Spend management stories
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.
The funding will help the Seattle-based startup tackle revenue and spend leakage that can cost large companies billions across complex supply chains.
The rollout aims to help customers tame rising AI-driven complexity as Datadog adds autonomous monitoring, security and agent oversight tools.
FinOps teams are struggling to assign the bulk of agentic AI costs, as token fees often pale beside APIs, data and human review work.
Large enterprises risk hidden losses as most overpayments start in procurement, logistics and accounting systems before accounts payable sees them.
The campaign spotlights risk controls and compliance tools as large organisations face tighter scrutiny of procurement spending.
Actual procurement data now points to a broad April slowdown, with all five tracked sectors posting month-on-month spend declines.
The travel and spend group gains room to invest in AI and product after replacing its 2024 borrowing deal on improved terms.
Scattered data and stricter rules are slowing rivals, while 37% of North American finance teams already use AI in multi-step workflows.
Australian finance teams face mounting losses as 62 per cent of respondents reported fraud-related damage in the past three years.
The partnership will equip the smallest Formula 1 team with tools to manage travel, expenses and payments across more than 20 races a year.
Finance teams could cut manual work and speed decisions as Sage Intacct rolls out AI tools for billing, payables and analytics.
Finance teams can now track AI spend against business results in real time, as firms face pressure to justify rising budgets.
Customers could see faster procurement workflows as Coupa adds Tonkean's intake and orchestration tools to its autonomous spend push.
Employees could see fewer helpdesk calls and expense reports as Workday rolls out agents that automate IT support and business travel tasks.
Corporate legal teams are using AI to scrutinise bills more tightly, pushing law firms' invoice rejection rates from 11% to 18% in 2025.
The deal broadens automation across procurement and finance as Coupa folds Rossum's invoice-reading AI into its source-to-pay platform.
