To fuel the next era of the company’s growth, expense management platform Bento for Business has named Guido Schulz as its new CEO. The incoming executively will work closely with Founder Farhan Ahmad to “accelerate go-to-market efforts while supporting the company’s growing customer base,” according to an announcement. Schulz most...
Talk of “friction” in the payments industry is mostly about removing obstacles to consumer transactions, and how easily (or not) those payments get processed on the backend by merchants and banks. But there are other types of unwanted friction in finance. Big corporations and small...
Spring may seem far away, but U.S. businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. Companies need all relevant information on hand when filing, which can be...
Events are a sector where unplanned expenses are just part of making sure that the show goes on. In the latest Workforce Spend Playbook, Christine Altieri, founder of event management firm AE Events, explains the role of card-based spend management tools in keeping costs in...
December 30, 2019
To keep the bottom line buoyant, healthy and in the black: Plug the expense leaks. In an interview with Karen Webster, Farhan Ahmad, founder and CEO at B2B payments solution provider Bento for Business, took note of the fact that half of all small to medium-sized businesses (SMBs) cite cash flow management as their biggest […]
December 26, 2019
Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. Employees now work on a global scale more than ever, and require expense products that...
November 26, 2019
Every dollar matters for a small to medium-sized business (SMB). Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. Due...
October 24, 2019
The U.S. small to mid-sized business (SMB) market is on track to reach $9 trillion by next year. As the market grows, fleet-oriented services will be essential for businesses seeking...
June 12, 2019
Bento for Business, a B2B payments company, has introduced a new product called Bento Pay, a digital payments solution that “eliminates the need to write checks and gives businesses the ease and security of paying any supplier confidentially, regardless of their digital payment preferences,” according to a release by the company. Speaking at the CB […]
June 28, 2018
Bento for Business, a financial management solutions provider for small and midsize businesses, has announced a $9 million investment round led by Edison Partners. Existing investor Comcast Ventures and new...