Expense Management stories
The travel and spend group gains room to invest in AI and product after replacing its 2024 borrowing deal on improved terms.
The partnership will equip the smallest Formula 1 team with tools to manage travel, expenses and payments across more than 20 races a year.
Employees will be able to handle HR and finance tasks inside Gemini Enterprise, reducing the need to switch between workplace apps.
Small businesses and accountants can now automate month-end close and approvals without coding, as early access opens to XeroForce.
Employees can now handle leave, payslip and expense queries without leaving Microsoft 365, as Workday pushes HR and finance work into Copilot.
Employees could soon spend far less time on claims, as the new system cuts expense report preparation from 30 minutes to under five.
Shareholders are set to pocket USD $9.50 a share as the business travel group exits public markets, pending approvals.
Finance teams reviewing expense software may now see added assurance, as Weel has secured SOC 2 and ISO 27001 certifications and opened a Trust Centre.
The move could cut costly rollout delays for finance teams, as Sage brings in-house AI that speeds data migration, mapping and configuration.
Many self-described AI leaders in finance are still using it only in limited workflows because governance and data foundations are incomplete.
Tight margins and labour shortages are pushing cafés, restaurants and bars to automate receipts and invoices, cutting hours of admin work.
The funding will help Relay expand among US small firms as it passes USD $1.3 billion in managed deposits and 150,000 customers.
Manual reporting delays had been holding back Triathlon Ireland's finance team, until cloud software cut month-end close to five hours.
Fuel now tops cost pressures for Australian SMEs, but most are still swallowing the rise rather than passing it on to customers.
Australian finance teams are tightening oversight as AI tools flag risky trips before booking, following a near 10% rise in flight bookings.
Canadian finance teams could save hours of month-end admin as Float’s new AI tool auto-codes card transactions with 90% precision.
UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.
Business customers could soon get more automated spending controls as American Express buys Hyper to add AI expense tools to its commercial services.
The fintech's broader banking push now reaches more than 5,000 businesses, after three quarters of GAAP profitability and rapid revenue growth.
Most UK finance chiefs say manual processes are wasting staff time and leaving their firms behind on payment automation.