Accounting Insight

AUGUST 15, 2023

Best practices for travel expense management Travel expense management can be overwhelming, especially if your business revolves around international clientele. Dealing with never-ending expense claims can prove to be a tedious and time-consuming task that uses up important resources.

Travel Expense Management 52

Travel Expense Management Expense Management Transportation accounting and finance 52

Accounting Insight

JANUARY 18, 2023

The good news is that with the help of smart expense management software , you can recover VAT on many of your company’s expenses. And because of this, many companies would rather write VAT off as an expense than allocate resources to recover their rightful funds. What is a VAT reclaim?

Expense Management 59

Expense Management accounting and finance Tax Finance 59

AccountingDepartment

OCTOBER 10, 2023

When running a business, keeping track of expenses can be a daunting task. From petty cash expenses to vendor payments, you need to ensure every penny spent is accounted for. That's where expense reports come in.

Expense Management 91

Expense Management Account accountant accounted 91

Accounting Insight

FEBRUARY 21, 2023

Likewise, larger enterprise businesses get nervous about too many T&E expenses as they can be difficult to track when multiple employees travel and often use bank-held company cards and separate expense management software. Taxes, expenses, and capital allowances are three concepts that often need clarification.

Travel Expense Management 59

Travel Expense Management Expense Management Entertainment Technology 59

CPA Practice

MARCH 21, 2024

Travelers can easily connect their loyalty accounts to preferred travel partner integrations and gain even more benefits from business travel. For travel managers this means more visibility, improved policy compliance and the ability to provide travelers with more flexibility.

Expense Management 52

Expense Management Technology accounting and finance Spend Management 52

CPA Practice

SEPTEMBER 27, 2023

For accounting firms, automation gathers scattered information and turns it into valuable insights. A new report from BILL shows how accounting firms are winning at automation. Of the nearly 1,200 accountants who were surveyed, more than two in five (43%) say they are already using accounting software with automation capabilities.

accounting firms 122

accounting firms Technology Gaming accounts payable 122

Insightful Accountant

OCTOBER 5, 2023

The new financial operations platform for SMBs integrates category-leading solutions across accounts payable (AP), accounts receivable (AR), and spend and expense management.

Account 90

Account accountant accounted accounts payable 90

PYMNTS

OCTOBER 19, 2018

Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. The enhancement supports employee expense reimbursements as well as micropayment disbursement and payment to employees for travel allowances to support mobile workforces, Microsoft said at the time.

Expense Management 55

Expense Management Employee Expense Reimbursement Expense Reimbursements Healthcare 55

PYMNTS

MAY 19, 2020

Brex is tapping the new funds for engineering and design to advance its tools for expense management and procurement. “We We are excited to have a front-row seat as Brex continues to revolutionize financial services,” said David Craver , portfolio manager and managing director for Lone Pine Capital.

Expense Management 57

Expense Management Start-ups Technology Account 57

PYMNTS

DECEMBER 11, 2019

based Metro Bank has begun piloting a new corporate expense management solution in partnership with Canadian FinTech Sensibill , a press release said Wednesday (Dec. The new service provides automated data capture on receipts for professionals traveling and making purchases on behalf of their companies.

Expense Management 52

Expense Management Technology bookkeeping accounting and finance 52

PYMNTS

MAY 22, 2018

Sage will offer its small business customers of its accounting and business services offerings in Spain B4B Payments’ existing expense management prepaid card solution. Those invoices can be paid via Stripe, a move that Sage said could facilitate faster payments to small businesses.

Expense Management 40

Expense Management sage accounting Account accountant 40

PYMNTS

OCTOBER 16, 2019

Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. 15) said ScaleFactor is launching a ScaleFactor Visa Card, a commercial card designed for small businesses to manage spend and customize their expense management workflow.

Expense Management 50

Expense Management accounting and finance small business accounting Finance 50

CPA Practice

MARCH 21, 2024

Fyle , an expense management platform that works with customers’ existing credit cards, announced the launch of its Conversational AI platform, where employees can submit expense receipts and other details via text messages. However, users still need to learn a new application while accountants tirelessly chase after receipts.

Expense Management 65

Expense Management Account accountant accounted 65

Accounting Insight

APRIL 3, 2024

Artificial Intelligence (AI) has certainly made its mark across a number of industries and the accountancy & finance sector is no stranger to the rapid advancements taking place. If used responsibly, AI serves as a powerful tool to aid Accountants, streamline their workload, improve accuracy and help them work smarter. What is AI?

Account 52

Account accountant accounted Technology 52

PYMNTS

JULY 25, 2019

A new corporate expense management company, Sweep , officially launched Wednesday (July 24), targeting startups and small businesses with automated spend tracking. According to the company, those data protection regulations have changed the way businesses must process their company expenses.

Expense Management 43

Expense Management Technology Spend Management Account 43

CPA Practice

OCTOBER 4, 2023

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.

Spend Management 59

Spend Management Expense Management Account accountant 59

PYMNTS

DECEMBER 3, 2018

It’s certainly the case for expense management, said Karim Jouini, CEO of France-based Expensya. Indeed, one of the biggest mistakes a company can make in its expense management strategy is “underestimating the importance of these three success factors in a process: data, data, data,” he said.

Expense Management 57

Expense Management Technology accounting and finance audit 57

PYMNTS

DECEMBER 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. One such firm is management and distribution company Sysco , which distributes food and beverage products to restaurants, healthcare and educational facilities.

Expense Management 52

Expense Management Spend Management Spend Management Solutions accounting and finance 52

PYMNTS

FEBRUARY 6, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. Blackbaud Purchase Cards are designed for “social good organizations” to digitize their accounts payable processes and enhance spend management for employees.

Expense Management 49

Expense Management accounts payable Spend Management Account 49

Airbase

NOVEMBER 2, 2023

Virtual cards are a game-changer for accounts payable departments. They’re an efficient solution for any business looking to streamline their expense management and procurement processes. The right virtual card program can save an accounts payable team hours of work every month. How do virtual card payments work?

accounts payable 130

accounts payable Account accountant accounted 130

PYMNTS

JANUARY 22, 2018

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.”

Expense Management 46

Expense Management Technology income tax Tax 46

PYMNTS

JANUARY 23, 2019

Mooncard, a France-based FinTech that provides businesses with payments cards and expense management solutions, has announced $5.7 Mooncard combines a physical card solution with a digital expense management platform to streamline the spend management process for businesses. million employees, Leteurtre said.

Expense Management 46

Expense Management Spend Management Technology Account 46

PYMNTS

DECEMBER 19, 2017

In the quest to grab greater control over and visibility into company spend, Alex Bean, co-founder and COO of expense management company Divvy , said strategies must be proactive, not reactive. The accountants are waiting for receipts to come in at the end of the month; they have to chase them down and react to expenses coming in.”.

Expense Management 63

Expense Management Account accountant accounted 63

PYMNTS

OCTOBER 30, 2019

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

Expense Management 41

Expense Management Technology audit Spend Management Solutions 41

PYMNTS

APRIL 26, 2020

Business owners can seamlessly switch to Digits and connect with services a company already deals with — accounting, lenders, payroll, financial and more, TechCrunch reported. “Digits is a phenomenal and truly game-changing product,” said Kenny Mendes, head of finance, people, and operations at Coda, according to the blog post.

Expense Management 60

Expense Management NetSuite accounting and finance payroll 60

PYMNTS

FEBRUARY 9, 2017

The latest data on corporate travel and expense management trends was released today (Feb. The company analyzed data from its clients and found new patterns in how companies manage expenses incurred while employees travel. 9) as T&E firm Certify published its newest report.

Expense Management 52

Expense Management Technology Travel Expense Management Account 52

CPA Practice

MAY 9, 2023

Intuit QuickBooks has enabled global free access to QuickBooks Online Accountant (QBOA), allowing accounting professionals in 170 countries “to move to the cloud faster, scale their practices and bring more value to their clients and the wider economy.” small businesses survive beyond the first five years.

quickbooks 111

quickbooks online accounting Account accountant 111

PYMNTS

NOVEMBER 8, 2020

Australian cloud expense and software provider expensemanager has partnered with Sage Intacct to offer cloud expertise and invoice management on the latter company's Intacct Marketplace, a press release says.

Expense Management 79

Expense Management Technology Expense Reimbursements accounts payable 79

Reckon

JANUARY 24, 2024

The accounting profession will not be immune to recent and future advances in AI. There’s a lot of hand wringing out there in the accounting community, among others, about how AI might impact their jobs or even make them obsolete. Let’s take look at some of the ways that AI can be harnessed by the accounting community.

Account 52

Account accountant accounted Technology 52

Airbase

DECEMBER 5, 2023

Steps to create effective business expense reports. 1) Gather and organize your receipts and expense documentation. 2) Using touchless expense reports. 4) Categorize your expenses for clear reporting and analysis. 5) Use a spreadsheet or an expense management solution to create the report.

Approval Workflows 130

Approval Workflows Expense Management Entertainment Technology 130

CPA Practice

AUGUST 22, 2023

Businesses are still working through how to make this record-breaking consumer application relevant and lucrative for the enterprise and for industries such as accounting, heavy with administrative-filled, repetitive, number crunching processes, ChatGPT is turning out to be a game changer.

Account 98

Account accountant accounted NetSuite 98

PYMNTS

MARCH 23, 2020

Proactis , a U.K.-based based eCommerce firm, is hoping its new bePayd service will help invoices get paid faster, particularly in the trying times of the coronavirus pandemic, according to a press release. The new service will allow invoice payments to go through almost immediately.

Expense Management 52

Expense Management Technology accounts payable B2B 52

PYMNTS

SEPTEMBER 6, 2018

Inadequate expense management processes have businesses wasting time. One common denominator across many of the points of friction, resulting from a lack of adequate expense management procedures, is wasted time.

Expense Management 40

Expense Management Spend Management Spend Management Solutions accounting and finance 40

Accounting Insight

APRIL 30, 2024

On 15-16 May 2024, over ten thousand accountants and finance professionals from across the UK are expected to attend the show. 300+ software and service suppliers will be exhibiting and showcasing the best new products, tech, software, services and solutions in the world of accounting.

AP Automation 52

AP Automation Expense Management accounts payable AP Processes 52

PYMNTS

NOVEMBER 7, 2017

David Peterson, CEO of small- and medium-sized business (SMB) expense management company Penny, Inc. solutions is automatically integrated with QuickBooks and categorized for faster, more efficient accounting and cash management purposes. But, he told PYMNTS, physical prepaid cards are also worth a look.

Expense Management 44

Expense Management quickbooks Spend Management cpas 44

Airbase

NOVEMBER 15, 2023

Since the launch of Guided Procurement, this year has seen a rapid-fire release of additional features that we love telling accountants about because, well, you’re unique in your ability to fully appreciate the value of our improvements. The magical upgrades that we introduce to improve the lives of accountants. Expense Management.

NetSuite 130

NetSuite AP Automation Expense Management Spend Management 130

Accounting Insight

APRIL 25, 2024

One of the fastest growing UK companies of 2024, cloud accounting software developer iplicit , announces its collaboration with Konnekt365 , a leading mobile app developer, to introduce a new student expenses solution for expense claims – ‘Student Expenses’.

Finance 59

Finance accounting and finance accounting software Expense Management 59