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Maximizing Value: The Significance of Spend Management for CFOs of Private Equity Backed Companies

E78 Partners

This statistic underscores the significance of strategic spend management, even within technologically advanced resources. Maintain Accurate Inventory : Maintaining an accurate inventory of invoiced items is central to spend management. Effective spend management is essential for CFOs.

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How AR-AP Connectivity Works To Deepen Buyer-Supplier Ties

PYMNTS

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.

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Even Fleet Saw Some Action From B2B FinTech Investors

PYMNTS

Accrualify provides procure-to-pay solutions, including vendor management, accounting, spend management and other features, looking to fill gaps left by other P2P solutions. The firm provides add-on services, including invoice automation, payments, purchase order management and accrual management.

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The Virtual Card Case For Nonprofits

PYMNTS

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. But what a commercial card can’t do as well as a virtual card is security. Nonprofits are well-positioned to benefit from virtual credit cards,” the report concluded.

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Supplier Management Attracts $12M In Venture Capital

PYMNTS

An India-based startup helping businesses better manage their suppliers has raised new funding from investors. Reports on Wednesday (July 13) revealed SirionLabs secured $12.25 “Traditional procurement technology doesn’t cut the ice; managing the vendor after signature is the order of the day.”