Basic Expenses supports faster approvals and ensures accurate payments for general AP expenses.
Accounting teams can leverage a range of advanced digitization and extraction capabilities to ensure accuracy before payment or reimbursement
Customers continue to see the value of consolidating indirect and direct expenses through OpenEnvoy's universal spend reconciliation platform.
Beyond the ability to process basic general AP expenses, accounting managers and finance staff can also generate custom reporting with Spend Insights to monitor and control corporate spend.
Moreover, they can strengthen controls on spend policy compliance by detecting out-of-policy purchases in real-time and using spend limits to enforce internal guidelines.