Spend Management news and trends

Bond Vet Turns to Coupa for AI-Powered Spend Management
Partnerships // November 04, 2024

Veterinary care company Bond Vet has launched a partnership with spend management provider Coupa. The collaboration, announced Monday (Nov. 4), will see Bond Vet clinics employ Coupa’s artificial intelligence (AI) platform to manage their finances and supplies. “As Bond Vet opens more clinics to meet...

Centime and Fyle Team to Bolster Small Business Spend Management
Partnerships // October 30, 2024

Small-business-focused cash management solutions provider Centime has teamed with expense management firm Fyle. The collaboration expands Centime’s platform to give finance teams fuller control over spending and cash flow, the companies said in a Wednesday (Oct. 30) news release. As the release noted, Centime’s cash...

Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
B2B Payments // October 30, 2024

Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired more than 20 employees for abusing the company’s meal expense system. Yet effectively tracking and managing employee business travel and...

Extend Debuts Bill Pay to Streamline Invoice Payments
B2B Payments // October 28, 2024

Extend has introduced a feature that allows businesses to streamline invoice payments with virtual cards. Bill Pay is designed to simplify companies’ account payable processes while optimizing cash flow, maximizing card rewards and improving security, the virtual card/spend management platform said in a Monday (Oct. 28)...

Interviews & Exclusives
WEX: How Companies Are Slashing Costs by Optimizing Business Payments

September 24, 2024
Choice can be both a necessity and a paralyzing paradox. Particularly in the world of business payments, finding the optimal mix of payment methods has become a critical challenge for companies seeking to maximize operational efficiency, reduce costs and improve cash flow management. After all, no two businesses are the same — and no two […]

Discover Global Network: How Harnessing Transaction Data Unlocks Spend Management and Reduces Fraud for Businesses

September 23, 2024
Data is the fuel driving today’s world toward a more connected, digital tomorrow. The right data can be valuable to businesses interested in driving results and efficiencies when it comes...

Earnings Season Shows Companies Still Spending on Corporate Cards

July 23, 2024
As banks weighed in this month with their earnings reports, Wall Street has focused on earnings per share, investment banking revenues and the state of capital buffers and credit reserves....

How Supplier-Friendly Card Solutions Improve Business Cash Flow

July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...

Quick Reads
Mastercard and NatWest Launch Mobile Virtual Card Partnership

November 04, 2024
Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual card app, according to a Tuesday (Nov. 5) news release. “New payments technology presents new ways for businesses to progress and grow,” NatWest Managing Director […]

Bond Vet Turns to Coupa for AI-Powered Spend Management

November 04, 2024
Veterinary care company Bond Vet has launched a partnership with spend management provider Coupa. The collaboration, announced Monday (Nov. 4), will see Bond Vet clinics employ Coupa’s artificial intelligence (AI)...

Centime and Fyle Team to Bolster Small Business Spend Management

October 30, 2024
Small-business-focused cash management solutions provider Centime has teamed with expense management firm Fyle. The collaboration expands Centime’s platform to give finance teams fuller control over spending and cash flow, the...

Extend Debuts Bill Pay to Streamline Invoice Payments

October 28, 2024
Extend has introduced a feature that allows businesses to streamline invoice payments with virtual cards. Bill Pay is designed to simplify companies’ account payable processes while optimizing cash flow, maximizing card...