Spend management software is the solution for companies that need to gain control over payable invoices, expense reports and organizational purchases. The Expense Reports, Purchasing and Payable Invoice modules from ExpenseWatch.com will help companies manage and control spending, while improving visibility into company spending processes.Online access to spend management software offers flexibility for employees to document and submit company-associated spending from any Internet-connected device. Electronic expense reports and purchase requests can be entered quickly, and submitters can see right away if the spend is within company policy. The automatic controls built into ExpenseWatch.com will assure compliance to these spending policies. This helps in turn to discourage attempts to defraud the company.
Easy access to submitted expense reports, purchase requests and payable invoices allows approvers and managers to assess how company funds are being appropriated and make approval decisions in real-time. This speeds up the reimbursement process for expense submitters, and the order process for requesters of goods and services. All approved spending transactions integrate with an organization’s accounting system, eliminating the need to rekey any information. Expense data is seamlessly integrated with your companies accounting system, eliminating the need to rekey information.