Find and fine-tune spend across the organization

Spend optimization uses automation at scale to close the gaps that result from outdated processes. Optimizing one, two, or all of your company spend categories will save your organization time and money.

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Optimize some or all of your key corporate spend categories

Emburse can help you identify your current optimization stage for each of the six key areas of corporate spend:

  • Expense management
  • Travel management
  • Invoice automation
  • Payments
  • Insights and analytics
  • Compliance and audit
Why make spend optimization graphic

Why make spend optimization a top priority?

Spend optimization creates measurable change throughout your organization. With powerful technology helping staff get more done in less time, business leaders can more readily meet their strategic goals.

  • Achieve better balance of spend and budgets to inform investments
  • Reduce your overall operating costs
  • Improve your spend visibility to make data-backed decisions
  • Unify your data sources to distill information quickly and easily
  • Eliminate employee errors and late submissions
  • Enforce policy compliance automatically while reducing fraud
  • Improve your overall visibility to help with strategic payment decisions
  • Ensure vendor payments are processed quickly and accurately
  • Capture receipts and submit your expenses and invoices while on the go
  • Utilize virtual, pre-paid, or physical corporate cards
  • Get reimbursed faster on business expenses
  • Eliminate time spent on manual or paper-based expense tasks

Emburse is three times more cost-effective than Concur, and we’ve reduced monthly transactional spend by about 70% since switching.”

Dawn Conway
Senior Business Analyst, BELFOR

Spend optimization helps the whole organization

By optimizing organizational spend, you can:

  • Solve cash flow and other AP headaches
  • Simplify travel by giving users one app instead of dozens
  • Make better strategic decisions with analytics
  • Improve insights around sustainability and travel-related carbon footprint
  • Defend against fraud and maintain regulatory compliance
  • Free up staff time for work that directly impacts business goals
  • Get the best vendor terms and pricing, including early payment discounts
  • Eliminate outdated expense reporting with virtual cards

Emburse Spend Optimization Model

Emburse Spend Optimization Model

The Emburse Spend Optimization Model outlines your path from painful legacy processes to frictionless spend across four stages of automation: ad hoc, managed, accelerated, and optimized.

We can help you navigate your spend optimization journey from any starting point—there’s no need to wait.

Take a deeper dive

Spend optimization picks up right where spend management ends.

Where management focuses on processes to keep spend under control, optimization involves creating a scalable, transparent, and strategic view of an organization’s spend. 

Ad hoc

Laborious manual processes reduce productivity and don’t provide insight into spend data.

  • Constant delays
  • Outdated data 
  • Reactivity
  • Paper-based, predominantly manual processes
  • Finance chasing down employees

Managed

Automation begins to drive down operational costs and reduce chaos.

  • Still lacking complete visibility
  • Controls are going up
  • Some automation
  • Costs are coming down

Accelerated

Spend visibility and control improves as technology is implemented.

  • Making better, faster decisions
  • Clean data
  • Insights from data analytics
  • Automated systems and processes
  • Virtual cards and on-time payments

Optimized

Digitally-evolved solution stack makes meeting strategic goals easier.

  • Systematic transformation
  • Technology and human expertise integrated together
  • Complete control
  • Value and ROI maximized

94% of surveyed CFOs say digital transformation is critical to their organization’s future success.

Are you on the path to optimized spend? Find out for free.

Three reasons to schedule your assessment today

Chat with us for insight into how your organization’s current expense management, travel, AP, and more could evolve to deliver future success. 

Together, we’ll identify:

  1. Your organization’s spend maturity
  2. Unique challenges that may be impeding organizational success
  3. What your desired future state looks like, and how to get there