article thumbnail

Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Accordingly, spend & expense management is an area with significant growth potential for accounting firms — particularly those looking to jumpstart their CAS practice. By comparison, modern spend & expense management solutions can provide proactive insights based on real-time data.

article thumbnail

Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

For decades, the many steps and stakeholders in large enterprise purchasing meant procurement teams had to rely on heavyweight, expensive solutions, while mid-market companies either had to adopt one of those overly cumbersome solutions or throw some ad-hoc procedures together to try to control spend. Accounts payable and procurement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Spend Management Beefs Up Bottom Lines

PYMNTS

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures. Controlling spend doesn’t have to mean giving employees less capital to work with, said Duvedi.

article thumbnail

Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

This is referred to as spend under management (SUM), and is an extremely useful KPI at any stage Centralizing a decentralized world. SUM is a basic procurement metric that measures the proportion of an organization’s total managed and controlled spend through procurement processes.

article thumbnail

Embracing The Long Road Ahead For Commercial Card Innovation

PYMNTS

Mobile tools not only enable professionals to work beyond the nine-to-five world, but these capabilities provide real-time insight into corporate spend. Managers can identify and assess suspicious transactions almost immediately. In accounts payable, commercial card transactions may not account for much — yet.

article thumbnail

Meet the Brand: Payhawk

Accounting Insight

Introducing Payhawk, the leading spend management solution for scaling businesses. Payhawk is the leading spend management solution for domestic and international businesses throughout Europe, the US, and the UK. Learn more about them before meeting the team at Accountex… What do Payhawk do?