When Coupa confirmed it was being acquired for $8 billion, spend management industry took note. It wasn’t because it involved private equity firm Thoma Bravo, or that that deal was struck in all cash at $81 shares, but rather, that it marked a 77% premium...
With limited tools and increased demands, corporate treasurers have their hands full right now. “As a treasurer, my mandate is to keep the cash safe at hand, and I really need to mitigate my risks. It’s not about outperforming or being too clever on that...
LuckyTruck is launching a credit card built for small trucking companies and their fleet managers. This will be the first credit card offered by the firm, which is an insurance and FinTech platform for small and medium-sized businesses (SMBs) in trucking, LuckyTruck said in a...
To better track and manage non-payroll spend, companies need to upgrade their accounts payable functions. That’s no easy task. In the report “Improving Financial Performance: The Speed Of Spend Management System Adoption,” a PYMNTS and Airbase collaboration, we found that adding new capabilities to an...
The Dubai-based FinTech Qashio announced on Tuesday (Nov. 22) that it has raised $10 million in a seed round to accelerate its expansion into the Kingdom of Saudi Arabia (KSA). Participants in the round include One Way Ventures, MITAA, Cadorna Ventures, Sanabil 500 MENA, Nuwa...
Liquidity is front and center — not just because of cryptocurrency. To be sure, the recent FTX disaster in the crypto space has been bringing the term “liquidity” to everyone’s lips as traders pull their bitcoin off exchanges, trading platforms file for bankruptcy, and worries...
It’s easy to get carried away by dazzling innovations and futuristic concepts in finance, but what companies usually crave more is a dose of reality to make planning pay off sooner, not later. Speaking with PYMNTS for our “Executive Insights Series – The Next Three...
Tracking non-payroll spending is a widely known drain on company’s time and resources to the point where getting this niche, costly corner of the accounts payables process under control has become a top mission for many businesses. In a PYMNTS “On the Agenda” conversation, Airbase...
Non-payroll spend management is designed to deploy, account for and control the money that companies spend to drive growth, yet this function too often relies on inefficient processes. Managing non-payroll spending by employees is a labor-intensive — and therefore also expensive — process. In fact,...
