6October 2018Copyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.OCTOBER - 01 - 2018Managing EditorSarah DawsonEditorial StaffAaron Pierce Ann BennisJoshua ParkerRohit ChowdharyVisualizerAlvin AndrewsBusiness Expense Management SpecialSales*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditor's NoteSarah DawsonManaging Editoreditor@cfotechoutlook.comThe Game ChangerAlison Samuelsalison@cfotechoutlook.com Expense management solutions are used to process, pay, and audit an enterprises expenses. Expense management software simplifies and automates a business' expense entry, streamlines review, eliminates paper trail, and reduces administrative effort. It provides administrators with full visibility of business financial resources. The solutions also help to analyze overall expenses, identify cost-saving opportunities, and control excessive spending. Expense management solutions are commonly integrated with time tracking software, travel management software, payroll or accounting software, and workforce management software. Even after all this, expense management is one such process, considered a time-consuming activity which provides little value. AI seems like the quintessential solution to this problem at hand.It isn't just the ease with which it creates and records expenditures and expense reports that makes AI so great. AI can understand approval workflows, prevent reimbursement fraud and derive and analyze expense data for companies to use in budgeting. Ultimately AI can be useful in restructuring and fully automating the expense reporting and tracking procedures. So AI is the game changer that everyone is hoping for. It can not only enhance expense management but also other business processes simple and less frustrating. Soon AI is bound to reach every aspect of the business industry and enable companies to work smarter.In this special edition of Business Expense Management Solutions we take a look at some of the top solutions in the market and the value they bring to a company. Also, interspersed are commentaries and articles by few of the proficient industry personnel about the space. We hope you enjoy reading this edition as much as we enjoyed piecing it together.Contact Us:Phone:510-565-7614Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.comOCTOBER - 01 - 2018, Vol 04-05 Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.comAmitav Haldipur
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