Technology cost optimization firm NET(net) has introduced Savings Cloud, an industry-first program that modifies a company’s technology supply chain for cost efficiency and invests the savings, the company announced on Tuesday (Jan. 7). The savings-as-a-service program calculates a set savings capacity and aims to offer...
Business spend management (BSM) firm Coupa Software has acquired travel price optimization startup Yapta to help companies slash travel and expenses (T&E), Coupa announced on Tuesday (Jan. 7). Seattle-based Yapta tracks prices for airlines and hotels in real time and alerts people instantly when prices...
One can’t move money without moving information — a fact that’s particularly true for the B2B payments space, in which remittance and transaction data is a critical component of accounts receivable and accounts payable operations. As businesses continue their digitization migrations, there are more ways...
With small moves that have a big impact, Walmart can save significant money given its large size. The retailer, in one case, could save a minimum of $30 million during the year by swapping out the stepping stools in its distribution centers with a version...
March 13, 2019
Inertia is a powerful, if unhelpful, force in business. A process doesn’t necessarily have to be good or useful to get a contingent of people attached — it just has to be around long enough for those people to get used to it. This stumbling block to innovation is often visible in accounts payable (AP) […]
February 21, 2019
Everyone knows the ritual, one that combines solid numbers and a sense of hope: the reimbursement of mileage driven by workers in service of their employers. The task traditionally involves...
October 11, 2023
Artificial intelligence (AI) is predicted to have a significant economic impact, potentially reaching $15.7 trillion by the end of the decade, according to Bank of America. This emerging technology is expected to touch all facets of the global economy and drive economic growth, Bank of America analysts, led by Alkesh Shah, stated in an investor note, Seeking […]
January 07, 2020
Business spend management (BSM) firm Coupa Software has acquired travel price optimization startup Yapta to help companies slash travel and expenses (T&E), Coupa announced on Tuesday (Jan. 7). Seattle-based Yapta...
June 10, 2019
With small moves that have a big impact, Walmart can save significant money given its large size. The retailer, in one case, could save a minimum of $30 million during...
