Expenses stories

Capture Expense has unveiled a platform tailored to Irish firms, simplifying expense management and ensuring compliance with Irish Revenue's rules.

Extend unveils an open-source AI toolkit enabling businesses to analyse financial data with advanced automation and multi-framework integration.

German expense management firm Circula has raised EUR €15 million to boost AI-driven automation, aiming to ease finance teams' workload and expand internationally.

Emburse launches AI-powered mobile app for enterprise expense management, boosting accuracy and speeding reimbursements for global business travellers.

ANNA Money's AI-driven tax bot, Tax Terrapin, has adeptly handled 30,000 UK tax queries, simplifying complex regulations for users ahead of deadlines.

ANNA Money has launched its new AI-powered tax solution +Taxes, targeting sole traders and limited companies, attracting hundreds of sign-ups in just two weeks.

HarborLab has launched HL AI, an innovative tool to improve maritime port expense management, promising enhanced efficiency for ship operators.

Aussies aged 18-35 face AUD $1.5 billion in unpaid shared expenses, prompting the launch of KttiPay to simplify group payments and foster financial harmony.

A report reveals that business travellers are booking hotels earlier, with average lead times rising to 17.35 days in late 2024, up nearly 7% from 2023.

Kobble has unveiled a new Embedded Finance Platform designed to tackle inefficiencies in Australia's financial sector caused by failed IT projects.

A new study reveals that 94% of financial institutions in the UK and US anticipate rising data budgets, raising concerns over cost control amid increasing expenses.

NEC New Zealand reports a pre-tax loss of NZD $1.098 million for FY24 despite a 9.2% revenue rise, grappling with increased inventory costs and shifting market demands.

New HubSpot research reveals rising costs and AI lag as top challenges for Australian businesses, prompting platform updates to bolster efficiency and customer engagement.

NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.

Deel partners with SAP to synchronise HR and payroll systems, enhancing data integration and decision-making for businesses through a unified platform.

AgileHRO launches Payroll Run and Smart Contracts features, aiming to automate payroll and onboarding processes, reducing errors and increasing efficiency.

CommBank’s app now includes Travel Booking and car buying services as it aims to enhance digital engagement among its 8.5 million active users.

UK business expenses surged 24% in FY 23/24, double the inflation rate peak, largely driven by increased costs in air travel, entertainment, and car hire, according to SAP Concur.

Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.

SAP Concur and Mastercard join forces to simplify expense processes, integrating transactions on corporate cards into Concur Expense to enhance user experience and compliance adherence.