Spend management stories
Mounting scrutiny over AI budgets is pushing software teams to prove whether the tools speed delivery enough to justify their cost.
Autonomous AI agents helped the London spend management firm reach USD $100 million in ARR while trimming sales staff and lifting efficiency.
Finance teams will be able to handle overseas supplier payments inside onPhase, as the software maker adds TransferMate as its exclusive partner.
Businesses can now query BigQuery in plain English, with Google adding audit trails, access controls and scheduled AI analyses.
Businesses are under growing pressure to track hidden software, AI tools and access rights as Corma secures a second Gartner ranking.
Four in 10 US workers admit using AI to create bogus expense receipts, highlighting growing fraud and oversight risks for employers.
Finance teams will be able to handle sourcing, invoicing and settlement in one workflow as the tie-up adds domestic and cross-border payments.
With software costs under scrutiny, the ranking could bolster Calero's pitch to large buyers seeking tighter control over SaaS spend and licences.
Procurement teams could get faster invoice checks and contract searches, while Ivalua bets on tighter governance with a single AI agent.
Rising AI costs and weaker oversight are pushing enterprises to demand tighter controls as token use spreads across clouds and in-house models.
The recognition underscores rising demand for invoice tools that can meet tighter e-invoicing rules, cut fraud risk and support AI oversight.
Finance teams can now issue controlled cards through Capture Expense, reducing out-of-pocket claims and giving real-time spend visibility.
Growing AI use is making bills harder to predict, pushing firms to track costs across models, agents, data and compute.
The update aims to cut reconciliation work for enterprise finance teams by linking spend data directly with SAP S/4HANA Public Cloud.
Procurement teams will be able to handle sourcing, invoicing and supplier risk in one interface, as Ivalua adds AI agent IVA Studio.
Small businesses can now send ACH, wire and instant payments digitally, with lower fees and no branch visit needed.
Its valuation has jumped 70% as the Toronto fintech uses fresh capital to broaden AI tools and hire across the business.
Procurement teams are under pressure to cut costs as Amazon Business reports strong first-year growth and launches AI buying tools in Australia.
New Zealand SMEs can now access multi-currency accounts and cheaper cross-border payments as Revolut expands its business platform in the market.
Businesses with variable monthly bills may gain a lower-failure alternative to Direct Debit as Modulr adds pre-authorised Open Banking collections.