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Spend management and accounts payable (AP) processes have historically been mired in paper-based, manual methods. Different departments are left to set their own rules when collecting, processing and approving payments, which can include employee travel expenses, card processing fees, software subscriptions or other costs. The result...
Enterprises of all sizes and sectors are grappling with legacy spend management processes. Not only do many of them rely at least partially on pen, paper and spreadsheets to keep track of who owes what to whom and when, but those that use digital tools...
Optimism continues to dwindle for the globe’s corporate travel sector, with industry heavyweights expecting business trips to remain on pause for at least the rest of the year — and some anticipating permanent changes to businesses’ travel and entertainment (T&E) spend. Get the Full Story...
The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. Now, in the spirit of creative disruption (and seeking a bigger slice of the $2.5 billion expense management pie), a group...
High-end yoga apparel purchases and private helicopter rides are two charges one might expect executives to make on their personal credit cards, but a recent report from software company AppZen found that employees have actually tried to expense each to their companies. Such expenditures share...
Fixing homes ravaged by fires and flooding is tough without access to proper spend tools that can quickly get workers into the field and reconcile on-field expenses. In the latest Workforce Spend Tracker, Barry Floyd, chief financial officer at Paul Davis Inc., explains how the...
Manual expense reports remain plagued with pain points for the employees and employers who must file them. It is thus unsurprising that 95 percent of companies are looking to improve their spend management software this year. The amount of data needed for these reports continues...
The Finnish electronic invoicing and source-to-pay firm Basware has launched an updated edition of Basware Purchase to help its business clients boost user adoption while achieving 100 percent spend visibility and increasing return on investment (ROI), the company announced on Thursday (Jan. 30). Get the...
