PYMNTS-MonitorEdge-May-2024

spend management

Tipalti Unveils Expense Management and Automation Tool
Tipalti Unveils Expense Management and Automation Tool
September 21, 2023  |  Spend Management

Finance automation platform Tipalti has debuted Tipalti Expenses, an expense management and automation solution. The tool integrates with Tipalti’s platform, which automates accounts payable (AP),...

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Brex Debuts AI Expense Management Assistant for Employees
Brex Debuts AI Expense Management Assistant for Employees
September 20, 2023  |  artificial intelligence

Brex has launched an artificial intelligence-powered assistant to help employees simplify expense management. The spending platform said Brex Assistant, announced Wednesday (Sept. 20), is part of...

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Finance Will Be Increasingly Autonomous, Thanks to Gen AI
Finance Will Be Increasingly Autonomous, Thanks to Gen AI
September 19, 2023  |  artificial intelligence

In times of economic change, organizations tend to count on their CFO for actionable insights.  In turn, those CFOs tend to rely on the digital...

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US Bank Launches Banking, Payments Services for Smaller Medical Practices
US Bank Launches Banking, Payments Services for Smaller Medical Practices
September 14, 2023  |  Healthcare

U.S. Bank says it wants to give smaller medical practices the same financial help as their larger counterparts.  The bank on Thursday (Sept. 14) announced a program...

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Treasury4 Raises $20 Million to Support Changing Role of CFO
Treasury4 Raises $20 Million to Support Changing Role of CFO
September 13, 2023  |  Investments

Treasury4 has raised $20 million to expand its software platform for treasury and finance practitioners. The company announced its Series A funding — led by WestCap — in...

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Truist Financial Plans ‘Sizable Reductions’ in Jobs, $750 Million Cut in Expense
Truist Financial Plans ‘Sizable Reductions’ in Jobs, $750 Million Cut in Expense
September 11, 2023  |  Economy

Truist Financial will make “sizeable reductions” in its workforce from the third quarter through the first quarter of 2024. This is part of an effort to...

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Walmart Business Has a Plan to Boost SMB Cash Flow
Walmart Business Has a Plan to Boost SMB Cash Flow
September 11, 2023  |  Commercial Payments

Inflation remains top of mind for small business owners grappling with margin pressure. Ashley Hubka, senior vice president and general manager of Walmart Business, told...

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BILL Introduces Integrated Financial Operations Platform for Small Businesses
BILL Introduces Integrated Financial Operations Platform for Small Businesses
September 07, 2023  |  SMBs

BILL has integrated its accounts payable (AP), accounts receivable (AR), and spend and expense management solutions into a single platform. The new BILL Financial Operations Platform allows...

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STACK and Billd Team to Help Contractors Secure Working Capital
STACK and Billd Team to Help Contractors Secure Working Capital
September 06, 2023  |  Spend Management

Construction payment provider Billd is working with software platform STACK to improve working capital access.  The companies announced in a news release Wednesday (Sept. 6) that Billd’s financing solutions are now...

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