Today’s Spend Management: How To Control Expenses Without Hurting Your Business | Airbase

Presented by Airbase and Financial Executives International
 1 CPE Credit Business Management & Organization
 

ALT: Increase productivity and control with real-time insight into burn.

  Companies will face difficult decisions about how to protect their runway in today’s uncertain economic conditions without cutting into critical resources that will be needed as the market recovers its footing. In this environment, getting control over company spend as a way to improve margins and runway is an important area of focus. In this webcast, we will discuss how company spending has changed, and the strain that it places on finance teams. We will consider how inefficient spending processes and lack of visibility into spend lead to waste, and how reducing that waste can extend critical runway.
 
Accenture notes: “...our benchmark data shows that the average company effectively manages less than 50 percent of spend, falling far short of best-in-class organizations at 90 percent or more…”

  Join us as we talk through common spend management pitfalls and spend management case studies. From these, we will consider insights into how gaining access to better, real-time information and improving operational efficiency can drive significant value for your organization. 

Key Takeaways: 

  1. Insights into why traditional spend management will continue to place increasing strain on finance teams.

  2. Ways to streamline workflows, gain access to real-time information, and get control over spending while still empowering your high-performance teams to make necessary, approved purchases. 

  3. How businesses can use lightweight automation tools to implement best practices without the burden of large corporate procurement and spend management divisions.

 

Questions? Contact FEI's Professional Development Department at conf@financialexecutives.org or 973.765.1029

By registering for this professional development event, you provide consent to FEI to share your contact information with the organizer/sponsor, who may use it to communicate directly regarding this opportunity and/or other products/services.

Speakers

JD Higginbotham

Controller
Ridecell

Tushar Makhija

VP of Customer Success
Airbase

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Business Management and Organization, Non-technical

Prerequisites

None

National Registry of CPE SponsorsFinancial Executives International (FEI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For FEI CPE credits, one credit hour equals 50 minutes according to NASBA guidelines. Some states boards may differ on how many minutes constitute a credit hour. Contact your state board for more information. For more information regarding administrative policies such as complaint and refund, please contact our offices at 973.765.1029.