Spend management solution Airbase has added automated procurement features that are designed to support the purchasing processes of mid-market and larger companies. The new automated features include documentation and data routing, three-way purchase order (PO) matching and custom tagging of additional stakeholders, Airbase said in...
Venture capital (VC) firm Andreessen Horowitz got into blockchain and cryptocurrency early, making large investments in a wide range of fields, just as it did while building itself into a giant during the internet boom of the late 1990s and early 2000s. But as the...
With an arsenal of a dozen brands and D2C websites, a vast wholesale business and 1,300 of its own physical stores, VF Corporation has a unique purview of the global apparel industry. While the Denver-based holding company is actively pushing new product designs, designer partnerships...
Retail sales of both new and used vehicles remain below historical levels due to inventory constraints, executives of automotive retailer AutoNation reported Thursday (Oct. 27) during the company’s quarterly earnings call. During the quarter ended Sept. 30, the retailer’s new vehicle sales were down 5%...
With the bulk of its customers worrying about inflation heading into the holidays, Walmart has debuted a trio of new services designed to help online shoppers save time. The retailer will allow shoppers to skip checkout with a “Buy Now” button on most products, “allowing...
At any company today, but especially at a startup, chief financial officers (CFOs) must be ready to do several jobs, help teams throughout the organization and partner with customers. “Even if you’re at a large Fortune 100 company, a CFO’s role these days is not...
Consumers want to return products in person, even when they’ve purchased the items online. In fact, 54% of consumers would prefer to drop off their returns at a retailer — either the store where they purchased it or a third-party retailer — rather than having...
Retail behemoths Amazon and Walmart have become the two fiercest competitors for consumers’ retail spending. While the proliferation of mobile devices, apps and payment technologies makes online shopping ever more efficient, physical shopping seems increasingly friction-filled. As consumers seek more convenience, shopping has become a...
As Modern Treasury Co-Founder and Chief Product Officer Matt Marcus sees it, over the next few years, the payments sector will see seismic shifts as transactions make the leap to near-instant settlement and widespread usage. Speaking with PYMNTS, Marcus said he’s grown used to rapid...
