E-book - Reducing Costs and Growing Stronger with Expense Management

Reducing Costs and Growing Stronger with Better Expense Management: A CFO’s Guide

Reducing costs and growing stronger
e-book

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Make every euro count

Identify your true cost centres by analysing the last 6–12 months of budgets and P&Ls.

Automate to eliminate waste

Automated EMS systems reduce human error, improve compliance, and lower operational costs.

Spend smarter with real data

1 in 2 travellers don’t follow corporate policy, and 71% book out-of-policy flights for convenience.

What you’ll learn

  • Best practices for a clear T&E policy
    Learn how to develop a concise and coherent T&E policy
  • How to enhance your travel & expense management strategy
    Discover ways to save money by modernising your travel and expense processes.
  • How an expense management system can transform your business
    Eliminate errors, boost compliance, and enhance spending visibility.
  • How to reduce costs without compromising operations
    Learn strategies to optimise spending by identifying unnecessary costs, negotiating better deals, and making informed decisions.
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Frequently asked questions

Why should CFOs prioritise better expense management during economic uncertainty?

The e-book explains that organisations face labour shortages, volatility and high interest rates. Effective expense management helps executives safeguard cash flow, reduce unnecessary spending and re

direct funds into strategic growth initiatives.

What are the first steps to reducing costs without harming operations?

CFOs should begin by reviewing 6–12 months of budgets and P&L statements to identify cost centres. This approach separates essential from non-essential spending and guides decisions on what to cut or optimise.

How can a company create better oversight and compliance in T&E?

Lack of awareness leads to overspending and fraud. The guide recommends defining a clear T&E policy, labelling categories, clarifying reimbursables, and using corporate credit cards to reduce ambiguity and improve compliance.

Why should businesses adopt an automated expense management solution (EMS)?

Automation eliminates human error, ensures policy compliance, increases visibility, lowers operating costs, and improves the employee experience through faster, mobile-friendly expense submission and approvals.

How can expense management help companies negotiate better deals?

With accurate data on real usage (e.g., hotel nights, mobile subscriptions), companies can negotiate optimised rates and avoid paying low-volume prices for high-volume usage unlocking economies of scale.

What fraud risks can CFOs uncover through better expense controls?

The guide cites ACFE data: asset misappropriation accounts for 89% of cases, corruption appears in 48%, and financial statement fraud (though only 5% of cases)has the highest median loss at $766,000. Expense management systems help identify red flags and high-risk groups.

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How to Choose the Right Expense Management Software

Choosing the right spend management solution shouldn’t feel overwhelming. This e-book gives you a clear, practical guide to navigate the selection process with confidence. You’ll learn how to evaluate your options, identify the features that truly matter, and find a solution that fits the way your business works.

The State of Expense Management in 2025 and 2026

Our official report is here — packed with Gartner-backed insights to keep your business ahead of the curve. See how leading companies are upgrading their spend management strategies, discover where you stand, and learn the next steps to stay competitive.

From Bank Cards to Smart Corporate Cards: What Every CFO Needs to Know

This e-book walks you through the most common questions around using credit cards for business expenses. Expect actionable insights on turning those challenges into opportunities for smarter, more efficient finance operations.

Expense Compliance Simplified

This guide helps you stay ahead of upcoming compliance shifts with clear, actionable insights. Learn how e-invoicing and sustainability reporting requirements are evolving across Europe and the UK, what they mean for your finance operations.

Beginner's Guide to Expense Management Maximum Efficiency

New to expense management or not sure where to start? This guide breaks down the essentials step by step — from setting up clear policies to automating approvals and tracking spend in real time. You’ll learn how to build an efficient, compliant process that saves time, reduces errors, and gives your finance team complete control.