Accounting
Small business cloud tech companies create end-to-end expense report workflow
SmartVault and SpringAhead, the creator of Tallie, an expense report automation system, jointly announced a powerful three-way integration with Intuit’s QuickBooks.
Jun. 26, 2013
Two technology companies that specialize in helping small businesses work more productively in the cloud have partnered to develop an end-to-end expense report workflow system. SmartVault, a provider of Software as a Service (SaaS) document storage and sharing solutions, and SpringAhead, the creator of Tallie, an expense report automation system, jointly announced a powerful three-way integration with Intuit’s QuickBooks.
Tallie’s integration with SmartVault delivers the ability to sync expense source documents directly with the associated entry in QuickBooks within one central repository. The result is workflow automation from the point of expense to an audit-ready data storage system—accessible directly from within a firm’s accounting system.
“Having a single system of record for financial data and all related source files means a firm is always audit-ready,” said SmartVault founder and CEO, Eric Pulaski. “Tallie adds tremendous additional value beyond data integration by distributing the onerous task of uploading source documents.”
“Access to the complete transaction record, including the receipt, is a huge benefit to customers and their accountants,” said Chris Farrell, founder and CEO of SpringAhead. “A great deal of engineering rigor went into Tallie’s automated policy compliance, and accounting control and fraud detection tools to make the solution a very simple reality.”
Tallie scans receipt information into an intelligent system that automatically categorizes expense information based on a company’s practices. It also reconciles with corporate credit cards and includes a host of management tools for policy compliance and analytics. Tallie is the only expense report automation solution that merges credit card transactions with receipt data and detects duplicates.
“This collaboration is an extension of our approach to the increasingly specialized SaaS market—partnering where we can to create incremental value for customers while giving them more control, not less, of their most important asset, their data,” added Chris Steege, CMO of SpringAhead.