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The modern finance department is under pressure to identify new ways of doing more with less. As companies increasingly look to travel and entertainment expense management as an opportunity to improve control over spending and to identify labor-saving efficiencies, automation is proving to be an effective solution for businesses large and small. A recent survey of more than 500 CFOs, controllers and accountants reveals the top strategies, trends and technologies U.S. companies are using in 2016 to reduce processing and overhead costs, streamline employees' preparation of expense reports, and gain greater visibility and control over T&E spending.
We invite you to join this Webcast for a discussion of the survey findings, as well as case studies from companies that have successfully employed automation to better manage their expenses.
From this Webcast you will learn about:
What the survey reveals about spending trends by expense category and company size;
The often "hidden" costs associated with preparing and processing expense reports;
Expense management strategies in use by small, midsize and large companies;
Best practices and solutions to improve visibility into, control over and accountability for employees' expenses; and
How automation of expense management has enabled 92% of the companies participating in the survey to achieve a full return on investment in two years or fewer.