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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. Given the success of CAS for many accounting firms, card-based spend & expense management services can offer them the next frontier of growth.

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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

An employee could buy a software product that creates security risks, for example, or a company could waste thousands in duplicate subscriptions. Despite the influx of spend management software products, all designed to make employee spending easier to manage, many of these gaps remained.

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Workforce Spend Sector Gets Busy

PYMNTS

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. Follow the AI Money.

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Looking Within The Enterprise To Unlock Spend Data Silos

PYMNTS

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. Historically, said Airbase CEO Thejo Kote, finance and accounting teams have been forced to work around the friction of a fragmented spend ecosystem.

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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. These instruments have aided in the automation of workflows for various aspects of non-payroll spending. The implications of spend management for the future.

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Coupa Filing Confirms IPO Plans

PYMNTS

Spend management software company Coupa first grabbed headlines when it entered the Unicorn Club following its $80 million investment round last year. By targeting larger enterprises with its spend management solution, Coupa places itself squarely against top rivals like Salesforce and Oracle. ”

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Teampay offers companies spend management software designed to manage procurement and employee spend with a focus on the employee user experience and company policy enforcement. According to Tipalti CEO and co-founder Chen Amit, “manual accounts payable processes are no longer an option.”.

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