Four Things You Need to Know About Deducting Business Gift Expenses

Everyone knows it’s better to give than it is to receive, right? Well, when it comes to your business, it turns out that you can do both at the same time. Just as you can expense business meals and entertainment, you may also deduct a portion of the amount you spend on gifts for colleagues, clients, and employees. There are, however, some limitations as to who you can give to, what you can give them, and how much of a deduction you can receive in return. So whether it’s a basket of holiday cookies or tickets to a Beyoncé concert, here are four things you need to know about successfully deducting business gift expenses.

Tallie Blog Business Gift Deduction Expense Reports

1. You can only deduct up to $25 per business gift.

We know you love your client almost as much as your client loves that gold-plated basket of pears. But as far as the IRS is concerned, you can deduct no more than $25 for each business gift per recipient for each tax year. It doesn’t matter whether you send that gift directly to your client, to their department, or to a member of their family. That $25 limit applies to everyone that may have benefited from your gift, even indirectly. However, if you send a set of gold watches to Mr. and Mrs. Smith, you will still be allowed to deduct $25 from each, provided that you have a separate (work-related) connection to each spouse.

2. You can’t deduct incidental costs.

Let’s say you’ve found that perfect gift for your IT department. While you always have the option of plopping it down in the middle of their desks unadorned, you’re probably going to want to wrap it first. Not to mention, giving gifts to partners at other companies means paying for shipping and handling. Know that in most cases, packing and mailing costs are considered “incidental,” and cannot be deducted. But if the packaging is considered to be part of the gift, like a hand-woven tote, its cost can be included in your deduction. Think the difference between wrapping paper and a decorative basket. Incidental costs may also refer to additional features that enhance the gift without substantially increasing its value–such as engraving.

3. Pens for everyone!

Certain kinds of items are considered to be exceptions to the $25 rule, and will not be counted towards your business gift expense limit. For example, you don’t need to include any widely distributed items that bear your name so long as they cost $4 or less. These small gifts most often manifest as pens, frisbees, and stickers with your company’s logo on them. Other strictly promotional items, such as signs or giant cardboard cutouts for display in your recipient’s storefront, are also not considered “gifts” for the purposes of the $25 deductible.

4. Are you not entertained?

According to the IRS, “any item that might be considered either a gift or entertainment generally will be considered entertainment.” (IRS Document 463 Ch. 3) So when in doubt, err on the side of an entertainment expense. But let’s say you give a client some tickets to an upcoming concert. If you attend the concert together, the cost of admission is automatically considered an entertainment expense. But if your client goes without you, you get to choose whether those tickets will be filed as entertainment or as a business gift expense. You are also free to change your mind about how to classify the expense, even after its been submitted to the IRS. If, after deducting the tickets as a gift, you determine that it would be more accurate (or more beneficial) to expense them as entertainment, you have three years to file an amended return.

You can keep track of all your business expenses, including business gifts, with Tallie’s award-winning expense report automation software. See how we can improve and simplify your accounting workflow FREE for 14 days – no credit card or commitment required. You can also schedule a product demo with one of our experts to help determine the best workflow for your business.

Become an Expense Report Guru. FREE October Tallie Training Webinars!

We believe in not only offering the industry’s best expense report software, but also a lifetime of top notch customer service. Due to the success of Tallie’s September webinars, we are continuing to offer free weekly training for users, administrators, and approvers alike. Lasting only 30 minutes, these training sessions are packed with information ranging from product guidance to live Q&A with Tallie Experts.

Register for an October webinar below to have Tallie Experts walk you through quick & easy training sessions!

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TALLIE USER TRAINING

1. Walk through the creation of a Tallie expense report.
2. Share the tips and tricks to create your expense report in a few minutes.
3. Answer any and every Tallie question you have.

Register:
Tuesday 10/7 8:30 – 9:00 am PDT
Tuesday 10/14 8:30 – 9:00 am PDT
Tuesday 10/21 8:30 – 9:00 am PDT
Tuesday 10/28 8:30 – 9:00 am PDT

APPROVER TRAINING

1. Walk through the expense report approval process within Tallie.
2. Show the expense report edit feature for specified approvers.
3. Answer any and every Tallie question you have.

Register:
Thursday 10/16 8:30 – 9:00 am PDT

ACCOUNTANT TRAINING

1. Provide a tour of the Tallie Accountant Portal.
2. Walk through the client account management process within the Accountant Portal.
3. Show how Tallie streamlines your accounting workflow with 1-click multi-point export and bi-directional accounting system integration.
4. Answer any and every Tallie question you have.

Register:
Thursday 10/9 8:30 – 9:00 am PDT
Thursday 10/23 8:30 – 9:00 am PDT

ADMINISTRATOR TRAINING

1. Walk through how to set custom policies and approval levels within Tallie.
2. Show how Tallie streamlines your expense workflow with multi-point data export and bi-directional accounting system integration.
3. Answer any and every Tallie question you have.

Register:
Thursday 10/2 8:30 – 9:00 am PDT

If you have any questions between now and your chosen training webinar, please don’t hesitate to contact our Product Expert Team directly at support@usetallie.com or 888-874-1118 Ext 2We hope to see you there!

Tips for Surviving (and Thriving) During the Busy Season

As we find ourselves in the thick of fall tax season, many accountants are already feeling the dreaded “burn out.” After a month of working ten to twelve hours a day, six days a week, even the most dedicated CPA might start to dream about setting fire to their paperwork. (That is, if they ever got any sleep!)

Sometimes, when faced with a crushing deadline at work, our healthy habits are the first things to go. Why spend precious time taking care of yourself when there’s an audit underway? Well, the truth is, you don’t always have to sacrifice your sanity in order to make it through the busy season. Below are some ways of caring for your mind and body that will not only help you feel better, but are proven to boost the quality of your work.

1. Step away from the screen!

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Image Courtesy of Fotolia.com

The longer you power through those deductibles, the sooner they’ll get done, right? Wrong!

As it turns out, scheduling regular breaks during the workday can actually do more than lift your spirits. Studies have shown that taking a break can significantly increase your performance, as well as your ability to focus on the job at hand. It sounds counterintuitive, but taking time away from a task will allow you to work harder and more efficiently once you return. The most effective breaks are spent away from the screen, preferably on your feet or in conversation. But the best break of all is the one that makes you feel good–so whether it be a twenty minute power nap or a ten minute stroll around the building, know that your brain will always benefit from a little you-time.

2. Leave room on your plate for lunch!

It’s not just your mind that needs some TLC. When you’re buried under mountains of paperwork, it can be easy to lose track of time, and, before you know it, the lunch hour has come and gone. Being pressed for time is never a good reason to skip a meal–going without food is known to decrease productivity, and can leave you irritable, fatigued, and unable to concentrate. If your office makes a habit of ordering in lunch and dinner during tax season, take advantage of it! Otherwise, find the system that works best for you. Do you look forward to going out to lunch with co-workers? Treat yourself! Looking to save money by bringing your meals from home? Try preparing your lunches a couple days in advance, just in case you’re too tired to whip something up the night before.

And believe it or not, just because you’re sitting at a desk all day doesn’t mean you can skimp on the water. Scientists have found that even mild dehydration can lead to decreased cognitive ability, as well as a negative impact on one’s mood and stamina. So don’t forget to drink lots of water in between those pots of coffee!

Oh, and about that desk . . .

3. Deskercise!

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Image Courtesy of Shutterstock.com

If you often find yourself exhausted, stressed, and fidgety at the office, you may find relief in a rather unexpected place: exercise. That’s right: according to the American Psychological Association, employees who exercise during the workday are more productive, happier, and have more energy than those who stay sedentary. Of course, accountants don’t always have time for (or access to) a gym during tax season. Fortunately, there are a number of workouts that you can do right there at your desk, even while continuing to work on those returns.

If you feel a little silly working out in the middle of the office, try to spend one of your breaks throughout the day engaged in physical activity. Walking to or from work, or even standing up and doing a lap around the office once every hour can do wonders for your mood and overall health.

Tax season may come only once (okay, twice) a year, but that doesn’t make it any less tough. Just remember that by making time to take care of yourself during these hectic, back-to-back months of long hours and missing weekends, you can skip the burn out and enjoy that well-deserved break.

Of course, another great way to make sure the busy season goes as smoothly as possible is to make sure you’re using the right tools. When it comes to processing expenses, our comparative analysis found that Tallie clients experience 67% time savings when compared with other expense report products. Our software will also save you the hassle of dealing with errors and expense fraud through our automated error prevention features. Tallie offers duplicate detection, auto-merging of matching of credit card transactions and receipts, and will even auto-flag expenses that violate your company’s policies.

Good luck with the rest of the busy season! We’ll see you on the other side.

Ready to save time with Tallie’s award-winning expense management software? See how we can help improve your business’s accounting flow, FREE for 14 days – no credit card or commitment required. How about a walkthrough from one of our trained experts? Schedule your free Tallie product demo any time.

Three Ways to Keep Your Data Safer Online, for Expense Management and Beyond

Sometimes the Cloud can seem like a scary place. Luckily, protecting your data is of the utmost importance to us, and we take pride in designing and implementing security mechanisms around Tallie. We use best-in-class firewalls, secure public servers, and private servers that operate within a Virtual Private Cloud. In short: your expense reports and personal information are safe with us.

However, we recognize that the internet plays an enormous role in the average person’s everyday life. And with the prevalence of social media, Cloud storage, and online banking, it’s more important than ever to protect yourself wherever you go. But don’t despair! Below you’ll find three simple, but effective, ways to keep your data safer online.

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1.  Use smarter passwords.

In order to prevent users from creating passwords that are easily compromised, Tallie’s most recent release includes a password strength meter. But when it comes to choosing a password, know that the strongest options contain multiple words or fragments of words. While including numbers and special characters certainly can’t hurt, the longer your password, the better. Avoid using guessable words or phrases that contain your personal information. For example, a password like “FidoSanFrancisco” won’t protect you for long after posting snapshots of your pup on the Golden Gate Bridge.

Be sure to never use the same password for multiple accounts. It may make things easier to remember, but once a single account is cracked, it leaves the others defenseless. And don’t forget to change your passwords often—at least once every 1-6 months.

2. Encrypt your most important files.

If you need to store or share data that you’d rather keep confidential, you always have the option of encrypting it first. This essentially renders your file unreadable by everyone without the corresponding passkey. To do this, we recommend using an encrypted file-sharing service like SmartVault. SmartVault allows you to store, encrypt, backup, and share your business’ confidential documents with ease. They also provide seamless integration with other business and financial applications, such as QuickBooks, QuickBooks Online, and, of course, Tallie.
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If you ever find yourself uploading or transferring sensitive information elsewhere (say, through a browser,) be sure to look for the small lock icon in the address bar. If you don’t see the lock, or the protocol “https,” then it’s not secure! We know that expense reports contain confidential information vital to your business. That’s why Tallie uses secure SSL connections to encrypt your data while it’s in transit, as well as for absolutely all of our web services.

3. Answer your security questions with lies.

In theory, security questions are a great idea. Sometimes we forget our passwords, and need a simple, painless way to reset or recover them. But if the only thing standing between a hacker and your Cloud account is knowing your mother’s maiden name, then you might be in trouble. Maiden names, birthplaces, and favorite pets are all easily found via Google or social media. So what can you do?

Well, when it comes time to pick your security questions, don’t be afraid to tell a few lies.

It may sound strange, but it’s one of the best ways to protect your password against social engineering. There’s no reason you can’t make it something easy to remember: perhaps your mother’s name is Skywalker, and you have fond memories of playing with some pet droids at your birthplace of Tattooine. The key is to choose something you can remember (or safely record,) but that can’t be searched out by prying strangers. Of course, if you’re on record as a die-hard Star Wars fan, you may want to invent something else! You can also protect your security answers even further by breaking up the words with numbers or special characters. Every extra measure taken makes it that much more difficult for a hacker to access your information.

Remember that you can always trust that your expense reports will be safe with Tallie. And armed with the above advice, you can much better keep the rest of your accounts safe and secure. If you have any questions about these or any other internet safety tips, feel free to leave them in the comments below!

Ready to experience Tallie’s award-winning expense management software? Give us a try, FREE for 14 days – no credit card or commitment required. Would you prefer a walkthough from a trained expert? Schedule your free Tallie product demo now.

Five Reasons to Make the Switch to QuickBooks Online for Expense Management and More

We get it, change is hard. If you’re accustomed to the desktop version of QuickBooks, you may be hesitant to give QuickBooks Online a shot. Fortunately, Tallie offers a complete, easy migration path to make your move as quick and as painless as the push of a button.

But if you’re still on the fence, here are the top five reasons to switch from the desktop QuickBooks to QuickBooks Online!

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5. Access anywhere, any time, from any device!

Need to enter some data from home? Stuck in an airport, and don’t have your work computer handy? QuickBooks Online provides access to all of your books from just about anywhere, even via your tablet and smartphone. While it’s true that QuickBooks desktop also offers remote access, it’s limited to only one user at a time—QuickBooks Online provides this service for up to 25 simultaneous users, so there’s plenty of room for everybody!

4. Automatic backups through the cloud.

Uh oh. Did you forget to transfer your latest save to your external hard drive? Has your external hard drive just exploded? Well, QuickBooks Online will automatically back up your files at regularly scheduled intervals, storing them safely in the cloud. Not only is your data safe from those dreaded, poorly-timed hardware malfunctions, it’s also protected by two secure firewalls. And don’t forget that Tallie is the only expense management option that uses true bi-directional integration to automatically transfer all of that data to QuickBooks Online. Any and all of the changes you make via Tallie or QBO are instantly updated and shared between the two.

3. Support is included.

Everybody needs a little help at some point—and we all know that it seems like things only start to go wrong once the product’s free support period has ended. While owning the desktop version of QuickBooks will entitle you to some free support, you’ll eventually need to purchase a Care Plan if you want that service to continue for the entire lifetime of the product. Fortunately, support is unlimited with QuickBooks Online, and its provided at no additional cost.

2. You’ll always get the latest upgrades.

The great thing about an online service is that you can always count on receiving every update, fix, and improvement as soon as they’re implemented. In the meantime, if you want to grab the latest version of your QuickBooks desktop software, you’re going to have to pay for it. QuickBooks Online upgrades are always included, and are usually released two to three times a year.

1. More flexibility and customization.

Every accountant has a different system, and it can be frustrating when your expense report software doesn’t jive with your own customized setup. QuickBooks Online offers more options for customization and increased specificity, such as class AND location tracking, multiple AR and AP lines in journal entries, and better functionality for firms with multiple offices.

But don’t forget, if you’re not ready to make the switch from the desktop QuickBooks to QuickBooks Online, Tallie will still support you. In fact, Tallie Connect is designed to bridge your offline expense report software with our online service, regardless of which version you use. This means that no matter what your preferred system, Tallie’s easy-to-use and highly customizable service can provide the best, most seamless experience possible. Some things never change!

Become an Expense Report Guru. FREE Tallie Training Webinars!

We believe in not only offering the industry’s best expense report software, but also a lifetime of top notch customer service. In a continued effort to deliver a premium expense report solution, Tallie now offers free monthly training webinars for users, administrators, and approvers alike. Lasting only 30 minutes, these training sessions are packed with information ranging from product guidance to live Q&A with Tallie Experts.

Register for a September webinar below to have Tallie Experts walk you through quick & easy training sessions!

tallie-expense-report-training-webinar-live

TALLIE USER TRAINING

1. Walk through the creation of a Tallie expense report.
2. Share the tips and tricks to create your expense report in a few minutes.
3. Answer any and every Tallie question you have.

Register: 
Tues 9/2 8:30 – 9:00 am PDT
Tues 9/9 8:30 – 9:00 am PDT
Tues 9/16 8:30 – 9:00 am PDT
Tues 9/23 8:30 – 9:00 am PDT
Tues 9/30 8:30 – 9:00 am PDT

APPROVER TRAINING

1. Walk through the expense report approval process within Tallie.
2. Show the expense report edit feature for specified approvers.
3. Answer any and every Tallie question you have.

Register: Thu 9/18 8:30 – 9:00 am PDT

ADMINISTRATOR TRAINING

1. Walk through how to set custom policies and approval levels within Tallie.
2. Show how Tallie streamlines your expense workflow with multi-point data export and bi-directional accounting system integration.
3. Answer any and every Tallie question you have.

Register: Thursday September 4, 2014 –  8:30 – 9:00 am PDT

If you have any questions between now and your chosen training webinar, please don’t hesitate to contact our Product Expert Team directly at support@usetallie.com or 888-874-1118 Ext 2We hope to see you there!

9.19 Release Notes: Improved Credit Card Flow, Custom Expense Export Options, & More

We’ve done it again. Talie’s 9.19 release notes introduce new features, enhances existing ones, and delivers new training resources available 24/7. We simplified the “Add a Credit Card” process, improved Custom Export options, added a new Auto-Split feature, amplified account security via a new password strength meter, and built a new training center called the Tallie Resource Room. Take a look:

I. Simplified Credit Card Page

Tallie’s Credit Card page is now better than ever before. You can now search credit cards by URL and bank name, and manual credit card profile setup is streamlined to one simple screen. Check out the screenshots below for step-by-step process:

Step 1: To add any card, click “Add a Credit Card.” Then you can find, search, and select your bank.

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Step 2a: For manually added cards, everything is displayed on one easy setup screen. Click “Save Credit Card Profile” and you’re done!

tallie-expense-report-credit-card-2Step 2b: If you simply selected your bank from Tallie’s list, click the bank name and sign into your bank account.

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Step 3: Review all imported credit cards before you finish.

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II. Improved Custom Export Options

Tallie’s custom expense export file now includes a number of new fields and supports simultaneous export of two different files – one for reimbursable expenses and one for non-reimbursable expenses. Additionally, you can now concatenate different values into the same field.

For Intacct/Bill.com users, Credit Card charges can now be directly imported into Intacct via CSV upload, giving you greater control over your non-reimbursables.

III. New Feature: Auto-Split

Now, under very specific parameters, expenses can be evenly split amongst a select group of projects.

Process Overview

  1. Create a transaction
  2. Click Itemize
  3. Create an individual item for each project and enter $0 for the amount in each item
  4. Save
  5. Review the itemizations, and you should see them split up evenly (e.g. 3 itemizations = $25 each).

For more information on how this new feature works, read this Auto-Split Tips & Tricks article in the Tallie Support Center.

IV. Enhanced Bill.com Integration for Intacct & NetSuite Clients

We’ve expanded and enhanced our integration capabilities for clients using either Intacct or Netsuite along with Bill.com. In addition to Classes, Intacct and Netsuite clients can now sync Department and Location lists from Bill.com into Tallie. These lists are fully editable with the same bi-directional sync capabilities that we expect for Classes.

V. New Password Strength Requirements

In an effort to further advance the security of your critical data, we have introduced a password strength meter. This adds greater security for company data and prevents users from creating passwords that are easily hackable.

The new password strength meter applies only to new passwords. Passwords are ranked on a scale of poor, weak, fair, good and strong. For now, a password will be accepted with a weak status and above; passwords with a poor status are not accepted. If you would like your employees to be using more secure passwords, you must ask them to create new passwords independently.

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Image from XKCD.com

TALLIE TIP: The Tallie password strength meter is based on the difficulty of a computer to create your password.The strongest passwords are easy for a human to remember and hard for a computer to guess. Try stringing together a few random words, rather than simply substituting numbers or symbols for letters.

VI. Tallie.com Resource Room

Looking to see Tallie’s features in action? Need additional training? Say hello to Tallie’s newest  learning hub: the Resource Room. On this page you will find videos, webinars, and downloadable content for learning, training, and helping you get the most out of your Tallie account. Visit the Resource Room now.

We hope you find these features to be highly valuable to your Tallie experience. For any further questions, please don’t hesitate to contact our Product Expert Team at 888-874-1118 ext 2 or email us directly at support@usetallie.com.

Top 5 Tips for IRS Record Keeping & Expense Management

Have questions about best practices relating to expense management? Tallie serves as a powerful receipt repository, so our Product Expert Team is well-versed in the do’s and don’ts of record keeping. Essential to any business, record keeping and proper documentation is critical to an optimized expense report workflow.

Fortunately, IRS regulations have evolved technologically, and electronic records can now directly replace hard copies. Gone are the days of filing cabinets stuffed with paper receipts! If an electronic system can efficiently and reliably house a complete reproduction of hard copy records, the IRS approves of businesses ditching paper copies. Here are some of the most common questions that the Tallie Product Expert Team receives regarding keeping records:

1. How long do I have to keep my records?

As a rule of thumb, CPAs tend to follow a 7-year rule (CPA.Net), although the IRS only requires that records be kept for as long as the tax return can be amended. There are regulations surrounding what changes can be made to a tax return post-deadline, including how long companies must retain records. For example, if you filed and paid your taxes on time, you have 2 years to file a claim for a refund. You would have to keep your records for that 2 years.

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2. Do you know of any instances where a receipt would not be required?

There are two examples in IRS Publication 463: If your expense, excluding lodging, is less than $75 OR if you have a “transportation expense for which a receipt is not readily available.”

3. Are there different documentation requirements for different types of expenses?

Yes. For example, for entertainment expenses a record must include the specifics (cost, date, location, description of type of entertainment) in addition to a description of the business purpose for the entertainment, the people that were in attendance, their business relationship, and whether or not your employee was present at the entertainment.

Conversely, gifts only require a record of the cost, the date it was purchased, and a description of the business gift. Here are additional details on what is required to prove specific types of expenses:

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Generally, as long as the record has the date, amount, merchant and any additional pertinent details, that should suffice (IRS table 5-1, pg 26). Most receipts have all of that information; however, Tallie transaction tiles  also have text field “Reasons” where additional information can be added. Companies that use Tallie can easily pull the address from the receipt image or look up attendee names in their CRM system.

4. Are there any types of expenses that I can combine to reduce the amount of records I have to keep?

Yes, there are a few types of expenses that can be combined. If you are traveling and take multiple taxis throughout the day, they can be combined into one taxi expense. Also, if you take a client out for drinks, even if you pay for each round separately, you can combine them into one expense.

5. Are my cancelled checks sufficient records for expenses?

No, not as the sole piece of evidence. Cancelled checks do have to be accompanied by a bill from the party the check was written to or some other form of documentation.

In the spirit of tax season, the Tallie Product Expert Team would like to know what questions you may have regarding proper record keeping and expenses best practices. Leave your questions in the comments below and we will reply immediately!

Expense Reports: Uncovering the True Cost to a Business

With software automation revolutionizing business accounting workflows, many accountants believe that automating the expense report process will be cumbersome and expensive. Tallie is here to set the record straight. Let’s break down the facts and falsities revolving around expense report automation in the accounting world:

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Belief: Automated expense report solutions will not save me enough time to make it worth my while.

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Tallie CEO Chris Farrell applied his 15 years of accounting experience to calculate the average time to complete one end-to-end expense report using traditional methods. The result was a whopping 91 minutes. By using an automated expense reporting tool, Chris found that the average time it takes to complete the same expense report is 32 minutes. That translates to a 67% time savings. Broadened to a high level perspective, an average of 40% of transactional accounting time is spent on accounts payable, with almost half dedicated solely to expense reports. That means you can free up over 10% of this time for other tasks.

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Belief: Automated expense report solutions will cost an arm and a leg.

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While a number of expense report options are available on the market, companies will reap the highest value through a product’s ability to integrate seamlessly with their accounting ecosystem. The value of expense report software becomes compromised if it cannot deeply integrate across multiple accounting systems. Tallie has very competitive pricing at $9/user/month. Broken down, that is less than $0.36 per day.

Belief: Things are fine the way they are. I do not have to spend the money to use a tool like this.

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You do not have to use an automated expense report solution. However, according to a recent report by the Aberdeen Group, the average cost of an expense report by traditional methods is $31. Alternatively, the average for an automated expense report was just $15. Again, cost savings exceed 50%. Combine cost savings with a suite of compliance tools (policies, groups, multi-level approval routing), internal control (duplicate identification, project accounting, general ledger mapping), and analytics tools, the decision quickly becomes easy.

To many, the move towards an automated system can seem daunting and expensive. But upon further exploration, it becomes clear that the truth is quite the opposite. Automation has revolutionized productivity for many industries over the years; now it is the accounting industry’s turn. By automating the accounting workflow, companies experience immediate savings in both time and finances. So don’t ignore the facts of a quickly changing industry. Become a part of the change, and explore the powerful benefits of adopting cloud-based software for your business’s accounting workflow.

REFERENCES:

Dwyer, C.J. (February 2010). The State of Travel and Entertainment Expense Management. Retrieved from http://www.aberdeen.com/aberdeen-library/6039/RA-travel-entertainment-expense.aspx

RootWorks Deems Tallie’s Expense Report Software a “Game Changer”

Tallie continues to build momentum as more and more CPA advisors are endorsing Tallie’s automated expense report software to their clients. Now RootWorks, a premier membership-based accounting education organization, has joined the list of Tallie partners.

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“[Tallie is] setting the standard for automating expense workflow.” – Darren Root

When I spoke with Darren Root, CEO of RootWorks, he told me: “Tallie is a game-changer. They are setting the standard for automating expense workflow, a core requirement for Next Generation Accounting Firms™.”

At its annual Winter Academy Conference in Sarasota Florida last month, RootWorks introduced Tallie as an integral part of its CPA practice curriculum. The RootWorks model is designed to help firms improve operational efficiencies by implementing optimized workflows and technologies and applying proper branding and marketing strategies.

RootWorks has been at the forefront of a fundamental shift in the accounting industry towards workflow automation, helping hundreds of firms implement technology solutions and improve business operations. Tallie’s advanced expense report software and integration with QuickBooks, Bill.com, Right Networks and SmartVault makes it a perfect pairing for RootWorks members.

RootWorks is one of many accounting practice advisors that have chosen to endorse Tallie’s expense report software. Tallie has received similar endorsements from accounting consultants including BMRG, National Advisor Network, and The Sleeter Group.