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Strategies for Secure and Holistic Expense Report Management

How to Mitigate Risk in Expense Reporting and Ensure Employee Productivity

When accounting teams try to manage travel and expense spend, they often struggle against a few big drivers of inefficiency—internal silos, manual processes, and poor visibility. Without centralized and transparent expense reporting data, it is nearly impossible to manage compliance or financial risk across all employee spend, and maverick or fraudulent purchasing often slips by undetected. This not only hurts a company’s bottom line, it hurts the productivity of the accounting department and traveling employees alike.

Levvel Research and Oversight explore how to minimize financial risk in expense reporting with strategic data management and dynamic auditing automation. This webinar will offer best practices for identifying, managing, and mitigating enterprise-wide spend risk no matter where it resides in your organization.

HIGHLIGHTS:

  • Latest expense management and auditing trends among North American organizations
  • Pros and cons of different expense data management strategies (e.g., report review vs. risk mitigation)
  • Effects of undetected risk on travelers and stakeholders
  • Strategies for breaking down silos in spend data management
  • How spend data management and AI technology automates auditing and analyzes transactions

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Major Bottoms Jr.

Lead Research Analyst, Levvel

Major Bottoms Jr. is a Research Manager and Senior Research Analyst for Levvel Research based in Charlotte, NC. He plays a key role in the analysis and presentation of data for Levvel’s research reports, webinars, and consulting engagements. Major’s expertise lies in the Procure-to-Pay, Source-to-Settle, and travel and expense management processes and software, as well as technologies and strategies across DevOps, digital payments, design systems, and application development. Prior to joining Levvel, Major held various roles in the mortgage finance field at Bank of America and Wells Fargo. Major graduated with a degree in Finance from the Robert H. Smith School of Business at the University of Maryland.

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Chris Elliott

Director of Sales, Oversight Systems

In his role, Chris works with Fortune 1000 organizations to meet their unique business needs and ensure their success in mitigating financial risk. Chris brings more than 10 years of high-performance sales experience in the governance risk and compliance (GRC) space with companies including The Network (a NAVEX Global Company), Perfecto Mobile, Paycom, and AchieveIt. Chris earned his bachelor’s degree in Psychology from Emory University.