spend management

Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need

Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need
Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need
January 25, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) are increasingly facing challenges in accessing the credit they need to run and grow their operations. As rising costs and...

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Brex Cuts 20% of Workforce and Reduces Layers of Management
Brex Cuts 20% of Workforce and Reduces Layers of Management
January 23, 2024  |  Spend Management

Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to...

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Corpay Launches Mobile Spend Management Platform 
Corpay Launches Mobile Spend Management Platform 
January 23, 2024  |  Spend Management

Corpay, a FLEETCOR brand, has launched a spend management platform that aims to simplify corporate payments and spending into a mobile-ready solution.  The new Corpay Complete integrates corporate...

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36% of SMBs Say Cost, Complexity Prevent AP/AR Automation
36% of SMBs Say Cost, Complexity Prevent AP/AR Automation
January 23, 2024  |  Accounts Payable

Nearly 80% of mid-size firms — those generating between $3.5 million and $15 million in annual revenue — anticipate a surge in the volume of...

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Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
January 15, 2024  |  B2B Payments

The thing about traditional B2B payment methods is that they tend to be rather … traditional. That includes paper checks, which remain tied to 40% of...

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Spend Management Got More Granular and More Important in 2023
Spend Management Got More Granular and More Important in 2023
December 22, 2023  |  B2B Payments

Where a business spends money tends to define its go-forward strategy. But often where enterprise spend disappears to is opaque, with some departments sending checks...

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FinTech IPO Index Surges 8% as Affirm Gets a Bump on Walmart BNPL Deal 
FinTech IPO Index Surges 8% as Affirm Gets a Bump on Walmart BNPL Deal 
December 22, 2023  |  Fintech Investments

Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce...

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Expensify Adds Budgeting Tool to Financial Management App for Businesses
Expensify Adds Budgeting Tool to Financial Management App for Businesses
December 20, 2023  |  B2B Payments

Expensify added a budgeting tool to its financial management app for businesses. The new tool allows admins to set monthly or annual budgets for teams,...

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