Lyft Business Enhances Expense Management Support

PYMNTS

Ride-hailing app Lyft is continuing to target its business travel users through enhancements of expense management support. Lyft is also adding greater controls for managers, enabling them to require that employees choose such expense codes or add notes as part of a ride request so they can have additional information and data with employee trips. The company also integrated with corporate travel and expense management platforms, including Expensify, Chrome River and Concur.

How Spend Management Beefs Up Bottom Lines

PYMNTS

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures.

Microsoft, ADP Combine Business Management, HCM Data

PYMNTS

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced. Joint business customers of the solution can unify their payroll, HR, time management, tax and other HCM functions with their business management processes within Microsoft Dynamics 365 Business Central, with data automatically updated and unified across both platforms.

Inside Sales Management

MZ Bierly Consulting, Inc.

In the first of a two-part interview, Frank Casale, Regional Vice President for Rhode Island and Southeastern Massachusetts for TD Bank, discusses the challenge of recruiting and onboarding commercial Relationship Managers. It becomes crisis management rather than executing a plan.

Insurers Test Blockchain To Manage Provider Data

PYMNTS

insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. The firms, in announcing the pilot, said this week that physicians, information service providers, managed care organizations and health systems maintain separate copies of healthcare provider information. News Blockchain data management Healthcare Humana Innovation Insurance multiplan Optum Quest Diagnostics unitedhealthcare

The Treasury Management System, Unbundled

PYMNTS

SMEs rarely have the funds to invest in sophisticated treasury management systems (TMS), says TreasuryXpress CEO Anis Rahal, part of that is because the TMSs available are hefty, chock-full of tools that not every company actually needs and force a business to spend time and resources on implementation efforts. you have thousands of companies with revenue of about $50,000 — only 10 percent are using treasury management systems,” the executive said.

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Own Your Program Management, Own Your Destiny

PYMNTS

Being a program manager isn’t easy. If it’s not holding money or providing a payment network, the program manager does it: AML (anti-money laundering) compliance, KYC (Know Your Customer), fraud mitigation, marketing, privacy, document review, OFAC compliance, reporting and more. Perhaps that’s why companies like Cascade found themselves so frustrated working under a program manager.

Three Tips To Help Managers Understand Their Employees

PYMNTS

Have you ever worked for a manager who showed little enthusiasm for your personal interests, unique talents, and long-term career aspirations? Based on the statistics about employees quitting managers , the answer for many people to this question is likely to be a resounding “yes.”

Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance

PYMNTS

Some companies view risk management and compliance as roadblocks to innovation. In an interview with PYMNTS, John Epperson, principal, Crowe Horwath LLP , said for most firms, there is an avoidance of risk when it comes to risk management. Over time, there has been this tendency by risk management professionals to eliminate risk rather than manage it,” said Epperson. Innovation implies a break from the conventional ways of operating a business.

Samsung Considers Blockchain To Manage Supply Chain

PYMNTS

Samsung is reportedly looking into blockchain technology to manage its supply chain, reports in Bloomberg said on Monday (April 16). The technology conglomerate, which is the world’s largest smartphone and semiconductor maker, is exploring a blockchain-based ledger system to manage its international supply chain. Samsung SDS plans to manage 488,000 tons of air cargo and 1 million shipping units this year, reports said.

Portfolio Management

Independent Banker

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. Total Return. A combination of factors determine every bond’s ultimate performance.

Modern Management

Independent Banker

Communicating with management. While auditors need to remain independent and objective, they also need to maintain a relationship with management to create effective reports. General Highlighting Indie Banker Operations & Management New skills for today’s internal auditors.

BleuPage Launches Business Management Suite For Solopreneurs

PYMNTS

Social media marketing company BleuPage is broadening its B2B services with the launch of a business management tool designed for the “solopreneur.”. The tool combines an array of services, including customer relationship management (CRM), accounting, expense management, document management, recordkeeping and more. With Bizggro, you won’t need any other software to manage your enterprise.”.

WWS Business Analytics Management

Mobile Payments Today

WWS Business Analytics Management (WWS BAM) is the Data Analytics application module of the WWS software suite

Coupa Taps Alexa For Added Spend Management Features

PYMNTS

Coupa has rolled out enhancements to its business spend management (BSM) solution, the firm revealed this week. The enterprise spend management company announced at its annual Inspire conference the addition of voice activation using Amazon Alexa to manage inventory, locate items, and reorder stock. B2B Payments Amazon Amazon Alexa artificial intelligence B2B corporate fraud Coupa News spend management What's Hot In B2B

Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. The prepaid commercial card and expense management company announced an integration with eCapital to offer its SME clients the option to take out a loan straight from the PEX platform.

PaySimple Embeds Payments, Cash Management Tools For In-Field Technicians

PYMNTS

While the integration means Profit Rhino users will be able to accept payments on-site, PaySimple is also providing additional back-office features to the portal, including cash flow management and forecasting, and service agreement billing. Described as a “virtual cash register,” the Service Point of Sale (sPOS) solution includes customer relationship management, reporting, and other back-office capabilities while offering payment acceptance for card and ACH payments.

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Inside Sales Management (Part 2)

MZ Bierly Consulting, Inc.

In the second part of our interview, Frank Casale, Regional Vice President for Rhode Island and Southeastern Massachusetts for TD Bank, discusses how he approaches managing a commercial sales team. (To Do they have a healthy working relationship with their sales manager and their fellow RMs?

Hedge Funds’ Money Management Snag

PYMNTS

Regulation is pounding down on hedge funds and other buy-side organizations, which are now pressured to move their cash — making treasury and cash management less transparent and less efficient. A wave of post-financial crisis regulation is changing the way hedge funds manage their cash. Basel III is only the start of regulatory impacts on hedge fund treasury management. Cash Management. ” But it’s also about enabling better cash management overall.

Supplylogix Secures Pharmaceutical Inventory Management Patent

PYMNTS

Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). We are committed to developing innovative, industry-leading technology that delivers practical supply chain intelligence solutions,” the firm’s vice president and general manager Clay Courville said in a statement. B2B Payments B2B inventory management logistics News patent pharmaceuticals Supplylogix What's Hot In B2B

GEOBRIDGE: Unlocking The Key To Cryptographic Key Management

PYMNTS

Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys. Think of it as management by “other duties as assigned,” which is hardly an effective endeavor, as the most important security asset in a firm used to protect information (arguably the most important asset overall) is handled by people who, in some cases, have volunteered to take on the task.

The Middle Market’s Expense Management Conundrum

PYMNTS

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. There are two key focuses for mid-market expense management tools, he said: infrastructure and regulatory compliance.

Runzheimer Exits Expense Management Business

PYMNTS

Runzheimer International has decided to step away from the corporate expense management industry. The company is reportedly exiting the space in favor of offering its clients’ expense management solutions, integrated from partners like Concur Expense and Databasics. It is also unclear how many of Runzheimer’s clients currently use its expense management offering. Databasics, meanwhile, continues to augment its corporate expense management offerings.

Where The Paths Of Fleet And Corporate Travel Management Intersect

PYMNTS

Lyft made progress over its rival Uber this year when corporate travel and expense management firm Certify released data that found a 9 percent increase in the percentage of Lyft ride-hailing trips expensed on its platform. Lyft’s latest partnership in this effort was announced only days ago, when the company revealed an integration with LeasePlan , a fleet management service provider that offers a Car-as-a-Service business model to businesses using company cars for employee travel.

How The Subscription Boom Can Detail Expense Management

PYMNTS

In the quest to grab greater control over and visibility into company spend, Alex Bean, co-founder and COO of expense management company Divvy , said strategies must be proactive, not reactive. Expense management solutions may provide visibility into company spend, but it’s often after the fact. According to Bean, the feature that enables management of subscription services has been one of the most popular for Divvy. “We

Amazon Launches Secrets Manager For Passwords

PYMNTS

Amazon Web Services (AWS) has announced the launch of Secrets Manager , which will be used to safely store important company information, including passwords. Today we’re launching AWS Secrets Manager, which makes it easy to store and retrieve your secrets via API or the AWS Command Line Interface (CLI) and rotate your credentials with built-in or custom AWS Lambda functions,” the company wrote in a blog post. The new AWS Secrets Manager service is now available.

Can Treasury Management Survive Digital Darwinism?

ForwardBanker

The post Can Treasury Management Survive Digital Darwinism? Featured Treasury Management customer experience digital darwinism outsourcing treasury management onboardingGoogle recently blew Silicon Valley’s collective mind when it debuted its new digital assistant.

Sage Adds Expense Management Prepaid Cards To Accounting Mix

PYMNTS

Sage will offer its small business customers of its accounting and business services offerings in Spain B4B Payments’ existing expense management prepaid card solution. Sage will promote the card products to its network of account managers, the company said, while B4B will integrate transaction data from purchases made with the prepaid corporate card tools into the Sage accounting platform.

BELLIN Unites Treasury Tech With FX Management

PYMNTS

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions. B2B Payments B2B BELLIN fx management Kantox middle market News treasury management What's Hot In B2B

WWS Cash Management

Mobile Payments Today

WWS Cash Management is an effective and efficient multivendor and multichannel solution by Auriga that allows banks to manage the end-to-end cash management process, increasing self-service availability and reducing the cash procurement costs for all cash points, inside and outside the branch (ATMs, ASDs, TARMs, TCRs

10 Dumb Things Inexperienced Sales Managers Do

MZ Bierly Consulting, Inc.

Sales Managers like to hang around with their best people; high performers remind them of themselves! Sales Managers often leave this up to HR or to a departmental secretary. Sales Managers focus (appropriately) on helping people close business.

Managing Money Responsibly — And Not So Responsibly

PYMNTS

If looking for evidence that we live in an increasingly digital world, one need not look much further than the veritable explosion in online and mobile banking in the last half decade.

Google, Intuit Pair Up For SMB Cash Management

PYMNTS

Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cash management. I’m delighted this collaboration between Intuit and Google will deliver huge benefits for small businesses across Australia,” said Intuit Australia Vice President and Country Manager Nicolette Maury in a statement. Integrated services that automate data entry may be able to help ensure accuracy in small business cash management practices.

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European Central Bank Picks Treasury Management Tech Provider

PYMNTS

According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs. At the same time, they’re challenged to manage growing volumes of data while implementing technologies to facilitate straight-through processing, due diligence, stress tests and risk checks.

Happay Adds To Series B For Expense Management Tech

PYMNTS

India expense management company Happay secured more funding after its Series B round, according to an unnamed source cited by VCCircle on Friday (Feb. Happay initially launched as a consumer mobile wallet tool but later pivoted to become a corporate expense management company that offers businesses commercial cards and spend management capabilities. Last month, investors placed funding in another corporate expense management company.

Tokenization Management

Mobile Payments Today

PCI compliant and payment system compatible, while providing easy to process transactions and settlements

Liquidity Management: Staying Afloat in Turbulent Times

Celent Banking

Liquidity management has recently begun to assume increasing importance as four key external forces create turmoil in a historically placid section of corporate treasury. Banking Compliance Corporate Banking Basel III ISO 20022 liquidity management treasury management

Pret A Manger’s New Management

PYMNTS

Management’s proven track record and commitment to customer service, investment in innovation and approach to freshly prepared food position Pret well as it capitalizes on evolving consumer taste and lifestyle preferences,” said JAB Chief Executive Olivier Goudet. British coffee and sandwich chain Pret A Manger has found a new majority stakeholder: JAB Holding Company is expanding its already considerable reach within the coffee business with a purchase.

3 Money Management Startups to Watch

Bank Innovation

market gets saturated with various P2P apps, consumers are demanding that Venmo or Apple Pay or whatever platform they are using provide them with some money-management capabilities as well. The expectation for P2P payment apps is more than just payments. As the U.S.

Changing The Stripes Of Omnichannel Inventory Management

PYMNTS

Half the battle of inventory management is knowing where the products are in the first place — as in, on the shelves, in the stockroom or there at all. Retail Featured News inventory management kanniganti omnichannel smartsense zebra technologiesIn retail, inventory is what you’ve got and you hope they want. But when it just sits there gathering dust, money isn’t coming in, and space is being wasted.