Spend management stories - Page 4

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

Ascertus has partnered with Lawcadia to enhance matter and spend management for corporate legal departments, solidifying their portfolio with innovative solutions.

Almost 25% of UK firms have adopted Generative AI in procurement, cutting manual tasks by 44%, reveals Ivalua research. Future efficiency gains are projected.

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.

Nearly a third of UK businesses fell victim to invoice fraud in the past year, with only 39% preventing fraudulent payments.

UK businesses have ramped up their AI spending by 449% in Q1 2024, with 63% of investments directed at OpenAI's ChatGPT.

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

Ivalua to digitise NCC Sweden's supply chain with advanced risk and performance management, aiming to curb annual revenue losses of up to 15%.

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.

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.

UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.

Spend pipelines can deliver the data, systems, and workflow necessary to enable greater visibility and understanding of an organization's spending commitments.