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Today’s B2B Payments: Expense Management

In today’s B2B payments, Jeeves discusses the evolution of expense management, and MerchantE explores eInvoicing opportunities to drive the growth of B2B e-commerce. In addition, Airbase announces a standalone small business bill payment tool, Plate IQ announces expense management and corporate card solutions, and OneSource Virtual leverages Mastercard to enhance payroll and bill payments.

Expense management beyond the framework of domestic business trips

Expense management doesn’t just allow employees to pay for coffee and Uber rides while on a business trip. Global business spending is becoming more complex as professionals work across national borders. Jeeves co-founder Dileep Thazhmon discussed adopting an infrastructure approach to combat friction.

eInvoice evolves in the changing world of B2B e-commerce

While B2B commerce may be pursuing an Amazon-like experience, invoices are still a key element of B2B payments and a key turning point from the B2C shopper’s journey. Mike Rouse, CEO of MerchantE, discussed the opportunities for eInvoice to evolve for both buyers and sellers as B2B trading goes online.

Airbase Announces Standalone Billing Service for SMB APs

Expense management technology company Air force baseFocuses on small and medium-sized enterprises (SMBs) and introduced Bill Payments +, a standalone service, according to Thursday (June 3rd). Announcement.Airbase said it was the first spending management program to offer a separate subset of accounts payable (AP) services. We have the ability to offer this type of service because we have developed the ability to fund employees who support as many as 1,000 staff and need to replace traditional bill payment technology.

Plate IQ announces commercial card with expense management function

Hospitality-focused Accounts Payable (AP) Automation Platform Plate IQ According to Thursday (June 3rd), we introduced a plate IQ card created to meet the specific expense management requirements of “All Hospitality Businesses and Entrepreneurs”. Announcement“To date, corporate card programs have not addressed the unique needs of hospitality organizations,” said Plate IQ, CEO and co-founder. Babuku cowl Said in the announcement. “They tended to focus on the rewards program, rather than optimizing for the needs of CFOs and controllers who manage teams across multiple departments and locations. We created The Plate IQ Card. And provide every business with an easy-to-use way to manage spending across the organization. “

Mastercard to enhance OneSource’s virtual invoice service

One source virtual I chose master Card As a partner network that enhances two new services Press release Said on Thursday (June 3rd). These services are Invoice Pay and myFlex Payroll cards. According to the release, invoice payment enables supplier invoices to be paid to financial and accounting customers, allowing invoices to be paid and processed in one way. ACHs, wire transfers, checks, and virtual cards include payment capabilities. Customers will also have access to more fraud prevention, invoice verification, and payment optimization engines that work with supplier payment settings.

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New PYMNTS data: Cryptocurrency Payment Survey – May 2021

About research: Consumers in the United States consider cryptocurrencies to be more than just a store of value.The 46 million plan says they plan to use cryptocurrencies for everything from financial services to groceries. In the Cryptocurrency Payments Report, PYMNTS surveys 8,008 cryptocurrency users and non-users in the United States, how to buy using cryptocurrencies, the cryptocurrencies they plan to use, and the merchant’s choice of accepting merchants. And how it affects consumer spending.





https://www./news/b2b-payments/2021/b2b-payments-today-jeeves-on-expanding-expense-management/ Today’s B2B Payments: Expense Management

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