The Power of Spend Optimization

January 17, 2022

2 min read

Summary

The newest episode of the Emburse on the Mic podcast reveals how companies can better align their financial stakeholders.

    A common theme we’ve heard from customers and prospects is the need to take a holistic approach to managing spend—especially in a decentralized environment. Success requires finance teams to perform unbiased reviews of current processes and their cross-functional impact. Yet even with crystal-clear challenges, the hardest part is usually deciding where to start.

    In a recent recording of Emburse on The Mic, Katherine Edenbach, Emburse’s Chief Accounting Officer, and Barbara Doane, VP of Product Marketing, discussed a new tool that helps organizations prioritize and plan their digital transformation projects.

    Competing priorities and differing vantage points can make it challenging for any team to align on future states. People in the same group often see their position on the spend optimization spectrum differently because of their unique experiences at work.

    The Emburse Spend Optimization Model cuts through the confusion by aligning stakeholders on the current state of their financial operations and where the most significant opportunity exists. This collaborative process provides project teams with a holistic assessment to chart their path forward.

    Whether your organization has just begun its journey towards optimization, or making progress, listen to learn how the expert third-party support and tailored assessment process set up complex transformation projects for success