Companies with traditional paper-based purchasing systems often have difficulty making strategic and timely purchases and holding suppliers accountable for transactions. Employee purchases frequently deviate from company spending policy, leading to lengthy order fulfillment cycles and over or duplicate spending.
Company approval workflows can be drawn out and costly if signatures need to be obtained by sending purchase requisitions, purchase orders and invoices to multiple office locations.
ExpenseWatch.com’s automated purchasing system is designed to keep you on budget while making the purchasing process flow smoothly. Everything is managed electronically, from purchase requisitions and purchase orders through to authorization for payment, reducing or eliminating the need for paper. Company policy is automatically applied and compliance ensured.