Spending stories

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

A survey by Soldo shows that 88% of UK finance leaders believe restricted budget access is hindering business growth and employee productivity.

A new CEWE report reveals that 73% of UK adults have faced disappointment with gifts, highlighting the best and worst presents for Christmas.

As Australians gear up for a record-breaking shopping season, concerns about online scams heighten, with potential spending surpassing $69.7 billion.

A survey by SmartRecruiters reveals that nearly a third of Australian executives doubt their hiring quality, despite vast recruitment investments.

With IT budgets strained by software sprawl and rising costs, monitoring tools might be the solution to regain control and enhance efficiency.

New research reveals UK Gen Z students have upped their gaming spend by 21% to GBP £48 monthly, contributing to GBP £3.4 billion annual sales.

UK businesses ramp up AI investment by 177% year-on-year, leveraging tools like ChatGPT and Fireflies.ai, but finance teams lag in adoption, reports Soldo.

Consumers increasingly blend online, offline, and social media shopping platforms. A report by Locus and Coresight highlights 65.8% utilising multiple touchpoints.

As cost-of-living pressures rise, Australian shoppers are more selective and returns-savvy, making flexible return policies key to retail success, says a new study.

Broadcom enhances VMware VeloCloud with Fixed Wireless Access and satellite support, aiming to boost Edge AI workload deployment.

Tech leaders are under strain as tech costs surge and visibility plummets, with transparency falling from 73% to 53% in two years, Cognizant reports.

Experts are weighing in on how the UK Labour government might address the nation's innovation challenges, and what it means for businesses.

Australian businesses are ramping up AI spending by 67% this year, driven by BSI’s findings that highlight the need for investment, training, and ethical standards to stay competitive globally.

Ascertus has partnered with Lawcadia to enhance matter and spend management for corporate legal departments, solidifying their portfolio with innovative solutions.

AI use in mining surges as firms seek to boost safety and revenue, with spending tripled in 5 years, reports Augment Technologies CEO Brice Gower.

Shopify's Southeast Asia Retail Report 2024 reveals 68% of regional retailers will up social commerce spending amid economic challenges, driven by rising consumer engagement on platforms like TikTok.

Australia’s CSO Group and xAmplify are set to merge, forming the nation's largest integrator of AI, cyber security, and business automation services, with a combined turnover of AUD $100 million.

Milieu Insight and FemTech Association Asia's latest report reveals femtech adoption by 60% of consumers in Southeast Asia, spotlighting strong growth and interest.

RMIT Online and Deloitte Access Economics report that business training budgets will increase to AUD $8 billion in 2024. However, with 45% of companies mismanaging these funds, there are four ways to maximise ROI.