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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

An employee’s accidental use of her corporate card to pay for groceries isn’t a crime, but it does fall under the heading of “ friendly fraud ,” which creates friction for the accounting department. SMBs and owners often serve as both CEO and CFO, which means everything is their problem.

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Disaster-Proof Spend Management Solutions — For When Disaster Strikes

PYMNTS

AirPlus International , a business travel management payment solutions provider, and corporate travel platform provider Pana recently paired up with the intention of resolving pain points for contractors and other non-employees who may need to travel for the companies hiring them.

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Modern spend management software unlocks new value drivers.

Airbase

You’re likely focused on getting maximum value for any expenditure — a higher ROI and greater impact — which is exactly what modern spend management solutions can provide. Let’s have a look at why businesses are moving to adopt modern software solutions and where that value comes from. Happy employees. Flexibility.

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How Stanley Steemer Scrubs Complexity From Employee Reimbursement

PYMNTS

While fleets are essential, operating a network of vehicles can be messy for many SMBs, especially when it comes to reimbursing employees for on-the-job spending. Workforce and spend management tools are being deployed to scrub the inefficiencies from SMBs’ reimbursement processes. About The Playbook.

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Payroll: Is it the best way to pay expenses?

Accounting Insight

Some companies pay expenses through payroll, but this isn’t ideal as it can leave employees out of pocket and waiting until the end of the month to be reimbursed. It also leaves finance teams in the dark about expenses instead of giving them vital real-time visibility over company spending. What is payroll?

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Paytm Enters Employee Spend Management With Food Wallet

PYMNTS

Paytm, an India-based ePayments and eCommerce conglomerate that typically focuses on B2C payments, is launching a new feature geared toward employee payments and corporate cash management. Corporate employees can now pay for their food and beverages using their mobile on the go and keep track of all payments made on the app.

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Card reconciliation: Best practices for accuracy and efficiency

Accounting Insight

This story might sound familiar if you haven’t yet adopted a spend management solution that includes Visa corporate cards and expense management software. Your team does not need to waste their time chasing down receipts or manually matching your spend to the correct invoice.