ExpenseIn, part of the AccountsIQ Group, has reported that businesses are increasingly challenged with expense visibility as management complexities rise. A recent survey showed that 52% of organizations plan to reduce expenses due to governmental costs, with CFOs indicating expenses are the second most pressured finance operation. To help address these challenges, ExpenseIn launched a new user interface and mobile app to simplify the experience for users, improving accessibility and real-time insights while maintaining compliance and easing manual processes.
With its recent survey revealing that 52% of organisations are planning to cut expenses due to rising government costs, this issue will come even more into focus among UK businesses.
As business spending becomes more distributed across teams and locations, finance leaders are finding it increasingly difficult to maintain visibility without creating friction for employees.
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