To help firms keep pace with demand and realize the full potential of CAS, CPA.com recently introduced CAS 2.0 for business transformation and change management, providing firms with a more holistic vision and approach to drive firmwide adoption of CAS. “The powerful combination of Divvy and provides businesses with the ability to see 100% of their B2B spend, giving accounting firms a tremendous advantage to level up their advisory services and provide more value to their clients.”Īccording to CPA.com’s recent CAS Benchmark Survey, CAS is the fastest growing practice area for accounting firms. “We’re excited to build on our partnership with CPA.com, as we continue to deliver on our vision of an all-in-one financial operations solution for customers,” said René Lacerte, CEO and Founder at. A key strategy in supporting CPA.com’s updated client advisory services (CAS) 2.0 framework, firms can now have the technology tools to provide more strategic counsel for clients.
This move expands the partnership between CPA.com and, CPA.com’s exclusive partner for bill management since 2008, and replaces the previous expense management solution with a new offering that will unite all bill payments, expense management and card spending in one comprehensive solution.
Divvy card login software#
Divvy's solution allows managers to monitor spend on that card and quickly cancel subscriptions if necessary.įurther, the companies said, the platform enables managers to gain a single portal through which they can manage requests and approve or deny company, a provider of cloud-based software that for back-office financial operations for small and midsize businesses (SMBs), has announ ced that Divvy, a company, has been named CPA.com’s new exclusive partner for expense management, corporate cards*, and spend management.
The platform enables companies to create a burner or vendor-locked card number that is assigned to a particular vendor providing subscription services to the company. “But at Divvy, they're taking that burden off of both the employee and the finance department.”ĭivvy's platform is also targeting visibility over corporate spend via subscription services. “Employees are essentially giving their company a no-interest loan when they use their personal credit cards for corporate spending,” said WEX vice president of corporate payments Bob Sneed. This means workers will not have to use their personal funds and seek reimbursement later. The solution aims to help businesses provide employees with a company card product they can monitor. In addition to the new platform, Divvy also announced a collaboration with corporate payments company WEX. Together, the businesses are linking corporate clients to a spend management solution and a platform that provides spend data and analytics. Divvy puts this data front and center, which improves decision making, ensures budgets are adhered to and provides the real reward - automated expense reports.” “When given context and relevant data, we tend to make better decisions. “We created Divvy to give business owners a proactive way to manage their employees' spending habits, effectively helping them spend smarter while reducing the risks of fraud and wasteful spending,” said Divvy founder and CEO Blake Murray. In its announcement, Divvy cited research from the Association of Certified Fraud Examiners, which found that businesses waste a median of $30,000 on “illegitimate expenses.”Įmployee mismanagement of company money earned the top spot as the most common instance of fraud - 83 percent of cases involved employee misspend, analysts found. In part, the platform aims to provide businesses with greater visibility over employee spend to prevent misuse of company cards or fraud. The firm, which launched last year, is rolling out a new solution that enhances transparency and control of company spend. Corporate expense management company Divvy is targeting expense fraud with its new platform, the company announced Wednesday (Dec.
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