Expenses & Spend Management Software

Expenses management describes a business’ use of web based solutions to manage the expenses process, by which expense claims are populated with expenses data, approved by line managers and employees and posted to an organisation’s financial accounts.

Expenses management solutions are typically delivered by the ‘Software-as-a-Service’ (SaaS) model, allowing claims to be entered and processed using any internet browser.

Once submitted, claims flow through an approval workflow and are processed by the company’s accounts team, before the data is posted to the customer's accounting software and other systems. Comprehensive reports provide expenses data for management information purposes.

Expenses management can be expected to deliver cost savings by reducing travel and entertainment expenses through policy rules and reminders and by dramatically reducing the costs of processing expense claims for your business.