Control decentralized spending with a progressive approach
Finance leaders face challenges in managing decentralized spending, which makes up 80% of transactions but often lacks visibility. Limited oversight of employee expenses burdens finance teams with reconciliation tasks, hindering strategic focus.
A progressive finance approach can turn this into an opportunity by empowering employees with spending authority while maintaining control. This ebook explores managing decentralized spend through:
· Aligning budgeting with structure
· Pre-programming rules and workflows
· Delegating payment authority
· Using technology for real-time visibility
Discover how a trust-based finance approach can eliminate surprises and free your team for strategic work.
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