Why Automate Business Expense Reporting, Purchasing and Payable Invoice Processes?
Organizations must spend money in order to function. As your organization grows, more people play a role in spending, causing processes to become strained and individuals to become frustrated.
Organizations are motivated to improve spending processes because of three primary reasons: Automation to create efficiency and to save time and money; visibility to see and understand all spending no matter where it is in the approval process; and control to know that spending adheres to organizational policy.
Individuals who play a role in spending also appreciate what automation can provide: Submitters easily create and submit spending requests; approvers have all of the information they need to make informed approval decisions; accounting teams can efficiently process payments and reimbursements; and executives and finance teams have complete visibility to analyze spending.