What will payments look like in 2022 and beyond? In “The Way Payments Are Now Done,” Dave Fura, SVP, head of card solutions, FIS, joins 32 other payment executives to discuss what payments’ “new normal” looks like. Fura explores how the checkout process has been...
Thejo Kote, founder and CEO of Airbase, shares his experiences with how 2021 has transformed spend management. “Companies are waking up to the fact that if they don’t change their approach, they face an increasingly archaic world of slow, manual processes,” he says. Read more...
The pandemic accelerated the already sizable trend toward a more remote workforce, and it appears that remote work’s ubiquity is not ending anytime soon. A staggering 97% of all U.S. office employees have worked from home at some point during the pandemic, according to a...
Businesses that have set their sights on global expansion through digitization are facing struggles to streamline their internal processes and keep corporate spending in check. In this month’s Corporate Spend Playbook, Fundbox’s Marten Abrahamsen discusses how solutions such as virtual cards are bringing valuable transparency...
Corporate budgets are under constant scrutiny to help control budget overruns and maintain disciplined expenses, especially in larger firms with a workforce spread across the globe or complicated and poorly monitored employee expense accounts. Many tools and processes have been introduced to help control corporate...
Over the past 10 to 15 years, there’s been a shift in spend management — the administration of approvals, payments and all the accounting and reporting for all non-payroll spend. Spending used to run through a procurement department, so procure-to-pay processes were the norm. Today,...
Companies are becoming more global in scope with each passing year. A PYMNTS study from March found that approximately $10 trillion of the $120 trillion in payments volume that changes hands between business trading partners annually is now sent across borders. Tightly controlling spending to...
The year 2020 was exemplified by rapid change for most businesses, which had to rethink not only their customer and vendor relationships but also the way in which they conducted previously routine tasks, such as collecting payments or tracking invoices and expenses. Small- to medium-sized...
Working from home became the new normal for millions of employees in 2020, and many are likely to stay sequestered in their virtual offices even as companies reopen their physical offices. One April 2020 study found that 74% of chief financial officers planned to move...
