How SMBs Build Resilience Through Spend Visibility and Control

The article says small and midsize companies are hit harder in uncertain times because they hold less cash, and controlling discretionary spending is a key driver of cash flow. An AMI-Partners survey found 66% of businesses want to better track and analyze expense trends to cut costs, 63% want integrated spend management for better cash flow visibility, and 72% want improved operational efficiency and productivity. Concur Invoice users report saving an average of US$42,000 annually and 148 hours per accounting team per week.