Fleetcor CEO Ronald Clark acknowledged to analysts on July 31 that that the company is in active merger-and-acquisition talks, some of which are in the “late innings.” He declined to go into any specifics, however, including whether discussions are underway to acquire rival Comdata, as...
An important part of fleet management is ensuring that the recorded mileage is actually the mileage that was driven for a delivery. This ensures that all parties involved are paid properly and that the fleet management firm’s invoices remain accurate. But what happens when there...
Taulia has just raised $27 million with a simple goal—fixing the status quo in buyer-supplier payments so that it’s no longer out of date, out of touch and bad for basically everyone involved. PYMNTS.com caught up with Taulia’s CMO Joe Hyland to learn how this...
Earlier this week, clean technology firm Sensus chose to integrate the spend analysis and eSourcing tools from Zycus into its workflow. The new spend analysis implementation will include Sensus’ iCost feature, which permits spend analytics in approximately 1,200 market price and cost models and the company’s...
PayPal announced the expansion of its SMB working capital program yesterday, a program that has already extended more than $150M to SMBs in the U.S. In addition to raising the borrowing limit to $60k, PayPal expanded the program to the U.K. and Australia. At its...
Online invoice trading firm MarketInvoice and online accounting software company Xero announced this week that they had entered into a strategic partnership to provide better funding to UK businesses. According to a joint press release, the move will let businesses apply and be approved for...
Smart process applications provider Kofax announced this week that a global engineering firm chose to use various Kofax technologies to automate the capture and processing of invoices, as well as provide advanced analytics to monitor and meet internal key performance indicators (KPIs). While the engineering...
B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship with travel agencies. With its newly acquired Evolution1 healthcare technology company, WEX may could bring the virtual card to the...
Volpe Express announced this week that it invested in a new back office management system for 24/7 bill entry processing and reporting through a cloud-based portal. The less-than-truckload and truckload services provider chose DDC FPO technology, according to Fleet Owner, and said that it is...
