Expense management software provides visibility into the claims made by your employees, and helps your finance team monitor cash flow. It can also provide reports that show how much money has been spent and whether expenses are within your company's policies. With an expense management system, you can easily provide this documentation to auditors for proof of compliance. Spreadsheets don't integrate remotely with other systems, and they can create data silos. Unlike expense management software, spreadsheets can be used for other back office operations, such as accounting and HR.
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