Manage your spending purse with Emburse

Robert Kugel, Ventana Research SVP & Research Director, asserts that by 2025, more than two-thirds of organizations will be using spend management software and corporate cards to achieve greater control and increased efficiency. Read this report to see where he sees Emburse fitting into the future of Finance technology.

This analyst report covers how:

• Spend management is evolving
• Technology has the ability to significantly increase the efficiency with which organizations handle expenditures while simultaneously containing costs, increasing controls and improving visibility into where the money is going
• Automation applied to invoices can substantially increase staff productivity, achieve a higher return on available cash
• Centralizing indirect procurement in one application that records all purchases makes it easier to hold suppliers accountable to volume discount agreements
• Having a single system for expense management and financials can improve the finance department’s strategic potential
• Technology has evolved to the point where executives — especially the chief financial officer — need to take an overarching approach to corporate spend that utilizes technology to tighten controls, deepen visibility into expenditures, increase productivity and reduce process frictions