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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Traditional manual reports also do not give SMBs the real-time visibility into spend that they need to accurately predict cash flow. 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.

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When CFOs’ Worries Are FinServ’s Worries, Too

PYMNTS

According to Parisi, some of the biggest implications of the research for the financial services industry are how CFOs are protecting profits and accessing working capital. The majority (60 percent) said that these non-full-time employees are likely to play a key role in their corporations over the next two years.