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...
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...
July 02, 2021
Enterprises of all sizes and sectors are grappling with legacy spend management processes. Not only do many of them rely at least partially on pen, paper and spreadsheets to keep track of who owes what to whom and when, but those that use digital tools often use multiple systems at a time. The result is […]
