The Busy Finance Leader’s Round-Up of Spend Management Resources

Managing business spend continues to evolve radically. Economic volatility, market uncertainties, and rapid technological advancements have challenged companies to not only focus more on cost-cutting measures, optimising resources, scalable and adaptable operational capabilities but also to seek opportunities to grow and expand compliantly, sustainably, and profitably.

Is your business seeking a better solution to rise above such pressure? You’re not alone. In fact, according to the Analysys Mason 2022, Travel, Expense, and Supplier Invoice Management Study, 72% of companies are looking to an automated travel and expense (T&E) management solution to better respond to business challenges.

Intrigued?  We’ve compiled a library of resources on the challenges of business spend management, the opportunities ahead, and the best practices and technologies to succeed.

Go ahead. Take a look and explore for free. In our humble opinion, it’s well worth the time.

Resource #1: T&E Predictions for 2024

While no crystal ball exists, there are brilliant people with enough experience to navigate the ups, downs, and unexpected when managing travel expenses, employee expenses, and supplier invoices. Even better, they’re at the forefront of delivering modern, intelligent travel and expense technologies that give the clearest view of what lies ahead. Discover what they’re predicting, why those trends matter, and how you can prepare.

Resource #2: How AI Brings Real Business Solutions

Artificial Intelligence (AI) has entered an era that’s brand-new for everyone. Although it’s easy to see what the technology could mean for compliance, costs, efficiency, and employee frustration, it’s essential to know how to use it to deliver the best possible outcomes. Take the first step toward asking the right questions by reading this white paper.

Resource #3: Little Things That Can Have a Big Impact on Employee Engagement & Business Productivity

One of your most-important responsibilities as a finance leader is removing any obstacles that bog down or frustrate people. And when you do, the payoff is so considerable that employees will reward your entire company with greater employee engagement, productivity, loyalty, and retention – and your leadership team will love you too. Check out the five small changes that can make  a big difference.

Resource #4: Tips for Preparing for the Unexpected

In a seven-country survey, 90% of CFOs and other senior finance managers say their key task is preparing their business for the unexpected. That’s a dramatic shift from traditional responsibilities such as budget managementand cash flow. Find out the latest changes in what’s on finance leaders’ plates and how they’re adjusting.

Resource #5: Top CFO Priorities for 2024

Rather than reporting business finances through a rear-view mirror, modern finance leaders are expected to take a forward-looking approach to help manage the unexpected and uncertainties. It’s a tall order, particularly as their businesses navigate an incredibly turbulent market and economy. Look at the five priorities that can help you drive sustainable financial growth in the years ahead with confidence and optimism.

Resource #6: Building a Future-Ready Finance Skillset

Finance leaders are shifting their focus from cost control, budgeting and profitability to help ensure business agility and adaptability in a rapidly changing market. But do you have the future-ready skills to make that happen efficiently and effectively? It’s okay – we have you covered. Take a deep dive into the skills and learn how to apply them to your finance strategy.

Resource #7: Six Ways to Grow with Spend Management Automation

Adaptability remains the key to business success. Even with expense management automation, many companies end up with disjointed spending workflows across various units, impacting their employee experience, customer attraction, and overall growth. Explore the six spend management scenarios where automation enables outcomes that enhance cost control and expedite adaptation during every market shift and growth phase.

There you have it! 7 spend management automation resources that can help you steer a spend-ready organisation in 2024 and beyond.

Ready to get started? Let us show you how.