Spend Management/page/5 news and trends

This Week in B2B: Smarter Treasury, Better Businesses
B2B Payments // June 06, 2024

How businesses transact with one another defines the ups and downs of the global economy. After all, commercial relationships sit at the center of commerce — and payments sit at the center of commercial relationships. That’s why the future is being built on more flexible...

Payhawk Looks to M&A After 86% Revenue Jump
B2B Payments // June 06, 2024

Spend management platform Payhawk is reportedly going into acquisition mode. Co-founder and CEO Hristo Borisov told CNBC in an interview published Thursday (June 6) that the company aims to acquire early-stage startups that have already raised significant funds. He also argued his company has a better “product-market fit” than its competition,...

Why There Are No Sacred Cows for Today’s CFOs
CFO // June 04, 2024

The global economy today is increasingly marked by volatility and rapid shifts. Geopolitical tensions, technological advancements and changing consumer preferences demand that businesses remain agile yet resilient amidst a backdrop of increasing uncertainty. And in such a climate, there are no sacred cows for today’s...

Ramp Connects Financial Automation Platform to Ascenda’s Global Rewards Ecosystem
B2B Payments // May 28, 2024

Ramp and Ascenda have partnered to provide Ramp’s customers with more ways to redeem points earned on U.S. spend. With this collaboration, Ramp’s financial automation platform and corporate card will connect to Ascenda’s global rewards ecosystem, the companies said in a Tuesday (May 28) press...

Interviews & Exclusives
Fleet Sector Travels From Closed-Loop to Future-Ready

April 16, 2024
Where an industry goes tomorrow is a step-function from where it is today. And this is particularly true within the fleet management ecosystem, where traditional payment methods like fuel cards remain, by far, the most common payment scenario. Increasingly, addressing the challenges of traditional fleet payments, including cumbersome manual processes and security loopholes, are playing […]

Lack of Working Capital Hinders Mid-Market Performance in APAC

April 15, 2024
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged...

Business Travel Reporting Starts With Central Expense Management

April 02, 2024
It’s a new era for business, and that means it’s a new era for business travel. And against today’s backdrop, where every dollar of working capital matters, travel spend management...

The Cost of Not Knowing Is 4.4% of Revenue for Middle-Market Firms

April 02, 2024
According to PYMNTS Intelligence’s inaugural edition of “The 2024 Certainty Project Report,” uncertainty costs middle-market companies more than $20 million on average, per these firms’ CFOs. The 2024 Certainty Project...

Quick Reads
Torpago Raises $10 Million to Support White-Label Expense Management Platform

June 06, 2024
Torpago has raised $10 million in a Series B funding round to support its white-label commercial credit card and expense management platform designed for banks. The company will use the new funding to service growing demand for its solution, enhance implementation and compliance resources, and expand its product suite, Torpago said in a Thursday (June […]

Payhawk Looks to M&A After 86% Revenue Jump

June 06, 2024
Spend management platform Payhawk is reportedly going into acquisition mode. Co-founder and CEO Hristo Borisov told CNBC in an interview published Thursday (June 6) that the company aims to acquire early-stage startups that have already raised...

Ramp Connects Financial Automation Platform to Ascenda’s Global Rewards Ecosystem

May 28, 2024
Ramp and Ascenda have partnered to provide Ramp’s customers with more ways to redeem points earned on U.S. spend. With this collaboration, Ramp’s financial automation platform and corporate card will...

GSCF Unveils Working Capital as a Service Solution

May 22, 2024
GSCF is launching a working capital as a service solution for businesses. The offering will allow companies to maximize their liquidity management by applying an operating model that is integrated...