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Combining Personal And Business Spend Management — The Right Way

PYMNTS

Small business accountants have a bone to pick with their clients. A survey released by Intuit this week found that SMB accountants say the top challenges to being able to do their jobs include small businesses failing to adequately keep records, not using accounting software and not staying on top of bills.

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VCs Back FinTechs That Help Other Firms Manage Money

PYMNTS

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5

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B2B FinTech Kicks Off 2021 With An Investment Bang

PYMNTS

With the new investment, Oxygen said it will invest in growing its team, accelerating growth and developing new consumer and small business banking products. France-based small business accounting technology startup Pennylane has secured $18.4 Corporate spend management startup Divvy is now valued at $1.6

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AI Finds Harmony With Accounting, Procurement Professionals

PYMNTS

While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials. Accounting could be among the hardest hit industries.

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Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa.

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Beyond The US, Open Banking Goes Beyond The Consumer

PYMNTS

the latest agreements and product releases in the B2B world are showing how Open Banking can have a similarly profound impact on corporate and small business banking and financial services, too. businesses to connect their bank account data directly into Soldo’s business spend management platform.

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SME Cash Management Startups Grab $93M In Funding

PYMNTS

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. In total, businesses secured more than $145 million in venture capital (VC) across the U.S., Canada and India.