Expenses stories

Emburse has added integrated itinerary management to its app, enabling business travellers to manage bookings and expenses seamlessly within one platform.

LG Electronics' NZ business posted a 29.4% rise in profit before tax to $38.5 million in 2024, despite rising operational costs and higher expenses.

Emburse has launched the Sage Intacct Connector to streamline expense management and enhance spending control for small and mid-sized businesses.

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

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

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.

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.

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.

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.

Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.

Harvey Norman's NZ sector faces financial woes, reporting a $100m plunge in sales revenue and a 33.6% decrease in net profit for 2023.

Oracle NetSuite has showcased AI-driven product upgrades at SuiteWorld 2023, aimed to streamline costs and boost efficiency.

Cloud ERP platform Wiise launches in New Zealand, offering tailored solutions for financial services, manufacturing, and warehousing sectors.

Oracle has upgraded its Cloud Infrastructure (OCI) with new developer tools and AI models for enhancing application development.

Given payroll's importance and complexity, it's understandable that payroll professionals are under increasing pressure to get it right.

Australian cloud platform Whispir achieves record full-year revenue of AUD$70.6m, up 48%, driven by new Communications-as-a-Service offerings.

A rise in services revenue hasn't been enough to stop SAP New Zealand's profit for the latest financial year crashing 97.5%.