ExpenseWatch reduces expenses by providing real-time budget management tools to line employees, applying purchasing controls at the point of spend, eliminating paper accounting forms, and providing in-depth Real Time reporting into expenses.
Controls: establish and enforce spending parameters for each cost center/employee.
Purchases: institute a prior-approval purchasing system without the associated administrative burden.
Invoices: secure approvals for invoices electronically, and eliminate the lag in reporting spending to cost center managers.
Reports: analyze expenses down to the individual products and services purchased, and provide real-time budget vs. actual information to line managers.
Budgets: easily import budget information from Excel spreadsheets and make it easily accessible for line managers.
Catalog: automatically develop a company catalog of goods and services purchased simply by storing goods and services purchased.
Web Service Integration: integrate directly and seamlessly to ANY Accounting System, ERM/ERP