Spend management stories

Deskpro launches cloud and VPC help desk on AWS Marketplace, giving organisations flexible hosting, AI options and streamlined procurement.

Xero launches App Store Power Lists to spotlight top referred apps, boosting discovery for small businesses and reach for developers.

Ramp launches an AI Accounting Agent that codes transactions, handles accruals and reconciles ERP data to speed up the month-end close.

Emburse launches AI-powered Assurance tool to spot expense errors and fraud earlier, easing audit workloads and speeding reimbursements.

Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.

Xero unveils its 2025 Power Lists, spotlighting the most‑connected apps across accounting, payments, retail, trades and professional services.

Airwallex buys Korean fintech Paynuri, securing key licences to launch local payments and FX services for Korean and global businesses.

Airwallex acquires Korean fintech Paynuri, securing local payment and FX licences as it accelerates its expansion across Asia-Pacific hubs.

Calero appoints veteran analyst Hyoun Park as VP of Telecom & Mobility Management to sharpen its Technology Business Management push.

AI is set to transform procurement by 2026, making data governance, security and human-machine collaboration central to buying decisions.

Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.

Singapore fintech Aspire wins key licences in Australia, Europe and the US, paving the way for a global rollout of its business finance platform.

DoiT wins top-tier AWS managed service partner status, backing its AI-led FinOps and CloudOps platform ahead of 2026 programme revamp.

Zoho launches unified spend management and AI-driven billing tools, aiming to give large enterprises tighter control over finances.

SAP's Muhammad Alam says AI delivers true ROI when embedded seamlessly into applications, breaking data silos and enhancing user experiences, not as a standalone application.

Over 70% of APAC IT leaders lack full visibility of their IT spend, risking AI cost savings and innovation amid growing investments and complex cloud use.

Candex secures USD $33 million in Series C funding led by 9Yards Capital to boost its global procurement platform and vendor management offerings.

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.

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