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Spend management stories

Payhawk hits USD $100 million ARR on AI-driven growth
Software-as-a-Service

Payhawk hits USD $100 million ARR on AI-driven growth

Autonomous AI agents helped the London spend management firm reach USD $100 million in ARR while trimming sales staff and lifting efficiency.

By Sofiah Nichole Salivio • 4 min read • 4 days ago
onPhase taps TransferMate for cross-border payments
Software-as-a-Service

onPhase taps TransferMate for cross-border payments

Finance teams will be able to handle overseas supplier payments inside onPhase, as the software maker adds TransferMate as its exclusive partner.

By Karen Joy Bacudo • 4 min read • Last week
Google opens BigQuery conversational analytics to users
Data Analytics

Google opens BigQuery conversational analytics to users

Businesses can now query BigQuery in plain English, with Google adding audit trails, access controls and scheduled AI analyses.

By Sean Mitchell • 4 min read • Last week
Corma earns second Gartner nod for SaaS management
Software-as-a-Service

Corma earns second Gartner nod for SaaS management

Businesses are under growing pressure to track hidden software, AI tools and access rights as Corma secures a second Gartner ranking.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Employees use AI to make fake expense receipts, survey
Software-as-a-Service

Employees use AI to make fake expense receipts, survey

Four in 10 US workers admit using AI to create bogus expense receipts, highlighting growing fraud and oversight risks for employers.

By Joseph Gabriel Lagonsin • 5 min read • Last month
TransferMate partners Raindrop Systems on embedded payments
Digital Transformation

TransferMate partners Raindrop Systems on embedded payments

Finance teams will be able to handle sourcing, invoicing and settlement in one workflow as the tie-up adds domestic and cross-border payments.

By Karen Joy Bacudo • 3 min read • Last month
Calero named Leader in Gartner SaaS management report
Software-as-a-Service

Calero named Leader in Gartner SaaS management report

With software costs under scrutiny, the ranking could bolster Calero's pitch to large buyers seeking tighter control over SaaS spend and licences.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Ivalua launches single-agent IVA for procurement tasks
Software-as-a-Service

Ivalua launches single-agent IVA for procurement tasks

Procurement teams could get faster invoice checks and contract searches, while Ivalua bets on tighter governance with a single AI agent.

By Sean Mitchell • 4 min read • Last month
Parallel Works adds AI governance & token budgeting
Private Cloud

Parallel Works adds AI governance & token budgeting

Rising AI costs and weaker oversight are pushing enterprises to demand tighter controls as token use spreads across clouds and in-house models.

By Mark Tarre • 4 min read • Last month
Basware named Forrester AP invoice automation leader
Software-as-a-Service

Basware named Forrester AP invoice automation leader

The recognition underscores rising demand for invoice tools that can meet tighter e-invoicing rules, cut fraud risk and support AI oversight.

By Karen Joy Bacudo • 4 min read • Last month
Capture Expense partners with Pliant on business cards
Digital Transformation

Capture Expense partners with Pliant on business cards

Finance teams can now issue controlled cards through Capture Expense, reducing out-of-pocket claims and giving real-time spend visibility.

By Karen Joy Bacudo • 4 min read • Last month
Flexera launches AI cost tools to track enterprise spend
Software-as-a-Service

Flexera launches AI cost tools to track enterprise spend

Growing AI use is making bills harder to predict, pushing firms to track costs across models, agents, data and compute.

By Karen Joy Bacudo • 4 min read • Last month
Payhawk adds SAP S/4HANA integration in summer update
Software-as-a-Service

Payhawk adds SAP S/4HANA integration in summer update

The update aims to cut reconciliation work for enterprise finance teams by linking spend data directly with SAP S/4HANA Public Cloud.

By Karen Joy Bacudo • 3 min read • Last month
Ivalua launches IVA Studio for procurement AI automation
Software-as-a-Service

Ivalua launches IVA Studio for procurement AI automation

Procurement teams will be able to handle sourcing, invoicing and supplier risk in one interface, as Ivalua adds AI agent IVA Studio.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

Spend management stories

Float raises CAD $85 million to expand AI finance platform
Software-as-a-Service

Float raises CAD $85 million to expand AI finance platform

Its valuation has jumped 70% as the Toronto fintech uses fresh capital to broaden AI tools and hire across the business.

By Karen Joy Bacudo • 4 min read • Last month
Amazon Business launches new tools amid Australia growth
Software-as-a-Service

Amazon Business launches new tools amid Australia growth

Procurement teams are under pressure to cut costs as Amazon Business reports strong first-year growth and launches AI buying tools in Australia.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Revolut launches business platform for New Zealand SMEs
Software-as-a-Service

Revolut launches business platform for New Zealand SMEs

New Zealand SMEs can now access multi-currency accounts and cheaper cross-border payments as Revolut expands its business platform in the market.

By Karen Joy Bacudo • 4 min read • Last month
Modulr launches commercial variable recurring payments
Fintech

Modulr launches commercial variable recurring payments

Businesses with variable monthly bills may gain a lower-failure alternative to Direct Debit as Modulr adds pre-authorised Open Banking collections.

By Karen Joy Bacudo • 3 min read • Last month