Watch the costs and the profits will take care of themselves! – Andrew Carnegie

Infor Expense Management – build better processes for employee-initiated expenses

What is Infor Expense Management (XM)?

Infor Expense Management (XM) helps you achieve a single, consolidated platform that automates all your employee-based financial processes, maximizing your efficiency and control. One can build a smarter end-to-end expense reimbursement process, from report creation to processing and approval. With this process, your employees and managers get speed, convenience and solutions —anytime and anywhere. Infor Expense Management is a comprehensive solution for automating and managing the full range of employee-initiated spending. It includes a collection of distinct functional modules, such as: Expense Reports, Payment requests, Travel plans, and Time sheets.

How Infor XM can help your business?

Employee-initiated expenses constitute the second largest cost at most of today’s businesses; they also pose a huge legal risk. Organizations can’t afford to let such large costs go uncontrolled or risk a major security breach or performance failure by failing to manage them appropriately. With Infor Expense Management, organizations can:

Save time: Infor XM saves time on pre-trip authorizations, expense reporting, time capture, and employee-initiated payment requests. It also helps managers spend less time on approvals. It improves accuracy of time billed to clients and paid time off due employees.

Reduce costs: Infor XM helps increase savings through effective vendor negotiation and rebate usage. It also reduces unnecessary travel and purchases. Moreover, one can cut down on labor required to process documents and administrative costs.

With Infor Expense Management, one can improve employee compliance with spending policies. With all its benefits and advantages, Infor XM also helps you access the data, plans and insights anytime from anywhere on your desktop, laptop or smartphone. 

For more information, kindly contact: priti.panchal@astral-consulting.com