Exploring Expense Management Software for Better Visibility and Tracking

Description

A lack of expense visibility and control often makes it difficult for finance teams to track trends, identify issues, and enforce policies effectively. Moreover, manual processes often lead to human error, which can range from something as simple as a typo to inaccuracies that affect budgeting, forecasting, and decision-making for the entire organization. If you’re looking for improved trackability of your organization’s spending, receipts, and expenses, intuitive expense management software could help. Join us as we explore the benefits of expense management software with insight from accounting technology companies BILL and Divvy. Benefits of intuitive expense management software: Establish approved spending amounts with spend controls so you know how much employees are spending before it happens. Detailed reporting and the ability for spenders to capture receipts, categorize expenses, and tie them to departments, projects, grants, and programs. A credit line tied to the organization, which means that there are no personal guarantors. Learning Objectives: Discuss the challenges and limitations of traditional, after-the-fact expense reimbursement and spending processes. List the benefits of an expense management system. Identify strategies to better track spending, receipts, and expenses. Presenters: Dustin Wheeler, CPA, Outsourced & Managed Services Senior Manager | Eide Bailly Dustin has been with the firm for over nine years, helping our clients implement technologies that automate and enhance accounting systems, including expense management, accounts payable, workflow, reporting, business intelligence and cash flow forecasting. With a methodical and deliberate approach, Dustin ensures the preparation and communication is sufficient to get a job done right. His broad experience in tax, audit and consulting helps him identify innovative opportunities across service lines and collaborate with the right people. Matthew Henningson, Partner Manager | Divvy Matthew has helped over 1,500 clients sign up for Divvy that have spent over $150M on their corporate cards. He supports 125 accounting firms throughout the country by helping them streamline their accounting processes through technology platforms such as Divvy and BILL. Before Divvy, he worked as the CFO of a startup where he helped raise $3M in equity and debt financing and saw firsthand the pain of traditional expense reports with his employees. Matthew received his bachelor’s in finance from Brigham Young University. Lindsay Wheeler, Director - Strategic Accounts | BILL Lindsay has over 15 years of experience helping firms automate and move to the cloud. Her expertise is in scaling and using SaaS software to build a repeatable system that has accurate, real-time data. By automating the operational tasks, owners have more time to focus on and grow the business they are passionate about. CPE Information CPE Credit: 1 Field of Study: Computer Software & Applications Level of Knowledge: Basic Delivery Method: Group-Internet Based Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding a complaint and/or program cancellation policies, please contact Mye Collins.