[{"data":1,"prerenderedAt":3565},["ShallowReactive",2],{"en-blog/expense-automation":3,"en-global-content":1017,"en-article-global-content":2433,"en-blog-article-more-articles-850961c4-ad89-4a0e-9294-8ac179da7176":2692,"en-blog-article-more-articles-208735305":3560},{"name":4,"created_at":5,"published_at":6,"updated_at":7,"id":8,"uuid":9,"content":10,"slug":1005,"full_slug":1006,"sort_by_date":52,"position":1007,"tag_list":1008,"is_startpage":26,"parent_id":1009,"meta_data":52,"group_id":1010,"first_published_at":1011,"release_id":52,"lang":70,"path":52,"alternates":1012,"default_full_slug":1006,"translated_slugs":1013},"Expense automation: How to automate expense reports and approvals","2022-10-24T15:56:10.202Z","2026-03-06T15:15:24.672Z","2026-03-06T15:15:24.696Z",208735305,"079ff6df-3317-4964-a599-6cecb4f58707",{"_uid":11,"roles":12,"title":4,"author":13,"topics":79,"content":102,"noIndex":26,"category":939,"language":964,"component":952,"heroMedia":965,"sidebarCta":971,"publishedAt":1000,"readingTime":1001,"redirectUrl":24,"listingImage":1002,"metaDescription":1003,"bottomArticleCta":1004},"c57e3cd5-8c09-4ce5-a074-5ed91d3e47c1",[],{"name":14,"created_at":15,"published_at":16,"updated_at":17,"id":18,"uuid":19,"content":20,"slug":63,"full_slug":64,"sort_by_date":52,"position":65,"tag_list":66,"is_startpage":26,"parent_id":67,"meta_data":52,"group_id":68,"first_published_at":69,"release_id":52,"lang":70,"path":52,"alternates":71,"default_full_slug":64,"translated_slugs":72,"_stopResolving":38},"Chris Dunne","2024-11-25T19:47:17.907Z","2026-02-05T10:37:13.524Z","2026-02-05T10:37:13.535Z",584506034,"ced1d806-6e64-42d6-8b0f-d708ebbdbbfa",{"_uid":21,"links":22,"picture":39,"lastName":43,"component":44,"firstName":45,"description":46},"88e4340f-e2bc-42fe-a8f0-79dafdd55f97",[23],{"tag":24,"_uid":25,"hide":26,"icon":27,"link":32,"type":24,"label":24,"style":36,"component":37,"mobileLabel":24,"onClickEvent":24,"openInANewTab":38,"horizontalFill":26},"","74ed5df6-6607-44c9-8870-23a2db0b8f4a",false,{"id":28,"alt":24,"name":24,"focus":24,"title":24,"source":24,"filename":29,"copyright":24,"fieldtype":30,"meta_data":31,"is_external_url":26},4129791,"https://a.storyblok.com/f/146026/x/315bd7d0c7/ic_linkedin.svg","asset",{},{"id":24,"url":33,"linktype":34,"fieldtype":35,"cached_url":33},"https://www.linkedin.com/in/chrisdunne4/","url","multilink","primary","cta",true,{"id":40,"alt":24,"name":24,"focus":24,"title":24,"source":24,"filename":41,"copyright":24,"fieldtype":30,"meta_data":42,"is_external_url":26},18695910,"https://a.storyblok.com/f/146026/349x349/9150c24a43/chris-dunne.jpg",{},"Dunne","author","Chris",{"type":47,"content":48},"doc",[49],{"type":50,"attrs":51,"content":54},"paragraph",{"textAlign":52,"key":53},null,"p-0",[55],{"text":56,"type":57,"marks":58},"Chris Dunne is our Senior Content Marketing Manager. Based in Derry, he brings over 15 years of marketing experience to our content strategy. Outside of work, Chris loves spending time with his two young children, playing football, and exploring Ireland. ","text",[59],{"type":60,"attrs":61},"textStyle",{"color":62},"#3D3929","chris-dunne","blog/author/chris-dunne",-1140,[],176408854,"62a23d5f-cd56-4dee-91e3-5642f66fa78c","2024-11-25T20:08:58.249Z","default",[],[73,75,77],{"path":64,"name":52,"lang":74,"published":52},"fr",{"path":64,"name":52,"lang":76,"published":52},"de",{"path":64,"name":52,"lang":78,"published":52},"es",[80],{"name":81,"created_at":82,"published_at":83,"updated_at":84,"id":85,"uuid":86,"content":87,"slug":90,"full_slug":91,"sort_by_date":52,"position":92,"tag_list":93,"is_startpage":26,"parent_id":94,"meta_data":52,"group_id":95,"first_published_at":96,"release_id":52,"lang":70,"path":52,"alternates":97,"default_full_slug":91,"translated_slugs":98,"_stopResolving":38},"Expense management","2022-10-19T17:57:51.580Z","2022-11-04T13:36:49.000Z","2022-11-02T15:24:53.500Z",206171408,"850961c4-ad89-4a0e-9294-8ac179da7176",{"_uid":88,"name":81,"component":89},"1d1a3e21-352f-4cb9-aa7b-7c289d6480be","tag","expense-management","blog/topic/expense-management",-120,[],176456153,"3eab4956-fb03-4f41-b5a2-7a537d9ab106","2022-11-02T15:24:53.472Z",[],[99,100,101],{"path":91,"name":52,"lang":74,"published":52},{"path":91,"name":52,"lang":76,"published":52},{"path":91,"name":52,"lang":78,"published":52},{"type":47,"content":103},[104,120,130,140,150,156,169,178,185,206,212,248,254,260,265,277,283,354,374,381,386,391,396,402,418,441,446,457,467,472,477,501,512,517,536,541,546,551,639,644,649,667,672,738,744,749,755,765,770,794,800,812,818,823,829,835,855,869,874,886,892,898,903,916,931,934],{"type":50,"attrs":105,"content":106},{"textAlign":52,"key":53},[107,112,114,118],{"text":108,"type":57,"marks":109},"Nobody likes expense reports",[110],{"type":111},"bold",{"text":113,"type":57},". ",{"text":115,"type":57,"marks":116},"Not the average employee",[117],{"type":111},{"text":119,"type":57},", who has to spend hours at the end of the month finding receipts and checking credit card bills.",{"type":50,"attrs":121,"content":123},{"textAlign":52,"key":122},"p-1",[124,128],{"text":125,"type":57,"marks":126},"Not the finance team",[127],{"type":111},{"text":129,"type":57},", who has to chase up those same employees for proofs of purchase and manually enter hundreds of lines in a spreadsheet.",{"type":50,"attrs":131,"content":133},{"textAlign":52,"key":132},"p-2",[134,138],{"text":135,"type":57,"marks":136},"Not the CFO",[137],{"type":111},{"text":139,"type":57},", who thought the budget was all under control until thousands of pounds suddenly had to be accounted for.",{"type":50,"attrs":141,"content":143},{"textAlign":52,"key":142},"p-3",[144,148],{"text":145,"type":57,"marks":146},"And not the accountant",[147],{"type":111},{"text":149,"type":57},", who just needs everything done properly and can’t understand why the codes are a mess.",{"type":50,"attrs":151,"content":153},{"textAlign":52,"key":152},"p-4",[154],{"text":155,"type":57},"Expense reports are a hassle. But sometimes, you just can’t avoid them. If your employees ever need to pay out of their own pocket, you’re legally obliged to pay them back. And to do this, they have to file a boring old report.",{"type":50,"attrs":157,"content":159},{"textAlign":52,"key":158},"p-5",[160,162,167],{"text":161,"type":57},"But there ",{"text":163,"type":57,"marks":164},"are",[165],{"type":166},"italic",{"text":168,"type":57}," ways to make this process less painful. Let's see how expense automation can help your business.",{"type":170,"attrs":171},"blok",{"id":172,"body":173},"0951d4c5-b5f6-4982-9c20-fb04f8c21de2",[174],{"_uid":175,"html":176,"component":177},"i-6445c73a-d388-480a-92fc-182efafe1b0d","\u003C!--HubSpot Call-to-Action Code -->\u003Cspan class=\"hs-cta-wrapper\" id=\"hs-cta-wrapper-611be7d5-74ab-4ee5-b76b-3a056a11abf3\">\u003Cspan class=\"hs-cta-node hs-cta-611be7d5-74ab-4ee5-b76b-3a056a11abf3\" id=\"hs-cta-611be7d5-74ab-4ee5-b76b-3a056a11abf3\">\u003C!--[if lte IE 8]>\u003Cdiv id=\"hs-cta-ie-element\">\u003C/div>\u003C![endif]-->\u003Ca href=\"https://cta-redirect.hubspot.com/cta/redirect/2694209/611be7d5-74ab-4ee5-b76b-3a056a11abf3\" >\u003Cimg class=\"hs-cta-img\" id=\"hs-cta-img-611be7d5-74ab-4ee5-b76b-3a056a11abf3\" style=\"border-width:0px;\" src=\"https://no-cache.hubspot.com/cta/default/2694209/611be7d5-74ab-4ee5-b76b-3a056a11abf3.png\"  alt=\"New call-to-action\"/>\u003C/a>\u003C/span>\u003Cscript charset=\"utf-8\" src=\"https://js.hscta.net/cta/current.js\">\u003C/script>\u003Cscript type=\"text/javascript\"> hbspt.cta.load(2694209, '611be7d5-74ab-4ee5-b76b-3a056a11abf3', {\"useNewLoader\":\"true\",\"region\":\"na1\"}); \u003C/script>\u003C/span>\u003C!-- end HubSpot Call-to-Action Code -->","embed",{"type":179,"attrs":180,"content":182},"heading",{"level":181,"textAlign":52},2,[183],{"text":184,"type":57},"Why we still use expense reports",{"type":50,"attrs":186,"content":188},{"textAlign":52,"key":187},"p-6",[189,191,198,200,204],{"text":190,"type":57},"If you’ve got prepaid and ",{"text":192,"type":57,"marks":193},"virtual cards",[194],{"type":195,"attrs":196},"link",{"href":197,"uuid":52,"anchor":52,"target":52,"linktype":34},"https://www.spendesk.com/en/virtual-cards-video/?__hstc=45788219.6a2274d03fc34bb8f2b9f7494c03249e.1641294446226.1641294446226.1641294446226.1&__hssc=45788219.1.1641294446226&__hsfp=274283046",{"text":199,"type":57},", ",{"text":201,"type":57,"marks":202},"your employees should almost never have to make work payments with their own money",[203],{"type":111},{"text":205,"type":57},". Which is the way it should be.",{"type":50,"attrs":207,"content":209},{"textAlign":52,"key":208},"p-7",[210],{"text":211,"type":57},"But of course, there are exceptions. These include:",{"type":213,"content":214},"bullet_list",[215,224,232,240],{"type":216,"content":217},"list_item",[218],{"type":50,"attrs":219,"content":221},{"textAlign":52,"key":220},"p-8",[222],{"text":223,"type":57},"When a particular employee doesn’t have access to a company card",{"type":216,"content":225},[226],{"type":50,"attrs":227,"content":229},{"textAlign":52,"key":228},"p-9",[230],{"text":231,"type":57},"If a team member loses or forgets their card",{"type":216,"content":233},[234],{"type":50,"attrs":235,"content":237},{"textAlign":52,"key":236},"p-10",[238],{"text":239,"type":57},"When a merchant doesn’t accept certain forms of payment or only takes cash",{"type":216,"content":241},[242],{"type":50,"attrs":243,"content":245},{"textAlign":52,"key":244},"p-11",[246],{"text":247,"type":57},"When the card fails",{"type":50,"attrs":249,"content":251},{"textAlign":52,"key":250},"p-12",[252],{"text":253,"type":57},"No matter how hard you try, your team members will be in one of these situations from time to time.",{"type":50,"attrs":255,"content":257},{"textAlign":52,"key":256},"p-13",[258],{"text":259,"type":57},"When your team members find themselves paying with their own money, the last thing you want is to then make the experience worse with slow paperwork. Let's try to make the best of a bad situation.",{"type":179,"attrs":261,"content":262},{"level":181,"textAlign":52},[263],{"text":264,"type":57},"What is expense automation?",{"type":50,"attrs":266,"content":268},{"textAlign":52,"key":267},"p-14",[269,271,275],{"text":270,"type":57},"Expense automation lets you ",{"text":272,"type":57,"marks":273},"eliminate the most painful aspects of filing and processing expense reports",[274],{"type":111},{"text":276,"type":57},". It replaces the paper or Excel claims that most employees know too well, typically with a spend management app that walks the user through each claim.",{"type":50,"attrs":278,"content":280},{"textAlign":52,"key":279},"p-15",[281],{"text":282,"type":57},"While this could come in many different shapes and sizes, good automation follows a classic structure:",{"type":284,"attrs":285,"content":288},"ordered_list",{"order":286,"key":287},1,"ol-0",[289,297,305,313,321,338,346],{"type":216,"content":290},[291],{"type":50,"attrs":292,"content":294},{"textAlign":52,"key":293},"p-16",[295],{"text":296,"type":57},"The employee spends their own money on a business expense.",{"type":216,"content":298},[299],{"type":50,"attrs":300,"content":302},{"textAlign":52,"key":301},"p-17",[303],{"text":304,"type":57},"They immediately log this expense in their automation tool. A mobile app is best, because they'll always have it with them.",{"type":216,"content":306},[307],{"type":50,"attrs":308,"content":310},{"textAlign":52,"key":309},"p-18",[311],{"text":312,"type":57},"They take a photo of their receipt and attach it within the app (before it can get lost). They check the details and submit the claim.",{"type":216,"content":314},[315],{"type":50,"attrs":316,"content":318},{"textAlign":52,"key":317},"p-19",[319],{"text":320,"type":57},"Their manager is notified immediately and can approve (or deny) the new expense.",{"type":216,"content":322},[323],{"type":50,"attrs":324,"content":326},{"textAlign":52,"key":325},"p-20",[327,329,336],{"text":328,"type":57},"If approved, it's sent to the ",{"text":330,"type":57,"marks":331},"financial controller",[332],{"type":195,"attrs":333},{"href":334,"uuid":52,"anchor":52,"target":335,"linktype":34},"https://www.spendesk.com/en-eu/blog/what-is-a-financial-controller/","_self",{"text":337,"type":57},". They can choose to approve it immediately, or wait until they have a batch.",{"type":216,"content":339},[340],{"type":50,"attrs":341,"content":343},{"textAlign":52,"key":342},"p-21",[344],{"text":345,"type":57},"The controller simply checks that the details look correct and match the receipt, and then can process it in a click. There's nothing to add, and no data entry needed.",{"type":216,"content":347},[348],{"type":50,"attrs":349,"content":351},{"textAlign":52,"key":350},"p-22",[352],{"text":353,"type":57},"Either immediately or at the end of the month, all processed claims are sent to the company's accounting tools, and the employee is reimbursed.",{"type":50,"attrs":355,"content":357},{"textAlign":52,"key":356},"p-23",[358,360,372],{"text":359,"type":57},"All in all, it's a very straightforward system. No data entry for your finance team, and no need for ",{"text":361,"type":57,"marks":362},"complex expense policies",[363],{"type":195,"attrs":364},{"href":365,"uuid":366,"anchor":52,"target":52,"linktype":367,"story":368},"expense-policy-guide","4a84f287-5289-4327-8d93-7fb2a67dae5e","story",{"name":369,"id":370,"uuid":366,"slug":365,"url":371,"full_slug":371,"_stopResolving":38},"Company expense policy: A guide for modern businesses",208735308,"blog/expense-policy-guide",{"text":373,"type":57},". The tool ensures that everybody spends how they're supposed to, and keeps errors to a minimum.",{"type":170,"attrs":375},{"id":376,"body":377},"1ba16aed-84be-4b96-96a6-95b11584a68f",[378],{"_uid":379,"html":380,"component":177},"i-c99e40ff-16c7-45c4-a5cd-d59c656e74b0","\u003C!--HubSpot Call-to-Action Code -->\u003Cspan class=\"hs-cta-wrapper\" id=\"hs-cta-wrapper-a28348d3-eead-402a-8d2d-807db1c39db4\">\u003Cspan class=\"hs-cta-node hs-cta-a28348d3-eead-402a-8d2d-807db1c39db4\" id=\"hs-cta-a28348d3-eead-402a-8d2d-807db1c39db4\">\u003C!--[if lte IE 8]>\u003Cdiv id=\"hs-cta-ie-element\">\u003C/div>\u003C![endif]-->\u003Ca href=\"https://cta-redirect.hubspot.com/cta/redirect/2694209/a28348d3-eead-402a-8d2d-807db1c39db4\" >\u003Cimg class=\"hs-cta-img\" id=\"hs-cta-img-a28348d3-eead-402a-8d2d-807db1c39db4\" style=\"border-width:0px;\" src=\"https://no-cache.hubspot.com/cta/default/2694209/a28348d3-eead-402a-8d2d-807db1c39db4.png\"  alt=\"New call-to-action\"/>\u003C/a>\u003C/span>\u003Cscript charset=\"utf-8\" src=\"https://js.hscta.net/cta/current.js\">\u003C/script>\u003Cscript type=\"text/javascript\"> hbspt.cta.load(2694209, 'a28348d3-eead-402a-8d2d-807db1c39db4', {\"useNewLoader\":\"true\",\"region\":\"na1\"}); \u003C/script>\u003C/span>\u003C!-- end HubSpot Call-to-Action Code -->",{"type":179,"attrs":382,"content":383},{"level":181,"textAlign":52},[384],{"text":385,"type":57},"Why automated expenses reports are so exciting",{"type":50,"attrs":387,"content":388},{"textAlign":52,"key":53},[389],{"text":390,"type":57},"Few business processes are more disappointing than expense reports. We ask employees to pay with their own money, then effectively punish them further with paperwork just to get their money back.",{"type":50,"attrs":392,"content":393},{"textAlign":52,"key":122},[394],{"text":395,"type":57},"And worse, this paperwork then lands on their manager's desk, the finance team's too, and the accountant's.",{"type":179,"attrs":397,"content":399},{"level":398,"textAlign":52},3,[400],{"text":401,"type":57},"Fewer errors",{"type":50,"attrs":403,"content":404},{"textAlign":52,"key":132},[405,416],{"text":406,"type":57,"marks":407},"20% of expense reports are filed incorrectly",[408],{"type":195,"attrs":409},{"href":410,"uuid":411,"anchor":52,"target":52,"linktype":367,"story":412},"expense-report-process","9b42b8b7-e924-4563-b9fb-c2a622c1dfa6",{"name":413,"id":414,"uuid":411,"slug":410,"url":415,"full_slug":415,"_stopResolving":38},"17 ways the expense report process hurts your business",208785651,"blog/expense-report-process",{"text":417,"type":57},". These errors add up, and can become a serious time drain for your teams. And that assumes you catch these mistakes in the first place.",{"type":50,"attrs":419,"content":420},{"textAlign":52,"key":142},[421,423,435,439],{"text":422,"type":57},"Because automation tools walk employees through claims step by step, it's far more difficult for errors to slip through. And these tools come with ",{"text":424,"type":57,"marks":425},"OCR technology",[426,434],{"type":195,"attrs":427},{"href":428,"uuid":429,"anchor":52,"target":52,"linktype":367,"story":430},"ocr-software-solutions","ca5db597-b454-4c86-928e-6c9bdee8f3e1",{"name":431,"id":432,"uuid":429,"slug":428,"url":433,"full_slug":433,"_stopResolving":38},"OCR software: six great free and paid solutions",208735278,"blog/ocr-software-solutions",{"type":111},{"text":436,"type":57,"marks":437}," that reads receipts for you and ensures they match the claim",[438],{"type":111},{"text":440,"type":57},".",{"type":179,"attrs":442,"content":443},{"level":398,"textAlign":52},[444],{"text":445,"type":57},"Fast to file...",{"type":50,"attrs":447,"content":448},{"textAlign":52,"key":152},[449,451,455],{"text":450,"type":57},"Even assuming that every expense report is perfect, ",{"text":452,"type":57,"marks":453},"they still take far too long to submit.",[454],{"type":111},{"text":456,"type":57}," Team members have to find the report template, fill it out row-by-row, track down their receipts, cross-check every detail, and figure out the right person to send it to.",{"type":50,"attrs":458,"content":459},{"textAlign":52,"key":158},[460,462,466],{"text":461,"type":57},"Which is made worse by the fact that ",{"text":463,"type":57,"marks":464},"they really don't want to do all this",[465],{"type":166},{"text":440,"type":57},{"type":50,"attrs":468,"content":469},{"textAlign":52,"key":187},[470],{"text":471,"type":57},"With automation, they simply note each expense the moment it happens, and their work is done.",{"type":179,"attrs":473,"content":474},{"level":398,"textAlign":52},[475],{"text":476,"type":57},"...and even faster to process",{"type":50,"attrs":478,"content":479},{"textAlign":52,"key":208},[480,482,493,495,499],{"text":481,"type":57},"Paperwork is every finance team's worst enemy. The pile builds every month until the dreaded \"",{"text":483,"type":57,"marks":484},"closing time",[485],{"type":195,"attrs":486},{"href":487,"uuid":488,"anchor":52,"target":52,"linktype":367,"story":489},"financial-close-process","2588d18c-c4af-45b4-8e59-dafb0e849785",{"name":490,"id":491,"uuid":488,"slug":487,"url":492,"full_slug":492,"_stopResolving":38},"Financial close process: why it's broken and how to fix it",208784223,"blog/financial-close-process",{"text":494,"type":57},",\" which is usually ",{"text":496,"type":57,"marks":497},"days",[498],{"type":166},{"text":500,"type":57}," of painful data entry and fixing errors.",{"type":50,"attrs":502,"content":503},{"textAlign":52,"key":220},[504,506,510],{"text":505,"type":57},"But ",{"text":507,"type":57,"marks":508},"automation removes the paper altogether",[509],{"type":111},{"text":511,"type":57},". It also removes unnecessary spreadsheets and duplicate work. Every claim is already in the system, ready to be approved (or not) by the financial controller.",{"type":179,"attrs":513,"content":514},{"level":398,"textAlign":52},[515],{"text":516,"type":57},"Works in real time",{"type":50,"attrs":518,"content":519},{"textAlign":52,"key":228},[520,522,528,530,534],{"text":521,"type":57},"One of the most common complaints from CFOs and finance leaders is the lack of visibility over company spending. In fact, ",{"text":523,"type":57,"marks":524},"57% of companies have this problem",[525],{"type":195,"attrs":526},{"href":410,"uuid":411,"anchor":52,"target":52,"linktype":367,"story":527},{"name":413,"id":414,"uuid":411,"slug":410,"url":415,"full_slug":415,"_stopResolving":38},{"text":529,"type":57},". And much of this comes from ",{"text":531,"type":57,"marks":532},"the asynchronous nature of expense claims",[533],{"type":111},{"text":535,"type":57}," - you don't know what you've spent until the claims arrive.",{"type":50,"attrs":537,"content":538},{"textAlign":52,"key":236},[539],{"text":540,"type":57},"Since automation tools let employees submit expenses in real time, finance teams always know what's been spent. Which makes budgeting and forecasting more responsive and more accurate.",{"type":179,"attrs":542,"content":543},{"level":181,"textAlign":52},[544],{"text":545,"type":57},"Keys to good expense automation",{"type":50,"attrs":547,"content":548},{"textAlign":52,"key":244},[549],{"text":550,"type":57},"The process above is smooth and straightforward with the right tools in place. So if you're implementing automation in your own company, what should you look for?",{"type":213,"content":552},[553,576,587,598,615],{"type":216,"content":554},[555],{"type":50,"attrs":556,"content":557},{"textAlign":52,"key":250},[558,562,564,570,572,574],{"text":559,"type":57,"marks":560},"Simple set-up",[561],{"type":111},{"text":563,"type":57},". This is always a balancing act, and depends on the size of your company. Some ",{"text":565,"type":57,"marks":566},"expense management software",[567],{"type":195,"attrs":568},{"href":569,"uuid":52,"anchor":52,"target":52,"linktype":34},"https://www.spendesk.com/en/expense-management-software/",{"text":571,"type":57}," is so complex that it takes six months to set up, and a team member to manage it full time. ",{"type":573},"hard_break",{"text":575,"type":57},"That won't suit scaling and fast-moving companies. If you're one of these, check that your tool comes ready to use.",{"type":216,"content":577},[578],{"type":50,"attrs":579,"content":580},{"textAlign":52,"key":256},[581,585],{"text":582,"type":57,"marks":583},"Scalable as you grow",[584],{"type":111},{"text":586,"type":57},". Related to the first point, it also needs to be easy to add and remove users any time you like.",{"type":216,"content":588},[589],{"type":50,"attrs":590,"content":591},{"textAlign":52,"key":267},[592,596],{"text":593,"type":57,"marks":594},"Different permission levels",[595],{"type":111},{"text":597,"type":57},". Ideally, you'll have one account owner for the whole platform. This is usually the financial controller or occasionally a CFO. 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Subscribe to our newsletter to stay informed.",[2535,2536],"08873884-f99d-46d2-9481-0563134fdd37","2ef12409-8f14-46b2-a8d0-0175290269ec",[2538],{"cta":2539,"_uid":2540,"items":2541,"heading":2667,"reverse":26,"component":2688,"sectionSettings":2689},[],"1320905c-cdee-41a4-bbec-6d93ca2e4e3f",[2542,2610],{"_uid":2543,"title":2544,"component":2545,"description":2546},"dfc0accd-ab64-464a-8597-b76754748f04","What is spend management?","faqItem",{"type":47,"content":2547},[2548,2552],{"type":50,"content":2549},[2550],{"text":2551,"type":57},"Business spending includes different types of spend:",{"type":284,"attrs":2553,"content":2555},{"order":2554,"key":287},{"order":286},[2556,2567,2578],{"type":216,"content":2557},[2558],{"type":50,"content":2559},[2560,2564,2566],{"text":2561,"type":57,"marks":2562},"Strategic",[2563],{"type":111},{"text":2565,"type":57}," spend is usually centralized and managed by C-level executives with dedicated spenders. 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