The manual process of using spreadsheets for managing expenses has had its advantages, especially before the rise of automated cloud-based expense management software. For many companies, the time, costs, and risk of inaccuracy in the spreadsheet method can lead to the decision to switch.
This e-book outlines 6 key steps to follow to make as efficient and cost-effective a transition as possible. The first step is identifying the problems with an enterprise’s current expense management system, by asking questions such as: How much time does a company spend on expense reports? Are there any policy compliance issues within the organization?
Other steps in the expense management selection process include identifying the enterprise’s specific requirements, assessing potential vendors, building a business case for your software switch, implementing the solution, and getting the most out of the cost and operation benefits of the expense management switch.
Read more in this comprehensive guide to help you switch from spreadsheets to automated expense management software.
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