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Will there be a recession? How spend management improves agility in the face of uncertainty.

Airbase

At our recent webinar , “Balancing cash flow and growth in an uncertain demand environment,” 44% of attendees said they’d revised their forecast at least three times in the last year. Year-over-year consumer spending also rose, suggesting that people have, and trust that they will continue to have, disposable income.

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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

This lack of visibility can have a multitude of implications for accurate cash flow reporting, including an increased risk of not closing the books on time, to unexpected non-payroll spend. In fact, half of SMBs report that they struggle with inaccuracies in their current expense management solutions according to survey data.