TechDay Asia - Asia's technology news network

Expense Management Stories

Global Stories

Expense Management stories

Flex raises USD $70 million as it launches UK service
Software-as-a-Service

Flex raises USD $70 million as it launches UK service

The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Xero unveils AI tools as customer base hits five million
Software-as-a-Service

Xero unveils AI tools as customer base hits five million

The cloud accounting group's AI push aims to cut manual work for small firms as it moves beyond bookkeeping and into cash flow management.

By Joseph Gabriel Lagonsin • 4 min read • This month
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 • This month
Pay.com.au adopts Zendesk AI ahead of US expansion
Software-as-a-Service

Pay.com.au adopts Zendesk AI ahead of US expansion

Centralising support has cut costs and handling times as the fintech gears up for its first US office in a $35 trillion market.

By Karen Joy Bacudo • 3 min read • Last month
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
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
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
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

Stories from Other Regions

Expense Management stories

Ramp launches construction spend controls for projects
Digital Transformation

Ramp launches construction spend controls for projects

Construction finance teams can now spot overspending earlier, as Ramp's new tool ties project budgets, receipts and payments together in real time.

By Karen Joy Bacudo • 4 min read • Last week
Payouts.com launches AI agents for finance operations
Software-as-a-Service

Payouts.com launches AI agents for finance operations

Finance teams may cut manual work as the new system handles invoices, payouts and reconciliation under guardrails and human approval rules.

By Karen Joy Bacudo • 4 min read • Last week
Budgetly launches AI bookkeeping for Australian SMEs
Software-as-a-Service

Budgetly launches AI bookkeeping for Australian SMEs

Australian SMEs could save hours on month-end admin as Budgetly automates transaction coding, GST checks and receipt reviews on selected plans.

By Karen Joy Bacudo • 4 min read • Last week
KPMG sees AI surge as firms struggle to prove value
Digital Transformation

KPMG sees AI surge as firms struggle to prove value

Nearly half of businesses have paused or scaled back AI projects as weak cost tracking leaves returns unproven and security gaps widen.

By Sean Mitchell • 6 min read • This month
U.S. Bank launches Enhanced Payments for small firms
Fintech

U.S. Bank launches Enhanced Payments for small firms

Small businesses can now send ACH, wire and instant payments digitally, with lower fees and no branch visit needed.

By Karen Joy Bacudo • 4 min read • This month
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
HMRC mileage rise exposes outdated expense processes
Digital Transformation

HMRC mileage rise exposes outdated expense processes

Employers risk reimbursement errors and compliance headaches unless expense systems are updated to reflect HMRC's first mileage rate rise in 15 years.

By Sofiah Nichole Salivio • 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
UK business travellers embrace shadow AI for trips
Customer Relationship Management

UK business travellers embrace shadow AI for trips

Unapproved AI use is widening a security and compliance gap, with 75% of UK business travellers saying they would use shadow tools for work trips.

By Sean Mitchell • 4 min read • Last month
MYOB & Mastercard test AI payments for SMEs in Australia
Software-as-a-Service

MYOB & Mastercard test AI payments for SMEs in Australia

Small firms could ease cash flow pressure as the pilot lets owners set rules for paying bills, timing and payment methods.

By Karen Joy Bacudo • 4 min read • Last month