Business-to-business (B2B) transactions remain full of friction. However, in the procure-to-pay process, some of the biggest challenges occur before any transaction is initiated. For the middle market, a high volume of supplier spend introduces the need for a sophisticated spend management strategy that can ensure...
The financial services space often encounters the conundrum of trying to fit a square peg in a round hole. This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore,...
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...
The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. Many entities in this space, however, struggle to gain a clear picture of where the money is going. That not only limits spend...
September 25, 2018
All business investment involves trade-offs. When it comes to cash management, figuring out what is "nice to have" versus "need to have" can be a struggle, especially as real-time initiatives dominate headlines. As Andrew Bateman, president at FIS, tells Karen Webster, being secure in security is a "need to have" for treasurers, and moves well beyond table stakes for vendors.
