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5 ways to hit company savings goals: Lower spend, save time, and remove inefficiencies

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You’re the gatekeeper of your company's finance policies and the first to recognize that pausing employee travel is an effective way to cut costs. But did you know there are even more ways to save money, eliminate time-wasting tasks, and keep a closer eye on fraudulent behavior? 

Go beyond the “ABCs” of spend policies and keep your company well-equipped to face economic uncertainty. T&E expert, Colton Durham, will lead you through a savings goal-setting exercise, providing helpful customer benchmarks and methods for adapting to the challenges in 2023. He'll outline practical steps to hit your numbers and set goals like: 

  1. Reduce duplicate spend by XX% by referencing historical expense reports.
  2. Identify employees with a history of abusing policies and configure YYY parameters to monitor them.
  3. Use best-in-class benchmark data to create the ideal ZZZ spend thresholds.
It's not too late to realign your policies with data-backed savings goals. We'll show you a clear vision and path forward so you can fill in your X, Y, and Z's!

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