Expenses stories

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.

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.

Unclaimed expenses cost UK workers an alarming £76 million annually, according to a new study by WalkMe.

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 new survey has exposed Australian employee job dissatisfaction, with many being left out of pocket for work expenses.

Bulletproof has warned that it now expects a larger loss than originally anticipated at $2 million despite an improved revenue.

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

Cisco Systems New Zealand is back in black, recording a profit for the latest financial year and arresting decline in sales.

JB Hi-Fi NZ has seen its final profit for last financial year almost halved, despite an 11% rise in revenue and a jump of nearly 13% in gross profit.

How much is industry intelligence worth? Gartner Australasia's latest financials shed light shed light on demand for analysis - and industry events.

Business travel is on the rise, highlighting the need for technology platforms to make the process more efficient, according to Concur.

Cisco Systems NZ faces financial woes as revenues fall 11% to $22.2m and losses soar by 162% to $804,635 in the 2015 fiscal year.

Trade Me posted a similar profit for its 2015 financial year to 2014 as increased spending ate into bigger revenues.

GeoOp, the workforce management app, widened its annual loss as it invests in product development and adding new customers.

Fisher & Paykel Appliances, the Auckland-based manufacturer and consumer credit company owned by China's Haier Group, narrowed its full-year loss in 2.

Anzco Foods, New Zealand's third-largest meat company, said profit halved in 2014, a year in which it bought out shareholder Itoham Foods' half stake.

Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price d.