15.8 per cent of companies gave transparency as their overriding reason for their use. As well as the reasons for
employing such systems, we asked those in our survey what features matter most to them. The most important for an expense management system is considered to be pre-population of transaction data from the organisation’s corporate card programme, cited by around three quarters of those surveyed. A similar proportion believed that a system should be able to handle
In association with
sophisticated policy management as standard. Despite being a relatively recent innovation, just fewer than two- thirds of organisations felt that receipt imaging was a must-have feature.
CARD PROGRAMMES As well as expense management systems, we asked organisations in our survey whether they had a formal corporate card programme and, if so, which one they used. One in five of those companies
and organisations polled said they did not have a corporate
MOST IMPORTANT REASON FOR USING EXPENSE MANAGEMENT TOOLS
10% 16% 37%
21% 5%
11%
Reduce fraud Monitor compliance to expenses policy Regulatory/transparency reasons
Reduce T&E spend
Faster reimbursement of expenses Reduce claim processing costs