Spend Management

Spend Management
U.S. Bank Debuts Business-Focused Checking and Spend Management Tools
April 14, 2025

U.S. Bank has introduced an all-in-one checking account combined with payments acceptance capabilities for small businesses.  U.S. Bank Business Essentials, announced Monday (April 14), lets businesses accept card payments with free same-day access to their funds and a free mobile card reader. The bank said...

Spend Management
PayPal-Backed Mendel Raises $35 Million to Expand Spend and Travel Management Platform
March 27, 2025

Mendel raised $35 million in a Series B funding round to expand the artificial intelligence (AI)-powered capabilities of its enterprise spend and travel management platform and to extend the platform into additional Latin American countries. “This round allows us to scale our AI capabilities and...

Spend Management
Manual Spend Management Is Disaster Waiting to Happen in Digital Era
March 06, 2025

Enterprise spend is increasingly digital, globalized and instant. It is also stubbornly manual in key areas, particularly across financial back offices. This creates an operational plateau that leaves a lot of room for human error, especially around corporate spend when effective spend controls are not...

Spend Management
Coupa Brings Agentic AI Features to Spend Management Platform
February 13, 2025

Coupa has unveiled more than 100 new features for its spend management platform.  The new features, announced Thursday (Feb. 13), are aimed at boosting operational efficiency and supplier collaboration and engagement. “Every product release brings us closer to Coupa’s vision of a fully autonomous spend...

Spend Management
Vertice Raises $50 Million to Expand Procurement Platform
January 22, 2025

Vertice has raised $50 million in a Series C funding round to expand the adoption and capabilities of its procurement platform. The company will use the new funding to open new regional offices, triple its engineering team, and add more integrations and automations, it said...

Spend Management
Business Travel Bounce in 2025 Demands Better Expense Management and Virtual Cards
January 06, 2025

The corporate road warrior may log many a mile in 2025. The pandemic is but a memory; the face-to-face meeting, the conventions, the trade shows and meet-ups with vendors and suppliers look to be on a sustainable rebound. In the waning weeks of last year,...

Spend Management
Flexible Working Capital Solutions Top Holiday Wish List for B2B Firms
December 13, 2024

B2B firms have two items at the top of their wish list this holiday season: more liquidity, and greater operational efficiency. These dual priorities reflect the pressure to navigate uncertain economic conditions, escalating supply chain complexities and evolving customer expectations. Today’s financial landscape represents a...

Spend Management
How to Take a Flamethrower to Free Trapped Treasury Data
December 04, 2024

Not all data is created equally. And for 21st century finance and treasury teams attempting to navigate today’s atypical and dynamic economic environment, it’s not just about having data — it’s about having the right data. Still, the rise of digital finance tools means finance...

Spend Management
Spendesk Launches Payment Institution to Expand Spend Management Platform Capabilities
November 27, 2024

Spendesk launched a payment institution that enables it to offer payment solutions to its clients across France and the European Union. The new Spendesk Financial Services is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and includes a collaboration with Visa, Spendesk...