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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Cash flow is tight for many SMBs, and business owners need greater visibility into their cash flow to mitigate the impact of unexpected expenses. Accordingly, spend & expense management is an area with significant growth potential for accounting firms — particularly those looking to jumpstart their CAS practice.

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The Middle Market’s Expense Management Conundrum

PYMNTS

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “We are more than welcoming them.”

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The Technology Lab Podcast – Review of Ramp – Nov. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Ramp , a finance platform that uses AI and other machine learning technologies to automate AP, expense management and spend management. RAMP is a spend management program now don’t hang up just because I’ve said spend management.

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Tech news: Thomson Reuters to rebrand to emphasize AI

Accounting Today

Plus, LeaseCrunch offers webinar on GASB 87, 96; and other accounting technology news.

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The Emerging Spend Management Sector: Simplifying Your Accounting Processes

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

For a long time, the market has offered point solutions for accounts payable, such as bill payment, expense management, travel software, and corporate cards. A Spend Management Software that consolidates all expenditures onto a single platform and automates many of the workflows associated with spending company funds.

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Getting Past ‘Standard’ To ‘Fair’: Tech Brings Efficiency To Mileage Reimbursements

PYMNTS

In a new PYMNTS webinar, Karen Webster and Danielle Lackey, chief legal officer at expense management provider Motus , spoke about those changes, and how companies can get with this trend to save money and even make employees happier. That rate — so often treated as a holy, infallible commandment — is anything but.

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401(k) tax FAQ: Tax considerations for contributions and withdrawals

ThomsonReuters

When it comes to navigating the tax landscape of 401(k) contributions and withdrawals, it’s important for accountants to stay informed and help clients make tax-efficient decisions during their retirement years. Withdrawals from Roth 401(k) accounts are tax-free in retirement, provided certain conditions are met. How is a 401(k) taxed?

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