"The ROI of Expense Management: How Smart Solutions Save You Money"

The ROI of Expense Management: How Smart Solutions Save You Money

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Executive summary

Expense management is costly and time-consuming. Depending on business size, the average expense report costs $58 and 20 minutes to complete. Factor in human error and compliance issues, and what should be a simple process becomes needlessly complex.

Behind these challenges lie immense opportunity: AI-powered expense management solutions. New technologies are helping businesses improve financial control, enhance reporting and visibility and ensure compliance with company policies and government regulations.

In this analysis, we dive into what decision makers need to leverage expense management solutions to improve business operations, including:

➔ Expense management market fundamentals
➔ Automation to boost flexibility, efficiency and productivity
➔ Strategies to create new revenue streams
➔ Key capabilities in an expense management innovation partner

Expense management is an essential growth lever in today’s digital-first economy. Borrow our insights to capitalize on new opportunities and craft solutions fine-tuned for your business.