Workforce Spend news and trends

Deep Dive: Why Manual Expense Reporting Systems Have Outlived Their Usefulness
Spend Management // December 30, 2019

Employee reimbursements can be frustrating for all parties involved, even as expense reporting goes digital. Approximately 38 percent of U.S. employees use their own funds for work-related purchases at least once a month, facing them with financial troubles when waiting for reimbursements. Expense reporting has...

Why Sysco Turned The Page On Manual Expense Management
Spend Management // December 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. Today’s corporations are happy to bid goodbye to these time-consuming, paper-based processes and turn to online, automated expense tracking products for...

Behind Sysco’s Spend Management Switch To Cards
Spend Management // December 26, 2019

Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. Employees now work on a global scale more than ever, and require expense products that can keep up with their expanded ranges of services. It is, thus, important for businesses...

Helping Nonprofits Embrace Cash Management
Spend Management // December 02, 2019

There are approximately 1.56 million active nonprofits in the United States. These groups often have limited resources and must work carefully to demonstrate to donors and regulators that their funds are being disbursed appropriately. The Workforce Spend Playbook’s Deep Dive highlights the specific financial requirements...

Interviews & Exclusives
Behind Sysco’s Spend Management Switch To Cards

December 26, 2019
Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. Employees now work on a global scale more than ever, and require expense products that can keep up with their expanded ranges of services. It is, thus, important for businesses to find spend software that can benefit both them and […]

How Spend Tools Feed Food Banks’ Need For Accountability

November 26, 2019
Every dollar matters for a small to medium-sized business (SMB). Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. Due...

How Stanley Steemer Scrubs Complexity From Employee Reimbursement

October 24, 2019
The U.S. small to mid-sized business (SMB) market is on track to reach $9 trillion by next year. As the market grows, fleet-oriented services will be essential for businesses seeking...

Disaster-Proof Spend Management Solutions — For When Disaster Strikes

February 25, 2019
Though they may have fewer resources than large firms, small and medium-sized businesses (SMBs) and self-employed freelancers are not exempt from business travel. SMBs may need to fly to events and...