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Submission: On June 19 via api from US — Scanned from DE
Effective URL: https://www.emburse.com/learn/optimization/optimize-spend
Submission: On June 19 via api from US — Scanned from DE
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Text Content
___ * GET STARTED * Solutions SOLUTIONS YOUR DIGITAL TRANSFORMATION STARTS HERE Emburse Spend Optimization Model Learn More Solutions Manage Expenses Intuitive expense management software and services Automate Purchasing & Accounts Payable Improve cashflow with touchless invoicing Streamline Payments Simple, efficient, transparent ways to send money Drive Insights Turn data into smart dashboards and reports Detect & Audit Technology-assisted human audit Manage Travel Custom, configured, and integrated travel solutions View all solutions Explore By Industry * Products PRODUCTS TECHNOLOGY TAILORED TO YOUR ORGANIZATION Find the best fit Products Chrome River Expense and AP solutions for enterprises and global companies Certify Expense and AP automation for small to mid-size companies Spend Cards and spend management for growing teams Go All-in-one travel companion app for mid-size to large companies Captio Expense for mid-size to large companies in Europe Nexonia Expense and timesheets for small to mid-size organizations Tallie Expense solutions for micro-businesses and accounting firms View all products * Learn LEARN YOU CAN DIGITALLY TRANSFORM FINANCE How optimized are your financial processes? Find out using our Spend Optimization Grader. Get started Resources Insights Industry blog on best practices Content Hub Case studies, whitepapers, and more Events & Webinars Find and register for upcoming events Spend Optimization Plan your digital transformation Partners Enhance every business system Blog Keep up with our latest posts Customer Success Academy Learn to use your Emburse products API & Integrations Custom integration details Support Get help and how to's * Company COMPANY YOUR SUCCESS DRIVES US TO INNOVATE MORE Learn about our values Company About Emburse Humanizing work around the world Mission Focus on what matters most Leadership Guided by empathy and experience Our Brand Guidelines for using our brand Partners Enhance every business system Careers Humanize your career Awards Recognizing industry and customer excellence News & Press News Announcements and press releases Press Media coverage about Emburse * Login * Support * LANGUAGE CA UK IT GET STARTED * * Login * Support * CA UK IT 1. Learn 2. Optimization 3. Optimize Spend FIND AND FINE-TUNE SPEND ACROSS THE ORGANIZATION Spend optimization uses automation at scale to close the gaps that result from outdated processes. Optimizing one, two, or all of your company spend categories will save your organization time and money. See how optimized you are in under 10 minutes Get Started OPTIMIZE SOME OR ALL OF YOUR KEY CORPORATE SPEND CATEGORIES Emburse can help you identify your current optimization stage for each of the six key areas of corporate spend: * Expense management * Travel management * Invoice automation * Payments * Insights and analytics * Compliance and audit WHY MAKE SPEND OPTIMIZATION A TOP PRIORITY? Spend optimization creates measurable change throughout your organization. With powerful technology helping staff get more done in less time, business leaders can more readily meet their strategic goals. FOR CFOS: * Achieve better balance of spend and budgets to inform investments * Reduce your overall operating costs * Improve your spend visibility to make data-backed decisions * Unify your data sources to distill information quickly and easily FOR CONTROLLERS AND FINANCE LEADERS: * Eliminate employee errors and late submissions * Enforce policy compliance automatically while reducing fraud * Improve your overall visibility to help with strategic payment decisions * Ensure vendor payments are processed quickly and accurately FOR EMPLOYEES: * Capture receipts and submit your expenses and invoices while on the go * Utilize virtual, pre-paid, or physical corporate cards * Get reimbursed faster on business expenses * Eliminate time spent on manual or paper-based expense tasks schedule your assessment EMBURSE IS THREE TIMES MORE COST-EFFECTIVE THAN CONCUR, AND WE’VE REDUCED MONTHLY TRANSACTIONAL SPEND BY ABOUT 70% SINCE SWITCHING.” DAWN CONWAY SENIOR BUSINESS ANALYST, BELFOR Humanize work WHAT WOULD YOU RATHER BE DOING? CARLOS WOULD RATHER BE LETTING HIS KIDS WIN. As an AP manager, Carlos is tasked to improve accuracy. Using Emburse has saved him so much time, he never has to miss game night. REBECCA WOULD RATHER BE MOVING THE NEEDLE FOR HER BUSINESS. CFOs are expected to make sound decisions to grow the bottom line. Emburse gives Rebecca the actionable data she needs to help maintain a competitive edge. DEREK WOULD RATHER BE PERFECTING HIS SEAR. CIO Derek doesn’t have to spend time figuring out which employees are carrying SaaS subscriptions on personal credit cards. With the time he saves thanks to Emburse, he can test new recipes for friends. CARLOS WOULD RATHER BE LETTING HIS KIDS WIN. As an AP manager, Carlos is tasked to improve accuracy. Using Emburse has saved him so much time, he never has to miss game night. REBECCA WOULD RATHER BE MOVING THE NEEDLE FOR HER BUSINESS. CFOs are expected to make sound decisions to grow the bottom line. Emburse gives Rebecca the actionable data she needs to help maintain a competitive edge. DEREK WOULD RATHER BE PERFECTING HIS SEAR. CIO Derek doesn’t have to spend time figuring out which employees are carrying SaaS subscriptions on personal credit cards. With the time he saves thanks to Emburse, he can test new recipes for friends. How optimized are you? Find out in less than 10 minutes. Find out SPEND OPTIMIZATION HELPS THE WHOLE ORGANIZATION By optimizing organizational spend, you can: * Solve cash flow and other AP headaches * Simplify travel by giving users one app instead of dozens * Make better strategic decisions with analytics * Improve insights around sustainability and travel-related carbon footprint * Defend against fraud and maintain regulatory compliance * Free up staff time for work that directly impacts business goals * Get the best vendor terms and pricing, including early payment discounts * Eliminate outdated expense reporting with virtual cards EMBURSE SPEND OPTIMIZATION MODEL EMBURSE SPEND OPTIMIZATION MODEL The Emburse Spend Optimization Model outlines your path from painful legacy processes to frictionless spend across four stages of automation: ad hoc, managed, accelerated, and optimized. We can help you navigate your spend optimization journey from any starting point—there’s no need to wait. SPEND OPTIMIZATION PICKS UP RIGHT WHERE SPEND MANAGEMENT ENDS. Where management focuses on processes to keep spend under control, optimization involves creating a scalable, transparent, and strategic view of an organization’s spend. AD HOC Laborious manual processes reduce productivity and don’t provide insight into spend data. * Constant delays * Outdated data * Reactivity * Paper-based, predominantly manual processes * Finance chasing down employees MANAGED Automation begins to drive down operational costs and reduce chaos. * Still lacking complete visibility * Controls are going up * Some automation * Costs are coming down ACCELERATED Spend visibility and control improves as technology is implemented. * Making better, faster decisions * Clean data * Insights from data analytics * Automated systems and processes * Virtual cards and on-time payments OPTIMIZED Digitally-evolved solution stack makes meeting strategic goals easier. * Systematic transformation * Technology and human expertise integrated together * Complete control * Value and ROI maximized Get Started TAKE A DEEPER DIVE 5 REASONS WHY YOU NEED A SPEND OPTIMIZATION STRATEGY STEARNS COUNTY OPTIMIZES SPEND MANAGEMENT WITH EMBURSE 4 THINGS TO KNOW BEFORE YOU BUY A SPEND OPTIMIZATION PLATFORM 94% OF SURVEYED CFOS SAY DIGITAL TRANSFORMATION IS CRITICAL TO THEIR ORGANIZATION’S FUTURE SUCCESS. Are you on the path to optimized spend? Find out for free. Get Started THREE REASONS TO SCHEDULE YOUR ASSESSMENT TODAY Chat with us for insight into how your organization’s current expense management, travel, AP, and more could evolve to deliver future success. Together, we’ll identify: 1. Your organization’s spend maturity 2. Unique challenges that may be impeding organizational success 3. What your desired future state looks like, and how to get there Talk to Emburse MAP YOUR SPEND OPTIMIZATION JOURNEY Contact us today to schedule your free assessment. We’ll walk you through a series of questions to identify potential solutions curated to meet your unique needs. Get Started Solutions * Expense Management * AP & Invoice Management * Emburse Pay Solutions * Emburse Analytics * Emburse Audit * Travel Management Products * Abacus * Captio * Cards * Certify * Chrome River * ExpenseWatch * Go * Nexonia * Spend * SpringAhead * Tallie Learn * Emburse Blog * Emburse Podcast * Events & Webinars * Case Studies & Testimonials * Customer Training * Spend Optimization Other Resources * Partner Programs * Integrations * Pay or manage invoice Company * About * Mission * Leadership * Awards * Careers * News Releases * Press Coverage SOLUTIONS * Expense Management * AP & Invoice Management * Emburse Pay Solutions * Emburse Analytics * Emburse Audit * Travel Management PRODUCTS * Abacus * Captio * Cards * Certify * Chrome River * ExpenseWatch * Go * Nexonia * Spend * SpringAhead * Tallie LEARN * Emburse Blog * Emburse Podcast * Events & Webinars * Case Studies & Testimonials * Customer Training * Spend Optimization OTHER RESOURCES * Partner Programs * Integrations * Pay or manage invoice COMPANY * About * Mission * Leadership * Awards * Careers * News Releases * Press Coverage Support Get support Sales hi@emburse.com Media media@emburse.com Phone +1 877 EMBURSE Contact Us © 2023 Emburse, Inc. All rights reserved. * Privacy Statement * Sitemap WHAT CAN WE HELP YOU FIND? Search About Cookies On This Site We use cookies to personalize and enhance your experience on our site. Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. By using our site, you agree to our use of cookies. DeclineAcceptOptions