Virtual card/spend management platform Extend has debuted a feature dubbed “team budgets.” The new offering, announced Wednesday (March 27), is designed to help its customers organize and control spending by letting employees send and manage secure virtual cards. “With the rollout of team budgets, those customers gain an even...
Treasury and liquidity management provider Hazeltree has rolled out an enhanced version of its platform. “Hedge fund and private markets clients will benefit from enhanced user experience, increased ease of remote access, and more robust security, allowing processing of transactions on the Hazeltree platform from anywhere at any...
As part of its stride toward complete digital transformation, QNB Group, a financial institution serving the Middle East and Africa, has announced a new partnership with Coupa, a provider of spend management solutions. Through this collaboration, QNB will have access to Coupa’s unified platform that offers real-time...
Against today’s shifting macroeconomic backdrop, companies are prioritizing their agility and ability to react to unforeseen events. Increasingly, firms are backing that ability up with savvy working capital management strategies that leverage commercial and virtual cards to manage their B2B spend, ensuring that there is enough capital...
While progress may appear to be a function of replacing work, it is frequently the transformation of work that accelerates innovation. After all, automating an inefficient process wins no productivity awards — but transforming that process into a more seamless and impactful one does. As...
Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to become a high-velocity company,” Pedro Franceschi, founder and co-CEO of Brex, said in a message posted on the company’s website Tuesday (Jan. 23)....
Corpay, a FLEETCOR brand, has launched a spend management platform that aims to simplify corporate payments and spending into a mobile-ready solution. The new Corpay Complete integrates corporate cards, expense reimbursements, accounts payable (AP) automation and supplier payments to offer a comprehensive solution for finance teams, the company...
Uber for Business has integrated with expense management providers Brex and Ramp. With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify expenses and save time, Uber for Business said in a Tuesday (Dec. 19) press release. “Our work with Brex and Ramp...
Despite economic challenges such as persistent inflation and market disruptions, growth corporates, commonly referred to as middle-market firms, in the North American region have demonstrated resilience. By employing external working capital solutions, these firms have improved their operational efficiency to sustain growth in an uncertain...
