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Navisteps Lands $1 Million For SMB Travel, Cost Management

PYMNTS

Travel and cost management company Navisteps has notched $1 million in a pre-seed round, with investment originating from angel investors, Phocuswire reported. While expense and travel management solutions are not new, they traditionally target large enterprises.

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Today In B2B: Brexit Uncertainty Looms; Unifiedpost Acquisitions Bolster B2B Platform

PYMNTS

Today in B2B payments, Unifiedpost reveals acquisitions to build out its B2B platform, while Tally Solutions launches eInvoicing technology in India. Unifiedpost Unveils Acquisitions To Build European B2B Platform. Unifiedpost Unveils Acquisitions To Build European B2B Platform. 23) announcement.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds this week. The company saw Bessemer Venture Partners lead the investment, while US Venture Partners, Costonoa Ventures, PeakSpan Capital, Hyde Park Angels and OurCrowd also participated, according to reports.

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The five challenges facing CFOs in a deadweight economy

Future CFO

Waning pricing power: Greater price sensitivity from indebted consumers and B2B customers reduce the viability of pass-through pricing as a way to neutralise the impact of cost pressures. CFOs should reconsider their automatic pass-through pricing strategies and assess opportunities for dynamic pricing.

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Zycus Steps Into Mid-Market Procurement

PYMNTS

The tool comes with Genesys Essentials and Genesys Advances, the company explained, to support spend management, compliance, operational cost management and scale for mid-market and high-growth companies. ”

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CPOs’ Support For Innovation Surprises The Market

PYMNTS

The difference in investment of new technologies between 2014 and 2015 was also significant. Researchers found a 27 percent increase in the number of CPOs investing in digital, self-service portals for their customers.

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Procurement Professionals Unhappy With Tech Options

PYMNTS

For instance, more than half (54 percent) said they plan to invest in spend analytics technology this year, and nearly half (46 percent) said they will increase their use of eProcurement solutions.

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