Of course, upgrading an outdated expense management solution that has been embedded into your organization is easier said than done. Getting buy-in for an expense automation upgrade They want a simple, easy-to-use, and rapid solution that streamlines expense management while integrating into their organization’s enterprise financial system. Nobody wins.įinance leaders and team members are frustrated by error-prone, tedious, and time-intensive manual processes. This makes it difficult for finance teams to gather reliable expense data, manage budgeting and spending, drive costs savings, and improve compliance. In the first three posts in this series ( Part 1, Part 2, Part 3), we went over how Finance and AP teams can leverage expense management automation to clean up their data, reduce risks and waste, and free up valuable time so team members can focus on high-impact endeavors, like performing insightful data analysis that leads to confident, data-driven business decisions.Īccording to Forrester, which surveyed 311 global finance leaders involved in expense management decisions at their organization, only a quarter of finance teams are using automated solutions for expense management.

Chrome river emburse