🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Wave Selects Q2 to Provide Digital Receipt Management Solutions to Small Businesses

Published 2024-02-08, 10:24 a/m
QTWO
-

Q2 Spend Manager to help business owners streamline expense management and gain deeper insights into financial data

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced Wave, the one-stop money management solution for small business owners, has selected Q2 as its strategic digital partner to offer its customers a streamlined and intuitive approach to managing expenses while gaining deeper insights into financial data.

Q2 Spend Manager enables small and medium-sized businesses (SMBs) to automate and streamline expense management, resolving the cumbersome and error-prone process of tracking expenses. The partnership will enable Wave to help its clients reduce the burden of manual expense tracking, improve accuracy and provide a real-time view of financial transactions.

We selected Q2 as our technology partner because of their expertise and proven track record in the receipt scanning industry, said Alo Mukerji, VP, Product at Wave. Their commitment to innovation aligns seamlessly with our vision, and their solutions empower our team to offer our customers a level of convenience and accuracy that sets us apart in the financial services sector.

Traditional expense management is a time-consuming and frustrating experience for small business owners, said Corey Gross, VP and Managing Director of Sensibill at Q2. We are proud to partner with Wave to help their clients address this major challenge and enable them to drive greater efficiency and accuracy for their businesses.

In 2022, Q2 announced its acquisition of Sensibill, which complements the capabilities of Q2 Catalyst, Q2's end-to-end commercial banking suite designed to help financial institutions win, onboard, serve, and grow business client relationships.

The acquisition of Sensibill has bolstered Q2's comprehensive data strategy to deliver insights that help eliminate the hassle of manual data entry for SMBs through Q2 Spend Manager. The solution enables SMBs to easily capture, consolidate and manage financial documents, automate the expense processes and uncover actional insights with SKU-level data gathered from receipts.

To learn more about Q2 Catalyst, visit: https://www.q2.com/commercial.

About Q2 Holdings (NYSE:QTWO), Inc.

Q2 is a leading provider of digital banking and lending solutions to banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2's comprehensive solution set allows its customers to better onboard, grow and serve their consumer, small business and corporate clients. Headquartered in Austin, Texas, Q2 has offices throughout the world and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com. Follow us on LinkedIn and X to stay up to date.

Carly Baker
Q2 Holdings, Inc.
+1 210-391-1706
Carly.baker@q2.com

Source: Q2 Holdings, Inc.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.