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Business Expense Management

Business Expense Management

Expense management: keeping the corporate wallet in check

Businesses are going global, and opportunities for remote work have mushroomed as ‘work-from-anywhere’ becomes a fast-growing norm. But managing cross-border employee expenses, procurement, and supply chain dynamics has become more complex. Coupled with these developments, the Covid-19 pandemic has tightened purse strings across industries and driven businesses to a cashless, remote-based reality that cannot be managed via legacy, manual expense handling platforms. In a natural evolution, expense management is now a necessity for enterprises, as poor expense control has become a gateway for employee theft, a leading cause of small businesses failing.

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