Nium：2023支出管理报告-为支出管理平台提供智能和可扩展的支付（英文版）（13页）.pdf

1、1Scaling Spend ManagementIntelligent and scalable payments for spend management platforms.2IntroductionSpend management software was originally designed to help aid employee and department spending,primarily the reimbursement and management of receipts and expenses.But the world of work has changed.

2、Its now unrecognizable from just a few years ago.The emergence of remote and global teams expanded international supplier and partner bases,a new approach to travel and wider economic uncertainty means that today,the spend management needs of finance teams are more complex than ever beforeespecially

3、 when it comes to payments.As a result,teams reliance on spend management platforms have increased,more options have emerged and the market is growing.Fast.Between 2022 and 2029,its projected to reach$39.05 billion,at a CAGR of 11.1%.However,not all platforms have the infrastructure in place to meet

4、 this long list of new requirements:More cross-border payments Increasingly complex expenses Real-time reimbursements Multiple company cards Evolving AP/AR challenges More competition and fewer differentiators for platforms But with the correct payment infrastructure in place,platforms can level up

5、their offering with direct payments,automatic reconciliation,virtual cards,seamless cross-border transfers,and more,all while reducing payment costs.This,in turn,will not only mean that they can aid businesses and their employees further but also scale their businesses at home and abroad.Why the spe

6、nd management space is growing at such speed The payment issues holding platforms back How new payment technologies can solve the issue How to improve your platform with the right payment partnerIn this guide,well explore:3A growing and evolving market According to one study,European businesses lose