In today's global economy, expense management has taken on an ever increasing strategic importance in achieving bottom line growth in corporations. While most businesses have policies and procedures in place to conduct these business tasks, the overall productivity and operating income results are often not fully realized due to a singular focus (expense processing) along the accounting continuum. Best in class enterprises recognize the importance of managing their expenses with a comprehensive view of all the steps in the process including full visibility to each project and its respective interdependencies on People, Processes, Technologies, and Data.
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