Expense Management stories
Nearly half of businesses have paused or scaled back AI projects as weak cost tracking leaves returns unproven and security gaps widen.
Mid-market finance teams in Australia and New Zealand can now cut manual work as ProSpend adds Archa's credit-backed virtual cards to its platform.
Tighter fraud controls and easier integration are aimed at banks and corporate users as Citi becomes the first issuer to use the new tools.
Businesses will get tighter spend limits and transaction checks as Mastercard rolls out new virtual card controls, with Citi first to go live globally.
The payments firm is strengthening its European governance as it targets further growth across the region after reaching profitability last year.
The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.
The cloud accounting group's AI push aims to cut manual work for small firms as it moves beyond bookkeeping and into cash flow management.
Approved AI agents can now create controlled virtual cards for company spending, targeting procurement, travel and advertising workflows.
Canadian firms can now handle cards, expenses and bill payments in one system, as Ramp targets businesses beyond the US.
The overhaul has already triggered nearly 3,900 workflows and onboarded more than 10,000 suppliers, tightening controls across campus operations.
Businesses may see credit card rewards shrink as the Reserve Bank of Australia's surcharge ban and lower fees prompt banks to trim offers.
Small businesses can now access automated expense tracking and cash back as Intuit ties the new card directly to QuickBooks accounts.
The recognition highlights growing insurer demand for tools that curb building repair claim inflation, with users reporting 10% to 12% savings.
A gap in company controls is pushing many Canadian staff to use unauthorised AI for travel planning, expenses and rebooking.
The latest honours lift its CODiE tally to eight, underlining growing recognition for tools that help firms curb IT and market data spending.
Finance teams can now track AI costs across providers, with Ramp saying its tool can flag waste and cut monthly spend by 12%.
Construction finance teams can now spot overspending earlier, as Ramp's new tool ties project budgets, receipts and payments together in real time.
Finance teams may cut manual work as the new system handles invoices, payouts and reconciliation under guardrails and human approval rules.
Australian SMEs could save hours on month-end admin as Budgetly automates transaction coding, GST checks and receipt reviews on selected plans.
Small businesses can now send ACH, wire and instant payments digitally, with lower fees and no branch visit needed.