spend management

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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Uber for Business Adds Integrations With 2 Expense Management Providers 
Uber for Business Adds Integrations With 2 Expense Management Providers 
December 19, 2023  |  Spend Management

Uber for Business has integrated with expense management providers Brex and Ramp.  With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify expenses and...

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North American Marketplaces Lead in Corporate and Virtual Card Usage
North American Marketplaces Lead in Corporate and Virtual Card Usage
December 15, 2023  |  Spend Management

Despite economic challenges such as persistent inflation and market disruptions, growth corporates, commonly referred to as middle-market firms, in the North American region have demonstrated...

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