Expense Management Automation (EMA)
Expense Management Automation (EMA) is all about streamlining the claim, authorisation, audit and repayment processes that are involved in managing employee-initiated expenses for things like travel and entertainment.
Expense Management broadly concerns the regulating and reporting of employee spending within the organisation, and also includes the various policies and procedures required to effect compliance.
EMA is an emerging and rapidly-growing part of ERP (Enterprise Resource Planning), that delivers accuracy and efficiency in reporting and promises improved compliance, reduced costs and greater productivity.
SAP’s ‘Concur Expense‘ is a cutting-edge solution well worth investigating for your organisation. Two others are Zeno and Inlogik.