Compliance percentages improve as equal scrutiny is applied across the board to all expense reports
Does your organization consistently face issues with travel and expense policy enforcement? You’re not alone.
Corporate expense policies are highly complex and can be a huge headache if not handled effectively and efficiently. No two organizations have the same policy for out-of-pocket expenses and therefore it’s critical to use an automated expense management solution with a highly configurable business rules engine for consistent enforcement of your organization’s expense policy. Without this, any policy is virtually impossible to enforce, and is likely to exist only on a complex spreadsheet.
This whitepaper outlines some of the largest challenges that organizations face when it comes to T&E policy enforcement. The report suggests automating your expense policy via the business rules engine of your expense management solution. The business rules scrutinize all expense reports equally to resolve issues such as non-compliance, employee expense fraud, leakage due to incorrectly categorized spend, as well as low employee morale due to inconsistent policy rules.
Download the whitepaper using the form to the right and investigate solutions to your expense policy enforcement challenges. And when you're ready to learn more, we're here to help. After all, Chrome River lets business flow.
Chrome River provides expense and invoice automation solutions that let business flow for more than 1,000 organizations worldwide. The company’s easy-to-use, enterprise-scale solutions enable future-readiness for its customers. As a result of this focus on innovation, Chrome River is rated as a Leader in expense management by analyst firm IDC. Chrome River’s commitment to delivering a superior customer journey by creating long-term value for its customers, makes it a preferred choice of CFOs, CIOs, AP teams, travel managers and business travelers. Details on Chrome River’s customers can be found on the company’s web site.
More than 2 million business travelers around the world trust Chrome River. To learn more, contact Chrome River at 888-781-0088, or visit chromeriver.com and its social pages on LinkedIn, Facebook, Twitter, and Instagram.
Our firm saved over 1 million dollars in travel expenditures [last year] as a result of implementing the Chrome River Expense Pre-Approval process.
It is taking us just one quarter of the time to manage the expense process as it used to.
Chrome River takes all the guess work out, forces the user to be crystal clear on where they put their money and allows us to effortlessly reimburse them.