What is Expense Management Automation (EMA)?
Employees who incur expenses on behalf of the company seek to be reimbursed for these costs. It is common for manual processes to cost a company as much as $70 per expense report and to take a month or longer for reimbursement. EMA dramatically cuts the cost of processing an expense report and increases employee satisfaction by issuing a payment in a few days. It also saves money by improving the expense management process.
