Do you know how much it costs you to process your expenses? Including the fiddly low-value ones? Probably more than they’re worth. The fact is, ignorance of these figures is not bliss for your balance sheet.
If you are looking for an expense management system and don’t know where to start, here’s a useful mantra. For the modern, agile company which strives for hawkish scrutiny of its bottom line, we suggest chanting this three times per day:
An encouraging number of organisations understand expense management. According to business intelligence specialists, Aberdeen Group, three quarters of organisations across the world see travel and expense management (T&E) as strategically important. But when it comes to adopting an expense management system (EMS), companies often don’t know which system will be the right fit for their company.