PYMNTS

JANUARY 29, 2020

A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. Automation could limit employee fraud, as the software will log and categorize employees with expense purchases.

Tax 56

Tax Technology Spend Management Expense Reimbursements 56

CPA Practice

OCTOBER 4, 2023

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.

Spend Management 59

Spend Management Expense Management Account accountant 59

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

These instruments have aided in the automation of workflows for various aspects of non-payroll spending. A Spend Management Software that consolidates all expenditures onto a single platform and automates many of the workflows associated with spending company funds. The solution?

Spend Management