As hardware, software, and AI evolves, so does the demand for the products that harness them--making technology a formidable industry specialization for accounting firms.
While tech companies face many of the same challenges as other organizations, their business model and fast-growth make them well-positioned to benefit from spend management.
For many accountants, expense management and spend management refer to the same discipline: the process of managing after-the-fact expenses. However, there is a distinction.