Software-as-a-service (SaaS) solution providers experience a bevy of challenges when managing their non-payroll spending. For one, these firms too often rely on time-consuming, inefficient manual processes to manage this spend, which includes suppliers’ invoices and employees’ expenses, leading to delays impacting critical parties. Another flaw...
Offering early payment discounts is a common practice among suppliers and vendors to incentivize their customers to pay their invoices on time, but PYMNTS’ research finds that many software-as-a-service (SaaS) firms experience errors and delays when paying their suppliers, even though they are as liable...
November 29, 2022
Non-payroll spend management software is helping businesses deploy, account for and control their money. This not only drives growth but PYMNTS’ data found that just 55% of these firms currently use such a system, meaning that nearly half have limited access to real-time data and have not replaced their inefficient manual procedures with automation. SaaS […]
November 07, 2022
Offering early payment discounts is a common practice among suppliers and vendors to incentivize their customers to pay their invoices on time, but PYMNTS’ research finds that many software-as-a-service (SaaS)...
