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...
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...
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...
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...
Cisco is now allowing customers to defer payments until 2024. The technology company’s new Cisco Capital Business Acceleration Program enables customers to invest in Cisco technology and services while minimizing their cash outlay, Cisco said in a Wednesday (May 3) press release. The program also...
Fyle and Intuit QuickBooks have partnered on real-time expense management and simplified bookkeeping solutions. Designed for small and medium-sized businesses (SMBs), the Fyle and QuickBooks combined solution helps automate expense reporting, credit card reconciliation and closing the books, the companies said in a Tuesday (May...
The first interim report by the FTX Debtors published Sunday (April 9) takes harsh aim at the FTX Group’s profound lack of appropriate documentation and recordkeeping, as well as the company’s willful avoidance of executive oversight. The lack of internal controls and oversight at the...
Navigating decades of high inflation, unsure whether their banking relationships are as sturdy as they’d like, chief financial officers and finance teams need to set up a proverbial “control tower” to manage cash flow. Corcentric President and Chief Operating Officer Matt Clark told PYMNTS’ Karen...
Highbeam has raised $10 million to expand the reach of its products for eCommerce customers. The startup provides banking features, credit and cash flow insights to its eCommerce customers, TechCrunch reported Monday (Feb. 13). “We’ve been working closely for months with a select number of...