Expense management

Expense Management - The system and/or systems deployed by a business to process, pay, and audit employee-initiated expenses. These costs include, but are not limited to, expenses incurred for travel and entertainment. Expense management includes the policies and procedures which govern such spending, as well as the technologies and services utilized to process and analyze the data associated with it.  Software as a Service providers offer automated Web-based systems managed by a third party to improve the productivity of expense management using effective business process management techniques.
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