Non-payroll expenses are a drain on finance teams’ time and energy. Gathering, collecting and reconciling expenses are often laden with paper-based processes, chasing down receipts detailing what employees paid, determining whether they adhered to company policy — and weeks or months after the fact, finding...
B2B payments company Mendel has raised $60 million in a new funding round and said it plans to use the new capital to accelerate the development of its corporate spend management platform in the Mexican market. This funding round was the company’s first since one...
Companies that are looking to launch offices in more countries and serve customers in new markets need to be able to easily pay staff in those locations. The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll...
In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that commercial card use would see a pause in the B2B space. But in an interview with Karen Webster, Dean M. Leavitt, founder and...
January 20, 2023
Non-payroll expenses are a drain on finance teams’ time and energy. Gathering, collecting and reconciling expenses are often laden with paper-based processes, chasing down receipts detailing what employees paid, determining whether they adhered to company policy — and weeks or months after the fact, finding places where costs could have been controlled more efficiently. Michael […]
September 22, 2020
In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that commercial card use would see a pause in...
July 29, 2020
Optimism continues to dwindle for the globe’s corporate travel sector, with industry heavyweights expecting business trips to remain on pause for at least the rest of the year — and...
October 15, 2018
Whether making travel purchases, buying specialized equipment or even just picking up muffins for the morning meeting, employees often have problems getting out-of-pocket purchases cleared. The back-and-forth reimbursement process that...
November 08, 2022
B2B payments company Mendel has raised $60 million in a new funding round and said it plans to use the new capital to accelerate the development of its corporate spend management platform in the Mexican market. This funding round was the company’s first since one late last year, when it raised $35 million in a […]
October 30, 2015
When it comes to managing employee spend, rogue purchases can be a struggle for a business whose employees travel. But sometimes, an employee doesn’t intentionally spend too much on a...