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Corporate Card Spending is Up, But Adoption of Expense Management Software Lags

CPA Practice

A new survey of business financial leaders shows that, while nearly half of respondents (46%) increased corporate card usage over the past year, only 2% have increased adoption of expense management software, creating compliance and visibility challenges for employees and finance teams. Upwork reports that 32.6

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How AI Can Help Automate Expense Management

PYMNTS

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

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Checklist for Small Business Startups

SMBAccountant

Per the Small Entity Compliance Guide published by the Financial Crimes Enforcement Network, companies created or registered to do business before January 1, 2024, will have until January 1, 2025 to file their initial BOI reports. Budgeting and Financial Planning Budgeting tends to be an area that a lot of small businesses overlook.

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Destination efficiency: Why effective business travel management is crucial today.

Airbase

Some industry analysts say that it could be well into 2025 before demand returns to pre-pandemic levels. Luckily, the integration of travel booking software into expense management software provides visibility and control without slowing down your road warriors. Why is business travel lagging behind?

NetSuite 130
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Artificial intelligence and expense management: Taking on the tasks you love to hate.

Airbase

What if you could offload expense reporting — make the process faster, accurate, and compliant with your company’s policies without having to ask or look anything up? Creating that touchless user experience was our goal for Airbase’s Expense Management module. and $200 billion globally by 2025. AI in the spotlight.

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AICPA Wants Congress to Extend Sec. 174 R&E Expensing, Other Expired Tax Provisions

CPA Practice

Specifically, the AICPA supports the deferral of the Internal Revenue Code (IRC) section 174 amortization requirement of the research and experimental expenditures and requests that Congress retroactively extend the effective date to amounts paid or incurred in tax years beginning after December 31, 2025.

Tax 105
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Startup Expend Intros SME FinTech Marketplace

PYMNTS

London-based expense management startup Expend is introducing a FinTech marketplace to support small to-medium-sized enterprises (SMEs), the company announced on Tuesday (Jan. The business expense management software market is poised to be worth as much as $6.6 billion by 2025. .