That includes delivering a differentiated experience to its core client segment, KPMG National Managing Partner–Tax Rema Serafi said in the release. When it comes to collecting payments from customers, KPMG Spark has an exclusive agreement with WePay (a Chase Company) that lets customers pay invoices instantly. WePay accepts Visa, MasterCard, American Express, Discover, and ACH transfers.
Accounting & Auditing
Securely send your data to your bookkeeping team automatically by connecting your bank accounts, credit cards and third party integrations to the app. Moving forward, your bookkeeping team will ensure your financials are up to date, payroll is delivered, and taxes are filed. “At KPMG Tax, our strategy is laser-focused on meeting the evolving needs of our core client segment and delivering an innovative and differentiated experience,” said Rema Serafi, national managing partner of tax at KPMG, in a statement. KPMG Spark is a software-enabled bookkeeping and accounting service for small and medium businesses.
- Invoices can be generated in under a minute which, if you have to charge numerous clients regularly, could potentially save your company a huge amount of time and money.
- Decimal provides comprehensive financial operations solutions for SMBs, including bookkeeping, tax support, payroll, and more.
- Spark Coworking provides you and your team a safe, all inclusive, and productive work environment with the flexibility to give you peace of mind no matter the size of your team.
- This rises to $362 for 4 to 6 accounts, and $454 for up to 10 bookkeeping accounts.
- Your dedicated bookkeeper and CPA gather all the information they need from your connected accounts—turning to you only when they need additional information to complete the process.
- What’s more, KPMG Spark has a variety of payroll organization tools to help you get prepared and pay local, state, and federal taxes.
Explore the 2026 Spark features
This solution is perfect for any business owner looking to outsource all their bookkeeping and payroll duties. Decimal’s outsourced, fixed monthly fee solutions cover bookkeeping, accounts payable, and bill pay. It also expands the company’s small-business footprint while adding key talent to the growing Decimal team.
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Our contributions not only help you save time so you can focus on other aspects of your business, but it also gives you the information you need in an efficient, presentable, and tax-ready format. The online service stems from KPMG’s acquisition last summer of Bookly, a company whose technology provided cash-basis accounting for small businesses. KPMG Spark expands upon Bookly’s technology by offering tax services to help businesses comply with the Tax Cuts and Jobs Act. KPMG Spark, through its online solutions, provides small and mid-sized businesses with Outsource Invoicing bookkeeping, tax preparation, and related services, supported by dedicated staff. The service’s solutions are appropriate for a range of enterprises, from small and closely held businesses and private companies to family offices, venture-backed startups and exempt organizations.
In order to keep your business alive and healthy, your finances and financial decisions need to be on the same page. For example, when you get a new plant you have to know how often and how much you need to water it to keep it alive and healthy. Likewise, with your business, you cannot spend too much or too little QuickBooks money or you will inhibit its growth. KPMG Spark’s services work with your business as the info sheet that comes with your plant to provide you the financial information you need to stay up to date with your finances and keep your business alive and healthy.
- With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors – all in one place.
- At month’s end you’ll receive a notification that your financial statements are ready to view or export.
- KPMG Spark say one of the things that separate them from their competitors is the proprietary software they use.
- The company said at the time that it would use the funds to accelerate growth and platform development.
As a small business, doing bookkeeping on your own can be daunting and extremely time-consuming. KPMG Spark takes the bookkeeping, payroll, tax preparation, invoices, and so much more off your plate so you can focus on what really needs your attention. As one of our clients recently stated, “Spark fuses together some of our most time-intensive tasks into a single platform, streamlining our accounting through to taxes”. KPMG Spark is online accounting service for small and midsized businesses providing bookkeeping, tax prep, and facilitating access to payroll services.
Pricing/Costs & Fees
When the recipient is selected by KPMG, they must provide their enrollment confirmation (scholarship is conditional of kpmg spark this). After KPMG receives the enrollment confirmation, the funds will be sent directly to the Canadian post-secondary institution. KPMG in Canada is proud to present the KPMG SPARK Scholarship, available to 10 high school students across Canada.
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. The Spark deal gives Decimal a solution and integrated ledger for smaller businesses. Two alternative online bookkeeping companies worth checking out are Bench and Bean Ninjas. Bean Ninjas use Xero accounting software if you’re already familiar with this software.