New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release. April’s increase in orders for durable goods followed a 0.8% increase in March and marked...
The operating environment’s ongoing digital transformation has created an increasingly dynamic reality for organizations. One area where this impact can be seen is the new normal of hybrid work, which presents an emergent suite of obstacles that companies are grappling with — particularly regarding the...
Every workflow will eventually be disrupted — or digitized — over a long enough horizon. After all, nothing is perfect. Any process can be improved by a business that knows what it wants to get by enhancing or modernizing. A prime candidate for disruption is...
The viral success of ChatGPT points to the huge potential of generative artificial intelligence (AI) tools to be a major game-changer for businesses. In the spend management space, for example, Jamie Anderson, chief revenue officer at U.S.-based global spend optimization firm Emburse, said AI could...
July 19, 2023
Every workflow will eventually be disrupted — or digitized — over a long enough horizon. After all, nothing is perfect. Any process can be improved by a business that knows what it wants to get by enhancing or modernizing. A prime candidate for disruption is the traditional invoicing process, which includes wiring money, paper checks […]
March 09, 2023
The viral success of ChatGPT points to the huge potential of generative artificial intelligence (AI) tools to be a major game-changer for businesses. In the spend management space, for example,...
May 30, 2024
Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. From hardware to software, both consumers and small to medium-sized businesses are pulling back on their purchases, Moynihan said at a New York financial conference, according to a Thursday (May 30) CNBC report. “Both […]
May 24, 2024
New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release....
November 15, 2022
Virtual card and spend management platform Extend is now collaborating with Bank of the West to enable small to medium-sized businesses (SMBs) to add Extend’s capabilities to their existing Bank of the West commercial...
January 15, 2019
Former Federal Reserve Chair Janet Yellen says signs are pointing to a slowdown in business spending in 2019. “All the hard data that we have on economic activity suggests that...
