what is a account management? The job of an account management service is usually to handle money management and build strong bonds with clients in a company setting. This means making reports, checking how well the company is performing financially and giving advice customized to what clients want to achieve. Business owners typically use outside firms that continually support their finances, ensure compliance and do long-term financial planning. Proper account management guarantees that the company’s spending and budget fit its business needs. Making account management a part of your finances helps companies of all sizes better manage communications, lower the risk of errors and generally improve financial efficiency.