Remove 2027 Remove Auditing Remove Purchase Order
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Preventing payment fraud and shadow spending

Nanonets

billion in 2027, marking a 25% rise compared to 2020. Companies may also incur expenses related to potential restitution, program reviews, audits, and retrofitting or redesigning of processes and systems. Independent audits help uncover irregularities and ensure compliance with legal and regulatory requirements.

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What is business spend management?

Nanonets

Expense management software is used to register, track, reimburse, and audit employee expenses, making it easier for companies to manage their finances on a micro-level. It includes requisitioning, purchasing, receiving, paying, and accounting for goods and services. from 2020 to 2027, reaching USD 3.97