What is Expense Management? Expense management refers to the process of setting up policies for employees travel and entertainment expenses, setting up processes for reimbursing employees and then having greater visibility to control travel and entertainment expenses for the whole company. Why Expense Management is important? T&E (Travel and entertainment) expenses is often a big […]
Tag Archives: Cost reduction
Cost Savings Infographics
Here are the top 4 strategies leveraged by CFO’s to reduce cost and implement a strategic cost control mechanism. Cost Savings Infographic by ProcureDesk Learn how ProcureDesk can help you reduce cost through purchasing automation. [maxbutton id=”1″ ]
Lowering operating costs in 2019 – Strategies for mid-market companies CFO’s
Lowering operating costs shouldn’t only be CFO’s (Chief Financial officer) job. Unfortunately, in most companies, that turns out to be CFO’s main priority given the corporate mandate. But for the savings to stick, CFO’s need to have cost reduction as a repeatable and sustainable process. We urge CFO’s to view cost reduction and especially operating […]