Articles from Emburse

Emburse, whose leading travel and expense solutions power forward-thinking organizations, today revealed findings from its State of Corporate Offsites survey and report. Corporate offsite meetings strengthen employee connections to their workplaces, allow for networking among colleagues and are growing in budget and frequency. The new survey of 2,000 U.S. employees exposes a problem, however: inefficient travel and expense management practices unfairly disadvantage younger employees, who are left with a bill for workplace bonding.

Emburse, whose leading travel and expense solutions power forward-thinking organizations, has released the latest edition of its Business Travel Snapshot. The report reveals year-over-year trends in hotel and airline pricing and offers a forecast for 2025. Based on data from Emburse Travel Analytics (formerly TRIPBAM Analytics), the report provides valuable guidance for corporate travel managers as they negotiate new contracts and plan their spend for the coming year.

Emburse, whose leading travel and expense solutions power forward-thinking organizations, launched its inaugural Tech Spend Index today, revealing how mid-size to large companies spent on major technology brands in the past year. Emburse processes over $90 billion in expense and invoice transactions each year and developed the index by analyzing $30 billion in completed expenses across 6,300 companies and 10.2 million employees. It found that while broader economic conditions may not seem favorable to consumers, employees continue to rely on these tools to do their jobs, even going so far as to pay out of pocket for what they need and submitting them for reimbursement.

Emburse, whose leading travel and expense solutions power forward-thinking organizations, has been positioned as a Leader in the IDC MarketScape for Worldwide Accounts Payable Automation Software for Midmarket 2024 Vendor Assessment (doc #US52378624, July 2024). Emburse has also been named a Major Player in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprise 2024 Vendor Assessment (doc #US51740824, July 2024).

Emburse, whose innovative travel and expense solutions power forward-thinking organizations, has announced a strategic relationship with Finexio, the fast-growing Accounts Payable (AP) Payments as a Service company.

Emburse, whose innovative travel and expense (T&E) solutions power forward-thinking organizations, today launched survey findings revealing an even stronger than expected connection between a business’s financial performance and its T&E processes.

Emburse, whose leading travel and expense solutions power forward-thinking organizations, continues its innovative track record by unveiling its vision for the next generation of integrated, end-to-end travel and expense management solutions, with the latest in fintech, at the Global Business Travel Association (GBTA) Annual Conference.

Emburse, whose innovative travel and expense solutions power forward-thinking organizations, is recognizing leaders across the world of corporate travel and expense with its second annual Emburse Champions awards.

Emburse, whose innovative travel and expense solutions power forward-thinking organizations, has been chosen by the International Rescue Committee (IRC) to provide a global expense management solution.

Emburse, the largest independent provider of travel and expense software, is giving businesses the ability to optimize their corporate air program savings with a suite of new features that deliver greater insight into air spend and increase flight reshopping options.

Emburse, the largest independent provider of travel and expense software, is giving business travelers the ability to dynamically reshop hotel stays directly from their Emburse Go Premier travel companion app.

Emburse, a leader in travel and expense (T&E) management, revealed today the extreme commutes – many of which are paid for by the employer — that hybrid workers make, in order to maintain their preferred work/life balance. The findings are the result of a new survey of 120 corporate finance leaders. The data shows how far companies are willing to go to create in-office experiences for their employees.

Emburse, a leader in expense management solutions, released new information today about corporate online advertising spend in the third quarter of 2023, as well as spend on leading AI company, OpenAI. The data reveals that companies spent 8% less on digital advertising than in the same period last year. Despite this overall decline, spend on Bytedance (owner of TikTok) advertising more than doubled annually. Ad spend on X (formerly Twitter) grew by 31% over the second quarter, but was still 23% lower than the same period in 2022.

Emburse, a leader in travel and expense (T&E) management, is taking the next step toward 100% automated expense management with the launch of its AI-powered receipt scanning engine. This launch is the next step in realizing Emburse’s vision of an expense that can be submitted, approved and reimbursed without the need for any human intervention.

Emburse, a leader in travel and expense (T&E) management, announced today the results of its Q2 2023 SpendSmart Travel Trends report. This quarterly report tracks how much organizations spend on business travel, as well as trends for booking volume and trip length, and compares it to the previous year and the previous quarter.

Emburse, a leader in travel and expense (T&E) management, has acquired TRIPBAM, the industry’s only provider of fully automated, always-on auditing technology to track and review corporate travel pre-trip spend, corporate negotiated discounts, and supplier contracts.

Emburse, the global leader in spend optimization, released new information today about corporate online advertising spend in May 2023. The data reveals that despite macroeconomic concerns, companies are on track to spend more on search and social advertising in 2023 than in 2022. As companies seek ways to be more efficient with their budgets, they are shifting which platforms they prioritize with their ad dollars, but have not slowed ad spending overall.

Emburse, the global leader in spend optimization, announced today the results of its Q1 2023 SpendSmart Travel Trends report. This quarterly report tracks how much organizations spend on travel, as well as trends for booking volume and trip length, and compares it to the previous year and the previous quarter.

Emburse, the global leader in spend optimization, has announced the winners of its inaugural Emburse Champion Awards. Winners were recognized across eight categories for their accomplishments in spend management sharing Emburse’s commitment to humanizing work.

Emburse, the global leader in spend management, and OMNIA Partners, the largest and most experienced purchasing organization for public sector procurement, have entered into an agreement to offer, without a formal bidding and contracting process, Emburse travel and expense management solutions to the more than 115,000 state and local government agencies and educational institutions participating in the OMNIA Partners cooperative.

The finance profession has faced a well-documented accountant shortage1 since 2021, and new research suggests that large enterprises are experiencing the most churn, finance professionals are turning to other fields, and employers are implementing automation to deal with current market challenges. The report by Emburse, the global leader in spend optimization, reveals the talent strategies of 400 finance leaders in a complicated labor market that is seeing both shortages and layoffs. Findings include:

Just ahead of the World Day for the Reduction of CO₂ Emissions on January 28, Emburse, the global leader in spend optimization, announces a new alliance with GreeMko to help companies meet their ESG commitments and achieve more sustainable travel.

Emburse, the global leader in spend optimization, announced today the results of its Q4 2022 SpendSmart Travel Trends report. This quarterly report tracks how much organizations spend on travel, as well as trends for booking volume and trip length, and compares it to the previous year, pre-pandemic 2019, and the previous quarter.

Emburse, the global leader in spend optimization, announced the findings of its 10th annual Spend Management Trends report today.

Emburse, the global leader in spend optimization, has announced that it has been positioned as a Leader in three IDC MarketScape reports for Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications - IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications for Enterprise 2022-2023 Vendor Assessment; IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications for Midmarket 2022-2023 Vendor Assessment; and IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications for Small Business 2022-2023 Vendor Assessment.

Emburse, the global leader in spend optimization, announced today the results of its Q3 2022 SpendSmart Travel Trends report. This quarterly report tracks how much organizations spend on travel, as well as trends for booking volume and trip length, and compares it to the previous year, pre-pandemic 2019, and the previous quarter.

Women finance professionals are barely a third as likely to aspire to become CFO as their male counterparts, finds research from Emburse, a global leader in spend optimization.

To mark national Hamburger Month (celebrated each May) Emburse, a global leader in spend management solutions, analyzed transaction data from almost three million meal purchases to discover which food and restaurant brands corporate America’s employees visit the most. The results can be found in the latest SpendSmart report.

Emburse, a global leader in spend management solutions, has launched Emburse Spend, an expense solution which combines card issuance, sophisticated spend policy control, and automated reconciliation. Emburse Spend empowers team leads to make spending decisions through a straightforward card issuance and management dashboard, which provides a secure and user-friendly way for employees to make purchases.

Emburse, a global leader in spend management solutions, has announced the launch of Emburse Go: a mobile travel companion that delivers the best possible business travel experience by managing every aspect of a trip - from end to end.

Emburse, a global leader in spend management solutions, has announced that it has appointed Adriana Carpenter as chief financial officer (CFO).

Emburse, a global leader in spend management, has launched a new solution that gives partner banks the ability to issue virtual cards through the Emburse platform. The first bank partner for the new solution is Silicon Valley Bank, the bank of the most innovative companies and their investors, and the 22nd largest U.S. commercial bank by assets ($163 billion).

New research from Emburse, a global leader in spend management solutions, shows that most organizations are missing out on opportunities to improve their cash flow, reduce operational costs and identify expense fraud.

Emburse, a global leader in expense management and accounts payable automation solutions, was positioned as the fastest-growing provider of expense management software in the latest market share report from leading technology analyst, IDC (Worldwide Travel and Expense Management Software Market Shares, 2020: Travel Down But New Opportunities Emerge July 2021, IDC #US47980421).

One in two organizations plan to increase their focus on socially- and environmentally-responsible business travel post-pandemic. But few are really taking the steps required to turn that plan to action.

Emburse, a global leader in expense management and invoice automation solutions, announces the launch of Emburse Analytics, empowering customers with dashboards that optimize spend, improve compliance and give finance teams deep spend analysis capabilities wrapped in an intuitive user interface.

Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Pay - B2B Payments, delivering strategic spend management for corporate accounts payable teams. Emburse Pay - B2B Payments provides an integrated payables solution for teams to easily manage and track the entire invoice approval and payment process.

Emburse, a global leader in expense management and accounts payable automation, is announcing the findings of its latest YouGov survey, aiming to understand current attitudes towards business travel. The data paints an interesting picture of the renewed appetite for travel as a means to strengthen business relationships and escape the household.

Zoom won’t keep sales teams off the road, according to new research from Emburse, a global leader in expense and AP automation solutions.

Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Audit. Emburse Audit provides organizations with a smart, efficient solution to ensure accurate and in-policy expense reimbursement. Emburse Audit combines the power of machine learning with a team of independent human auditors to save time, ensure compliance, eliminate wasteful spending and reduce fraud.

Emburse, a global leader in expense and AP automation solutions, today launched its latest Travel & Expense Management Trends Report. This year’s report details how organizations are managing spend as they emerge from the pandemic.

Emburse, a global leader in expense management, has launched a strategic collaboration with UKG (Ultimate Kronos Group), a leading global provider of HCM, payroll, HR service delivery, and workforce management solutions, that will automate the labor-intensive process specific to new employee expense management onboarding.