Spend management stories
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Ascertus & Lawcadia forge strategic partnership to streamline legal operations
Thu, 25th Jul 2024
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data analytics
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strategy
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bi
Ascertus has partnered with Lawcadia to enhance matter and spend management for corporate legal departments, solidifying their portfolio with innovative solutions.
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UK businesses embrace Gen AI in procurement for efficiency gains
Tue, 16th Jul 2024
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digital transformation
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ai
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digitisation
Almost 25% of UK firms have adopted Generative AI in procurement, cutting manual tasks by 44%, reveals Ivalua research. Future efficiency gains are projected.
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AI-driven sourcing cuts costs by 20% for Global 2000 firms
Fri, 12th Jul 2024
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ai
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productivity
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procurement
AI-driven procurement by Globality and HFS Research shows Global 2000 firms boosting productivity by 70% and cutting costs by 20%, enhancing efficiency.
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Ivalua unveils new tool for external workforce management
Wed, 26th Jun 2024
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devops
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apm
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risk & compliance
Ivalua has unveiled its External Workforce Management solution, promising seamless integration within its Source-to-Pay platform to optimise talent selection, costs, and risk management.
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One-third of UK businesses hit by invoice fraud in past year
Fri, 21st Jun 2024
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procurement
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spend management
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isg
Nearly a third of UK businesses fell victim to invoice fraud in the past year, with only 39% preventing fraudulent payments.
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UK businesses see 449% rise in AI spending with ChatGPT leading
Fri, 7th Jun 2024
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fintechs
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spend management
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productivity
UK businesses have ramped up their AI spending by 449% in Q1 2024, with 63% of investments directed at OpenAI's ChatGPT.
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Ivalua & Visa team up to unlock GBP £400 billion liquidity
Fri, 31st May 2024
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commerce systems
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martech
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payment technologies
Ivalua has partnered with Visa to unleash £400 billion in trapped supply chain liquidity, enhancing global corporate card use and improving cash flow.
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Ivalua to enhance NCC Sweden's supply chain risk management
Wed, 29th May 2024
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risk & compliance
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cleantech
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construction
Ivalua to digitise NCC Sweden’s supply chain with advanced risk and performance management, aiming to curb annual revenue losses of up to 15%.
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Exclusive: How Portt is seeing the procurement landscape evolve
Mon, 15th Apr 2024
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edutech
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supply chain systems
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risk & compliance
Silvério Governo of Portt discusses the company's innovative approach to procurement and spend management, addressing sector-specific challenges and leveraging technology.
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Moss & Deel announce partnership to transform SMB finance & HR
Fri, 12th Apr 2024
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smb
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spend management
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onboarding
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.
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Four key factors procurement teams face that affect business success
Thu, 11th Apr 2024
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supply chain systems
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risk & compliance
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business success
Procurement teams face challenges of compliance, supply chain risk, savings focus and securing approval for technology investments, impacting an organisation's business success.
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Extend launches 'team budgets' to boost autonomy & secure expenses
Mon, 1st Apr 2024
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it budget
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spending
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autonomy
Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.
![Story image](../../../../../uploads/story/2024/03/12/preview_img-JK7Qfnpk3Vttf2eReLP61IFh.webp)
Accenture recognises Ivalua as leading solution in direct materials
Thu, 14th Mar 2024
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digitisation
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accenture
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spend management
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.
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Payhawk to boost London workforce by 44% following revenue spike
Fri, 8th Mar 2024
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data protection
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fintechs
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financial systems
UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.
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Managing indirect spend effectively through invoice automation
Wed, 6th Dec 2023
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fintechs
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spend management
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workflow solutions
By taking steps to better manage indirect spend more effectively through invoice automation, companies can ensure that their operations and workflows are optimised.
![Story image](../../../../../uploads/story/2023/11/07/preview_financial_man.webp)
Using data insights more effectively to manage cashflow and guide better decision-making
Tue, 7th Nov 2023
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erp
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spend management
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expense management
Organisations that implement spend management technology sooner rather than later will find themselves in a stronger position to weather an economic storm.
![Story image](../../../../../uploads/story/2023/07/24/preview_ORO-Founders-2.webp)
Spend pipelines: A key for organizations in looming downturn
Mon, 24th Jul 2023
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rpa
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spending
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digitalisation
Spend pipelines can deliver the data, systems, and workflow necessary to enable greater visibility and understanding of an organization's spending commitments.
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Workday appoints Paul Henaghan as President of APJ
Tue, 7th Mar 2023
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data analytics
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planning
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hcm
Workday appoints Paul Henaghan as president of Asia Pacific and Japan, as the enterprise SaaS applications vendor looks to expand its footprint.
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SAP appoints Carl Jones as Managing Director for South East Asia
Fri, 30th Sep 2022
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hcm
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asia pacific
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sales
Dr Carl Jones appointed as SAP Concur's new Managing Director for South East Asia, leading client-facing commercial opportunities and promoting sustainability.
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DiviPay raises $20 million, looks to expand into international markets
Wed, 29th Dec 2021
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fintechs
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capital
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spend management
Sydney-based start-up DiviPay has raised $20m in Series A funding to expand its operations and product offering in international markets.