Comprehensive

Developing a comprehensive operating expense control system for small and midsized businesses is what we do all day, every day. By operating expense control, we mean an end-to-end approach to expense control that provides real-time visibility into all your financial data and processes in one seamless user experience.

This is accomplished through three ExpenseWatch.com modules—Expense Reports, Purchasing and AP Invoice Management. Each module offers a complete stand-alone solution and fully integrates in one comprehensive Web-based system. No matter where you are in a transaction life-cycle, you can be assured that you have complete visibility into all spend.

In addition to providing one comprehensive window into spend, automation with Expensewatch.com streamlines company expense management in many ways.

Policy enforcement

ExpenseWatch.com enables you to completely automate your spending policy and enforce it at the transaction level. You can create custom spending categories for every area of your business, then define limits, required attributes and acceptable tolerance levels for those categories. Exceptions to company policy are flagged providing employees and their managers visibility before spend occurs.

Accountability

ExpenseWatch.com enables you to build your financial policy directly into the system. You create a clear, configurable hierarchy of authority governed by the internal controls you establish. This creates auditable, automated policy enforcement that increases accountability at every level in the approval chain.

Flexibility

Controlling a business today requires flexibility without compromising compliance. That is why ExpenseWatch.com is designed to be completely scaleable and configurable while maintaining all controls necessary to show compliance.

As a subscription-based service, ExpenseWatch.com grows with your business. It’s easy to add licenses, change your approval chains and update your spending policies. And with key features like user-defined per diem functionality, multicurrency, line-item allocation and custom T&E expense reporting, ExpenseWatch.com can easily accommodate any business structure. Changes to your system can be made without interruptions to your daily business workflow or impact on your internal IT staff.

Self-service & ease of use

At ExpenseWatch.com, we know that the more intuitive our product is, the more your employees will use it. Our high adoption and usage rates are testaments to our attention to user-centered design.

What this means for you

ExpenseWatch.com easily integrates into your workflows, providing an intuitive user experience, while lowering your total cost of doing business.

• Employees submit expense documents faster and with fewer errors
• Managers can make informed business decisions based upon real-time information available with a few mouse clicks—no more time-wasting inquiries to the finance department
• Policy enforcement is pushed out to the entire organization
• Auditors get real-time information, dramatically reducing the cost of audits

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