Business Expenses news and trends

43% of Consumers Receiving Business Expense Reimbursements Opt for Instant Payments
Disbursements // January 16, 2024

The waning of COVID-19 pandemic has triggered a surge in travel and expenses as professionals increasingly attend conferences and meet with clients. This shift has significantly heightened the demand for reimbursements across various industries. According to findings detailed in “Generation Instant: Business Expense Reimbursements,” a...

Instant Reimbursements for Employee Expenses Rise 15% in 2023
Money Mobility // December 05, 2023

Business travel is increasing as professionals attend industry conferences and meet with clients in person now that pandemic-related measures have lifted. This rise has also led to an uptick in business expenses and the need to reimburse employees. With the rise of digital payments, employees...

Webexpenses Partners With Wise Platform to Provide Multi-Currency Expense Solution
B2B Payments // November 28, 2023

Webexpenses, a supplier of cloud-based financial management software, has partnered with cross-border payment network Wise Platform to provide a seamless and efficient expense solution across multiple currencies. With the integration of Wise Platform, Webexpenses customers can now manage and pay their expenses directly from the...

Amid Pandemic, Firms Look To Negotiate Debt Covenants
Debt // May 28, 2020

The pandemic has decimated top and bottom lines for firms across virtually all verticals. And for firms carrying debt amid declining balance sheets and continued cash burn, there’s danger in triggering repayment as they violate covenants on that debt. As estimated by Moody’s Investors Service,...

Interviews & Exclusives
43% of Consumers Receiving Business Expense Reimbursements Opt for Instant Payments

January 16, 2024
The waning of COVID-19 pandemic has triggered a surge in travel and expenses as professionals increasingly attend conferences and meet with clients. This shift has significantly heightened the demand for reimbursements across various industries. According to findings detailed in “Generation Instant: Business Expense Reimbursements,” a PYMNTS Intelligence and Ingo Money collaboration, the number of consumers […]

Instant Reimbursements for Employee Expenses Rise 15% in 2023

December 05, 2023
Business travel is increasing as professionals attend industry conferences and meet with clients in person now that pandemic-related measures have lifted. This rise has also led to an uptick in...

Quick Reads
Expensify Launches Expense Tracking Features for Self-Employed Professionals

May 01, 2024
Expensify has added expense tracking features for self-employed professionals to the latest version of its app for expenses and corporate cards. The New Expensify platform helps self-employed professionals track all types of business spend, categorize the expenses and share them with their accountant for tax purposes, the company said in a Wednesday (May 1) press […]

Webexpenses Partners With Wise Platform to Provide Multi-Currency Expense Solution

November 28, 2023
Webexpenses, a supplier of cloud-based financial management software, has partnered with cross-border payment network Wise Platform to provide a seamless and efficient expense solution across multiple currencies. With the integration...

BSM Firm Coupa Buys Yapta To Help Firms Slash T&E

January 07, 2020
Business spend management (BSM) firm Coupa Software has acquired travel price optimization startup Yapta to help companies slash travel and expenses (T&E), Coupa announced on Tuesday (Jan. 7). Seattle-based Yapta...

American Express Launches Go For Gig Workers

November 15, 2018
American Express announced Thursday (Nov. 15) the launch of American Express Go, a new digital service aimed at helping mid-sized and large companies handle business expenses for temporary workers, recruits...