Firm Management

How to monetize spend management

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Recent research found that 72% of small and midsize businesses (SMBs) would like a proactive approach to expense management. This includes matching anticipated expenses to budgets before the money is spent. However, only 34% of accounting firms offer expense management services.

Growth-oriented accounting firms recognize opportunities like this. It's a chance to meet clients' needs while proving yet again their role as trusted advisors.

Modern expense and spend management combines technology and integrated corporate cards to flip traditional expense management on its head.

How can your firm adopt and monetize spend management? This guide explores ideas and real-world guidance to get you started, including: 

  • Building a business case
  • How and what firms are charging for spend management services
  • Accounting firm advice on packaging spend and expense management services
  • How to scale
  • How to train

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