B2B FinTech has made leaps and bounds in the world of procurement, enabling large enterprises to automate a significant portion of their purchasing processes. Strategic sourcing, data integrations with ERP and accounting platforms, digital catalogues, spend analytics and other technologies are tackling a historically paper-ridden,...
“Boondoggle” may be a funny word, but to corporations, its effects are serious. Wasted, unnecessary spend is a cash flow trap, yet difficult to identify. Plus, the age-old saying rings true: One must spend money to make money. So, how can a company prevent boondoggling...
Pulling together business trips can be a complicated effort. These excursions involve not only extensive coordination, but require travelers to manage payments for everything from flights and hotels to daily meals. How employers manage their workers’ travel spending can color their relationships, too. Smooth, convenient...
When a company realizes it’s time to improve its corporate travel and expense (T&E) management strategy, there are a few items on the list of must-haves: Spend control, transparency and analytics are probably high on that list. Migrating from a manual T&E program — traditionally...
