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And today, I use my company’s own virtual credit card and spendmanagement app to help controlspending and close the books faster. Here’s how to attract them to accounting: Make the education requirements for CPAs less onerous and expensive. Pay a more attractive entry-level accounting salary.
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.
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 controlspend.
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