Decimal Acquires SaaS Bookkeeping Assets of KPMG Spark

This solution is perfect for any business owner looking to outsource all their bookkeeping and payroll duties. Top10.com is designed to help users make confident decisions online, this website contains information about a wide range of products and services. Certain details, including but not limited to prices and special offers, are provided to us directly from our partners and are dynamic and subject to change at any time without prior notice. Though based on meticulous research, the information we share does not constitute legal or professional advice or forecast, and should not be treated as such.

KPMG has designed a strong managed services solution for tax and finance that allows us to leverage both a global tax compliance platform and their investment in technology to position us for the future. Decimal’s outsourced, fixed monthly fee solutions cover bookkeeping, accounts payable, and bill pay. The company also offers software selection and implementation services. The move will broaden Decimal’s suite of automated accounting operations solutions for small- and medium-sized businesses (SMBs). The firm – which was founded in 2019 – previously focused on mid-sized SMBs using QuickBooks Online.

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WePay is best known for its partnerships with crowdfunding sites like GoFundMe. When a client pays through WePay, they will be able to make use of MasterCard, American Express, Visa or Discover. © 2024 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

Meanwhile, to the right of the dashboard, you’ll find shortcuts for contacting your bookkeeper and reminders about any urgent accounting tasks to complete. Besides those invoicing fees, you’ll need to pay a monthly subscription to use kpmg spark and prices vary based on the number of accounts you need bookkeeping for. This rises to $362 for 4 to 6 accounts, and $454 for up to 10 bookkeeping accounts. At KPMG in Canada, “do work that matters” means contributing meaningfully to our clients, people, and the communities we serve in ways both big and small.

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The Spark deal gives Decimal a solution and integrated ledger for smaller businesses. After you send out an invoice through Spark, the platform can automatically collect payment information from your clients, such as their bank account and credit card numbers. This will help you to keep track of your invoices and chase up clients who haven’t paid yet.