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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Traditional expense management solutions, which only track expenses after the fact, don’t offer the comprehensive visibility into spending and cash flow that SMBs need to effectively run their business. By comparison, modern spend & expense management solutions can provide proactive insights based on real-time data.

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Expensify Offers Unlimited Virtual Cards for Business Spend Management

CPA Practice

Monthly spend cards, on the other hand, are perfect for managing recurring expenses such as subscriptions and memberships. Customers can also name their virtual cards, making it easy to categorize and assign them to specific accounts upon creation.

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Minimize sync errors with the best accounting software.

Airbase

These errors force accounting teams into troubleshooting mode, often when the pressure is on to get the books closed. An up-to-date and always-accurate GL is arguably the greatest feat of automated accounting and finance software. For our product, these are the accounting and operational workflows for company spend.

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B2B Subscriptions Change The Corporate Accounting Game

PYMNTS

That expansion also means challenges for the businesses in how they manage their accounts and finances, as well as their relationship with business or consumer subscribers. ” When billing on a recurring basis instead of a single time, manual accounting tactics can make cash management monumentally more difficult.

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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

One such solution was released by ScaleFactor , a provider of business accounting services. The company’s new commercial card is designed to help SMBs more effectively manage their expense workflows, and can be used by managers to issue either physical, temporary or virtual cards to employees. million nonprofits in the U.S.

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SciQuest, Basware Upgrade Their Procure-To-Pay Game

PYMNTS

2), spend management firm SciQuest revealed updates to and new features for its source-to-settle platform. “It also enables organizations to achieve greater accuracy and productivity in their purchasing and finance operations and ultimately cut costs through increased visibility into spend.” On Tuesday (Aug.

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Integrated Platforms Arm CFOs With The Power To Optimize B2B Payments

PYMNTS

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions.

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