST 20, 2018

Business travel is connected to multiple areas of the enterprise, from procurement to the chief executive officer and, of course, finance. Today, the supplier sourcing process often includes discussions on how to pay those vendors and, according to Moscovici, this is one part of the industry that is in great need of disruption.

Technology 40

Technology Travel Expense Management Finance Expense Management 40

PYMNTS

JUNE 29, 2016

company executives to travel to and from Cuba, taking their corporate finances with them. It’s also a move that could have significant impacts on the ability for corporate travelers to operate in Cuba (and stay in hotels there), in more ways than one. . brand, Four Points by Sheraton, since 1959.

payroll 40

payroll Florida Entertainment Travel Expense Management 40

PYMNTS

JUNE 2, 2017

Reports Thursday (June 1) said venture capitalists are paying closer attention to the B2B side of FinTech with a particular focus on supply chain and supplier finance, B2B software, and solutions that hit both the AR and AP side of transactions. and Canada – and bolstering its team.

B2B 41

B2B Travel Expense Management Expense Management Technology 41