Spend Management

Spend Management
Fyle and Decimal Partner on Real-Time Expense Management
July 18, 2023

Fyle and Decimal have partnered to deliver real-time expense management to small businesses. With this collaboration, users of Decimal’s financial operations technology platform for small and medium-sized businesses (SMBs) will be able to access Fyle’s artificial intelligence (AI)-enabled expense management software, the companies said in...

Spend Management
PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
July 05, 2023

Businesses have turned to a number of potential solutions to address cash flow. In the United States, 60% of small to midsized businesses (SMBs) in one study said they have implemented real-time payments solutions to reduce the turnaround time between incoming and outgoing payments. In...

Spend Management
Automation and Timing: The Benefits of Investing in a Down Economy
July 03, 2023

Conventional wisdom: Buckle down and cut costs during times of economic uncertainty. In the “Embedded Finance Tracker®,” Global Rewards’ Isaac Itzkowitz asks, why not buck the trend — and invest in critical tech to be ready when the economy comes roaring back.

Spend Management
A Tight Economy Calls for Spend Management Automation
June 30, 2023

A troubled economy continues to take its toll on small to midsized businesses (SMBs). Just half of small business banking customers are now considered financially healthy. Of the rest, half are cash- or capital-constrained, and half are financially vulnerable. As a result, businesses are trying...

Spend Management
Expend Integrates Visa Business Card Transactions Into Expense Management Platform
June 20, 2023

London-based Expend has integrated Visa Business Card transactions into its spend and expense management platform. With this new Expend Card Connect feature, Visa Business Card debit and credit transactions can be passed into the Expend app in real time, streamlining the processing of business expenses, Expend said...

Spend Management
Small Businesses Push Tech-Driven Expense Management to Help Cash Flow
June 07, 2023

Chris Trainor, head of product at Paymentus, said that as they battle macro headwinds, small business owners are feeling the pain of inefficient expense management. As he observed to PYMNTS, many small businesses are run by individuals who are consumers themselves — but managing a...

Spend Management
Coupa Software Cutting Jobs as Part of ‘Company Reset Strategy’
May 31, 2023

Coupa Software is cutting an undisclosed number of jobs as part of a “company reset strategy.” The job reductions at the business spend management company were announced Tuesday (May 30) in a message to employees from interim CEO and Chairman of the Board Charles Goodman. “As everyone...

Spend Management
Advanced Automation Helps Enterprises Manage Spend on a Global Scale
May 31, 2023

Companies navigating the shifting landscape of global commerce see the promise of new markets, of bringing their products and services to new geographies. As they do so, they establish offices and workforces in far-flung territories to tap into global supply chains, sourcing supplies and other...

Spend Management
Over 63% of SaaS Firms Want Integrated Spend Management Solutions
May 17, 2023

When it comes to managing non-payroll spending, automation is where a great deal of the smart money is going. A considerable number of Software-as-a-Service (SaaS) firms have not made this important move, but more of them want to and plan to for the visibility and...