Non-payroll expenses are a drain on finance teams’ time and energy. Gathering, collecting and reconciling expenses are often laden with paper-based processes, chasing down receipts detailing what employees paid, determining whether they adhered to company policy — and weeks or months after the fact, finding...
Non-payroll spend management software is useful in helping B2B Software-as-a-Service (SaaS) solutions providers install, track and control their spending. It is considered a critical growth driver. Spend management systems are seeing more demand as SaaS firms recognize this. Analyzing this in the study “Improving Financial...
When Coupa confirmed it was being acquired for $8 billion, spend management industry took note. It wasn’t because it involved private equity firm Thoma Bravo, or that that deal was struck in all cash at $81 shares, but rather, that it marked a 77% premium...
With limited tools and increased demands, corporate treasurers have their hands full right now. “As a treasurer, my mandate is to keep the cash safe at hand, and I really need to mitigate my risks. It’s not about outperforming or being too clever on that...
LuckyTruck is launching a credit card built for small trucking companies and their fleet managers. This will be the first credit card offered by the firm, which is an insurance and FinTech platform for small and medium-sized businesses (SMBs) in trucking, LuckyTruck said in a...
To better track and manage non-payroll spend, companies need to upgrade their accounts payable functions. That’s no easy task. In the report “Improving Financial Performance: The Speed Of Spend Management System Adoption,” a PYMNTS and Airbase collaboration, we found that adding new capabilities to an...
The Dubai-based FinTech Qashio announced on Tuesday (Nov. 22) that it has raised $10 million in a seed round to accelerate its expansion into the Kingdom of Saudi Arabia (KSA). Participants in the round include One Way Ventures, MITAA, Cadorna Ventures, Sanabil 500 MENA, Nuwa...
Liquidity is front and center — not just because of cryptocurrency. To be sure, the recent FTX disaster in the crypto space has been bringing the term “liquidity” to everyone’s lips as traders pull their bitcoin off exchanges, trading platforms file for bankruptcy, and worries...
It’s easy to get carried away by dazzling innovations and futuristic concepts in finance, but what companies usually crave more is a dose of reality to make planning pay off sooner, not later. Speaking with PYMNTS for our “Executive Insights Series – The Next Three...
