Spend management stories - Page 3

Extend unveils an open-source AI toolkit enabling businesses to analyse financial data with advanced automation and multi-framework integration.

Extend launches open-source AI toolkit enabling businesses to enhance spend analysis and automate workflows via API integration with major AI frameworks.

ProSpend launches its Start ProSpending campaign to tackle inefficiencies in Australian finance teams, aiming to streamline processes and reduce wasted time.

Emburse has launched Emburse AI, a dedicated large language model aiming to streamline expense management and enhance accuracy in financial processes.

Middlebank Consulting Group and SimPPLY have formed a partnership to enhance supply chain visibility, aiming to cut third-party costs by up to 15%.

GetYourGuide has increased sales by 14% after streamlining its financial processes using Soldo's spend management platform, boosting operational efficiency.

For the third consecutive year, Workday has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises.

Extend has launched its Bill Pay feature, allowing businesses to settle invoices securely using virtual cards, enhancing accounts payable processes.

Unimarket and VendorPanel have merged to enhance procurement solutions, targeting an annual global spending of USD $13 trillion in the sector.

Payhawk's 'Fall Edition' introduces over 15 new features aimed at boosting spend transparency and accountability, addressing key pain points for financial leaders.

AI-driven procurement by Globality and HFS Research shows Global 2000 firms boosting productivity by 70% and cutting costs by 20%, enhancing efficiency.

Ivalua has launched its External Workforce Management solution, designed to streamline the management of external talent and costs within its Source-to-Pay platform.

Ivalua has partnered with Visa to unleash £400 billion in trapped supply chain liquidity, enhancing global corporate card use and improving cash flow.

Silvério Governo of Portt discusses the company's innovative approach to procurement and spend management, addressing sector-specific challenges and leveraging technology.

Moss has formed a strategic alliance with HR platform Deel, in a bid to make finance and HR operations for SMBs more automated and efficient.

Procurement teams face challenges of compliance, supply chain risk, savings focus and securing approval for technology investments, impacting an organisation's business success.

Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.

Accenture has identified Ivalua as a leading provider in the direct materials sector, highlighting the promise of its spend management solution to bolster supply chain resilience.

By taking steps to better manage indirect spend more effectively through invoice automation, companies can ensure that their operations and workflows are optimised.

Organisations that implement spend management technology sooner rather than later will find themselves in a stronger position to weather an economic storm.