Earlier this week, clean technology firm Sensus chose to integrate the spend analysis and eSourcing tools from Zycus into its workflow. The new spend analysis implementation will include Sensus’ iCost feature, which permits spend analytics in approximately 1,200 market price and cost models and the company’s...
PayPal announced the expansion of its SMB working capital program yesterday, a program that has already extended more than $150M to SMBs in the U.S. In addition to raising the borrowing limit to $60k, PayPal expanded the program to the U.K. and Australia. At its...
Online invoice trading firm MarketInvoice and online accounting software company Xero announced this week that they had entered into a strategic partnership to provide better funding to UK businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Smart process applications provider Kofax announced this week that a global engineering firm chose to use various Kofax technologies to automate the capture and processing of invoices, as well as provide advanced analytics to monitor and meet internal key performance indicators (KPIs). Get the Full...
B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship with travel agencies. With its newly acquired Evolution1 healthcare technology company, WEX may could bring the virtual card to the...
Volpe Express announced this week that it invested in a new back office management system for 24/7 bill entry processing and reporting through a cloud-based portal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A $10 billion annual revenue for an industry is not too shabby, nor is a 12 percent revenue increase from the year before. With a recent study showing that supply chain management revenue is on track to hit its highest levels since 2011, it’s clear...
According to recent research from Bacs Payment Schemes, late payment debt for UK businesses has reached £46.1 billion. In effect, approximately one quarter of UK businesses are paying their suppliers late because they themselves are still waiting for payment. Get the Full Story Complete the...
When two unrelated consumer services—within a day—both made B2B corporate payment moves, it reflected more than B2B payment momentum. Both Uber and Airbnb recently announced new versions of their mobile apps that are geared toward helping organizations book and expense business trips. But what exactly...
