But the political and economic uncertainty around Brexit is adding pressure. What’s next, how should businesses prepare and what should you prioritise? It’s easy to think a “wait and see” approach is the wisest, but it might just be the best time to fix slow processes so you’ll be ready for whatever is thrown your way. And getting greater visibility of spend through improved processes, joined up data and clear reporting can give you the crucial control you need today over your cash flow.
What’s stopping control over cash flow?
We talk to many companies of all sizes that still rely on paper-based processes to manage important finance tasks like expenses and invoices. The problem with that is the time it takes, the mistakes that crop up, duplication, fraud… the list is endless. But ultimately it all adds up to lots of money – and little control. After all, you can only control what you can see. So how can you increase visibility and control over spend while making processes quicker and easier for employees?
Here are three tips that may help:
That’s just three tips. To find out more on the ways you can get greater control using the Concur expense system call us on +44 (0)203 866 8800, or watch our recent webinar recording, ‘Taking the Pain Out of Employee Expenses’:
N.B. this blog post was originally published on the Concur website in April 2017.