Wednesday, April 18, 2018

Savings + Governance in Corporate spending (relevant for CFOs, Finance Directors)

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Dear ,

Growth in business expenditure generally leads to increase headcount of support staff, maverick spending, queries and risk of breaching company policies and procedures.

BAZ Spend Management is a comprehensive software that helps process driven control for administrative, IT, branch setup, travel, employee reimbursements and other project/capital/operational expenditures.

It helps improve GST input credits. With integration outputs to various ERP and Core banking solutions, it helps reduce large IT expenditures on such systems.

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Additional benefits realised include:

a) Savings achieved from

  • Lean Finance Team
  • Reduced Processing costs
  • Budget based on line controls
  • Better treasury management with cash outflow visibility
  • Efficient GST input credits processes
  • Preventing overspend
  • Applying rate contracts
  • Reduction in manual efforts
  • Greater people productivity

b) Quicker payments turnaround times

c) Higher compliance to companies policies and procedures

  • Enforcing delegation of approval authority with exception control

d) Self-service with process visibility and transparency

e) Cost analysis with reduced subjectivity

f) Better internal financial controls

g) Automation of AP invoicing and validation workflow, Procure to payment operations, and payment processes

h) Digitisation, Archival and easy retrieval of documents

i) Mitigation of intentional and unintentional expense fraud through system and process driven controls

We are confident to add substantial value to your growth plans. We look forward to meeting your team.

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Best regards,

Sangeeta Naidu | Inside Sales Manager | Empronc |
BAZ – Internal Financial Controls Delivered
Office: +91 22 42100706 | Ankit Mobile: +91 9987020996 | Sangeeta.naidu@empronc.com | www.empronc.com

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