Spend Management

Spend Management
How Finance Teams Spend 42% of Their Time
November 04, 2022

Tracking non-payroll spending is a widely known drain on company’s time and resources to the point where getting this niche, costly corner of the accounts payables process under control has become a top mission for many businesses. In a PYMNTS “On the Agenda” conversation, Airbase...

Spend Management
Managing Non-Payroll Spend Takes AP Teams 17 Hours per Week 
November 02, 2022

Non-payroll spend management is designed to deploy, account for and control the money that companies spend to drive growth, yet this function too often relies on inefficient processes.  Managing non-payroll spending by employees is a labor-intensive — and therefore also expensive — process.  In fact,...

Spend Management
90% of SaaS Firms Lack Visibility Into Non-Payroll Spend
November 02, 2022

  You can’t fix problems, you can’t embrace opportunities, unless you can see them. And in the business-to-business (B2B) realm, as found in the report “Improving Financial Performance,” done in collaboration between PYMNTS and Airbase, we found that visibility is sorely lacking in the back...

Spend Management
Mastercard Platform Aims to Give Businesses Spending Visibility
October 10, 2022

Mastercard has launched Global Treasury Intelligence, a cloud-based platform designed to give businesses more visibility into how and where they spend money. “In a recent poll of treasury professionals, 91% of respondents noted they still used spreadsheets for forecasting,” the company said in a news release...

Spend Management
FinTechs Target ‘Zombie Spending’ That Eats 4% of Revenue
September 27, 2022

Remote work disruptions have brought to light the inefficiencies with traditional spend-management practices, leading a number of players to start looking for ways to disrupt a slow-to-innovate facet of corporate life. We dug deeper into our recent study of companies conducted in collaboration with Airbase...

Spend Management
Pemo Adds Smart Cards to Spend Management Platform for UAE SMBs 
August 23, 2022

Pemo has added physical and virtual Visa payment cards to its all-in-one spend management solution for small to medium-sized businesses (SMBs) in the United Arab Emirates (UAE), and plans to make the full platform available in Saudi Arabia, Egypt and Pakistan in the next 18...

Spend Management
Squarespace Adds Invoicing Tools in Squarespace Scheduling
August 04, 2022

Squarespace is adding invoicing tools to the Squarespace Scheduling portal, a move that helps customers manage the invoicing process and get paid for their time, according to a company press release Thursday (Aug. 4). The company launched Squarespace Scheduling in 2020 in an effort to...

Spend Management
Small Tools Bring Big Payoff as SMBs Clamp Down on Spending
July 13, 2022

Small tools. Big payoff. Robin Sharma, senior manager of accounting at Airbase, told PYMNTS in a recent interview that smaller firms, leveraging advanced technologies, can modernize accounting functions that improve cash management and help companies execute on long-term strategies. The accounting department, she said, is ripe...

Spend Management
Real-Time Insight on Costs Gives Corporates Better Line on Financial Health
June 22, 2022

Inflation runs rampant. Macro pressures abound. There’s no time like the present for companies — regardless of size and regardless of vertical — to take stock of their financial health. The urgency is there, having come through what is arguably the worst of the pandemic,...