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Today digital payments are becoming the norm and the percentage of people using virtual payment cards is increasing significantly. Even the EU government is preparing to roll out digital wallets for every citizen shortly.¹  So, what is this virtual credit card, and why would you want one? In this article, we’re taking a look at what they’re all about.

B2B Rocks - by Axeleo, is a leading online conference in Europe for B2B and SaaS startups with monthly digital series.  

Along with recognized finance experts from the B2B SaaS industry, Sylvain Pasquerault, VP Finance of Jenji, discuss the key success factors for CFOs and the financial strategy of a company in general. When should the founders structure the finance function? What is the role of the CFO? How will he infuse a performance culture in the company?

Expense fraud remains a pressing problem for companies globally, especially with the economic downturn brought about by the COVID-19 pandemic. With an estimated 13.2% contraction of the economy in the latter half of 2020, the onset of the pandemic has brought about Singapore’s worst economic recession to date.¹ Expense fraud further contributes to significant economic losses for companies that fail to detect it, making it more crucial now than ever to tackle this challenge.

Lee Chee Leong, Head, APAC at Jenji, believes that the company’s automated proactive analysis plays a crucial role in streamlining organizational processes.  

"Going fully automated means the expense submission and approval processes are quicker, more efficient, and have fewer errors. For example, with Jenji’s OCR (Optical Character Recognition), users are not required to input receipt or invoice data manually. Accurate data extraction means time spent on data input is reduced by at least 80%." 

Read this article at FOCUS #75 to learn more