Guide: Best Practices For Modern Spend Management By Jonah Balfour Managing expenses is crucial to the success of any business. The term “spend management” refers to the process of controlling and optimizing the money that a company spends. This topic has become increasingly important as new paradigms and platforms emerge to help companies manage their expenses. However, finance professionals often face challenges in keeping track of the company’s spending and other expenses, which can be time-consuming and laborious. Moreover, finance teams play a crucial role in providing the resources that the rest of the organization needs to function. They are responsible for finding strategic opportunities to reduce costs and help the company grow. To help businesses manage their spending more efficiently, new tools and resources are emerging. Our “Best Practices For Modern Spend Management” Guide provides an overview of modern spend management practices and covers the challenges that businesses face. It also introduces new tools and technologies that can help companies automate manual processes and save time and money in the long run. By reading our guide, you will learn: How payment pathways and approval workflows typically operate on a corporate level How to eliminate time-consuming manual processes that impede efficiency and cause friction for employees How modern spend management is evolving to embrace automation, provide visibility and insights, and help companies make smarter financial decisions If you’re ready to optimize your corporate spend and start saving time and money, download our “Best Practices For Modern Spend Management” Guide now. Download the guide through the form and enjoy your reading!
