SmartVault, a document management and client portal platform purpose-built for accounting professionals, has acquired SmartPath, a pricing intelligence and revenue optimization platform for the accounting profession. The acquisition, completed on April 4, 2024, accelerates SmartVault’s offering in Client Advisory Services (CAS), an important and growing category of service offerings for accounting firms – from micro-businesses to larger high-growth firms.  

SmartPath empowers firms to accurately present their value to clients by providing a solution to increase margins and client satisfaction. The unique offering enables firms to optimize their client billings and scale their delivery of Advisory services based on learnings from working with over 1,500 firms. SmartPath is uniquely positioned to support firms with the ability to increase profits and deliver higher-margin advisory services at scale.  

“Accountants are flooded with apps that increase productivity, but there is a real need in the market for a solution that gives tax and accounting professionals the tools they need to offer, and be fairly paid, for their services,” said Dania Buchanan, President of SmartVault. “Clients have an increasing appetite for strategic advice, and firms need to grow profits. SmartPath is uniquely positioned to solve both issues, helping firms optimize pricing while transitioning into a wider range of Advisory services. We are thrilled to have the SmartPath teams’ 15-year industry expertise in-house.”