Allianz Partners Decreased Expense Report Review Times by 90%
Welcome to The River!
Are you evaluating strategies to gain operational efficiency? Look no further than your out-of date expense management workflows. Despite all of the capabilities in business automation, over 40% of organizations still engage in painful, manual expense management processes that waste resources, slow them down, and hurt spend visibility. There doesn't have to be a collective groan from your business travelers and finance team when it's time to do expense reports.
Don't miss this Proformative case study webinar to learn how Allianz Partners leveraged Chrome River's automated expense solution to create immediate and lasting impact, including streamlining a weekly task that used to take the finance team eight hours down to 20 minutes.
Does this sound familiar? Allianz was "using Excel spreadsheets with pages of receipts attached," followed by "basically an eyeball check...AP would spend nearly a whole day per week manually validating and keying expense reports" explains Accounting Operations Analyst Steve Watson.Simply by injecting an automated expense management app into the process to enforce their policies, Allianz was able to:
- eliminate the burden of paper reports and receipts,
- reduce expense code errors and non-compliant submissions,
- save time for business travelers and the finance team by limiting manual data entry,
- reduce friction by enabling straightforward submission and approval through mobile app or email,
- speed up expense submission, routing, approval, and reimbursement,
- lower the cost of reviewing and processing reports,
- increase visibility into cash flow.
Be sure to share this webinar recording with your colleagues to learn about the possibilities and you'll come back saying Take Me to The River.
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.