Enterprises of all sizes and sectors are grappling with legacy spend management processes. Not only do many of them rely at least partially on pen, paper and spreadsheets to keep track of who owes what to whom and when, but those that use digital tools often use multiple systems at a time. The result is an endless maze of forms, emails and messages that reduce transparency and make it nearly impossible for them to make informed financial decisions.
There is a better way. There are many technologies available that can help these enterprises streamline their operations, with automation being toward the top of the list. These types of innovations have been available for years, but they are seeing renewed interest as more employees than ever work from home and businesses face an ultimatum: innovate or get left behind. In the inaugural Corporate Spend Playbook, PYMNTS examines the…
