Did you know that a 1% decrease in operating costs is equal to a 10% increase in revenue?
Join Brian Klemenhagen, Senior Principal from TripleTree, a research-based investment banking firm, for this highly informative complimentary webcast on how spend management best practices can improve the profitability of your company.
Sign up to view the pre-recorded webcast now using the form on the right.
More than $500 billion in annual profits are lost each year because companies fail to organize and analyze spend data and implement best practices to capture these lost savings. In fact, less than 20% of organizations fully utilize spend management best practices.
Despite these startling statistics, spend management practices offer companies one of the best, but least known paths to improved profitability. New technologies, especially today’s “on-demand,” web-based solutions are driving the ability for companies to analyze, organize and act upon spend data to eliminate unnecessary costs.
In this webcast, Brian will share research results from his studies on spend management best practices and Software as a Service (SaaS) technology. You’ll learn:
ExpenseWatch.com is a complete Web-based subscription service that gives small and midsized companies comprehensive tools to control and reduce company spending. Customers can automate specific expense areas with best-of-breed modules for Expense Reports, Purchasing and AP Invoice Management. Together the modules provide a fully integrated suite to control company spending. The service provides real-time visibility and embedded controls over how a business spends its money—what’s been paid, and the purchases, invoices and expense reports waiting to be approved or paid.
Because ExpenseWatch.com is made available over the Internet, companies can affordably control and reduce company spending. The intuitive interface reduces the time to implement and increases user adoption of the service. Subscriptions include implementation, training and support for all users and usage analysis. There are no additional hardware or software costs and no hidden charges. Because of the low cost, risks to organizations are minimized.