The Spend Management Pulse Report
The digital revolution has changed how businesses manage their spending. Instead of a response and react approach, modern spend management strategies can be much more proactive instead.
With real-time data, automated workflows and a holistic overview, spend management platforms can better inform the financial decisions in your business. In this report, Insights for Professionals, in partnership with Payhawk, will take a look at current attitudes towards corporate spending and visibility, as well as the biggest challenges businesses are facing when it comes to spend management.
Report Snapshot
- Human error is the greatest challenge facing the surveyed organizations.
- Over a third (36%) of respondents are ‘extremely’ or ‘very’ concerned about the amount of corporate spending within their organization.
- 22% of organizations plan to invest between $500,000 to $1 Million.