Expense Management | Procure to Pay
Spend Analytics
Where the money goes, by policy, category and team.
What it does
Inside Spend Analytics.
Policy is revised from evidence about where it actually fails.
01
Spend by category, team, project, entity and merchant
02
Policy breach rate and justification analysis
03
Approval cycle time by approver and claim type
04
Trend and outlier detection with drill to the claim
Where it sits
Part of Expense Management.
Expense Capture Claim raised from the receipt, coded before it is submitted. Policy Engine Limits and rules evaluated as the claim is created. Approvals Managers review the exceptions, not the compliant majority. Corporate Cards Cards issued with limits, controls and automatic coding. Prepaid Cards Money loaded for a purpose, spent only on that purpose. Reimbursement Approved claims paid in the normal payment run. Wallets A funded balance per purpose, spent by card or by transfer. Travel and Mileage Trips requested and approved before they are booked, journeys priced by rate.
Run Spend Analytics against your books.
A working session on your structure and a month of your documents.