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Workforce Spend Sector Gets Busy

PYMNTS

billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. The assortment of dedicated corporate spending products from Emburse (vendor payments, employee expenses and fleet management among them) integrate core features of each brand into a new unified solution.

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Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season

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These systems also drive up administrative costs for companies needing to audit or verify each piece of relevant financial information before it is reported to tax authorities. Digital expense systems that empower quicker and more efficient spend reporting and data consolidation could fix many of these issues, especially as U.S.

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