Expense Analytics and Reporting

HBR Research: How to Use Data to Protect Your Corporate Travel Culture

by Tim Wheatcroft

HBR Research: How to Use Data to Protect Your Corporate Travel Culture

How can organisations protect their travel culture and insulate their budgets during times of economic uncertainly. Harvard Business Review analyzes industry data and talks to leading experts in the field to develop best practises that are a must-read for every finance or corporate travel leader.

Beyond Efficiency: How Spend Data Delivers the Biggest Benefits of Expense and Invoice Management

by Barbara Doane

Beyond Efficiency: How Spend Data Delivers the Biggest Benefits of Expense and Invoice Management

Manual expense reporting and invoice processing are huge efficiency killers for both business travellers and corporate finance teams. By automating these processes through the implementation of expense and invoice management technology, organisations can save tens or even hundreds of thousands of dollars per year. However, the financial benefits of eliminating inefficient use of employees’ time can often just be a fraction of the overall financial benefits. The big-ticket improvements come from the visibility that automation delivers.

There When You Need It: Leverage Business Intelligence Data with Scheduled Reports

by Raj Udeshi

There When You Need It: Leverage Business Intelligence Data with Scheduled Reports

Effective business analysis improves the decision-making process by allowing finance staff to track, process, and analyze data and - perhaps most importantly - transform it into actionable insights that drive strategy. Chrome River customers leverage our deep analytics capabilities so they can control spend by transforming expense spend data into insightful reports.

Do You Know the True Cost of Sales?

by Julie Roy

Do You Know the True Cost of Sales?

Companies know how much their employees spend on hotels, flights and meals. While this information may help the travel manager, it doesn't help finance or sales leaders to measure how T&E spend impacts revenue generation.

The Cost-Control Benefits of Analytics in Expense Management

by Tim Wheatcroft

The Cost-Control Benefits of Analytics in Expense Management

Travel Expense Software solutions can create huge volumes of data on employees' business travel spend. How can organisations use this to make smarter decisions?

Capturing and Optimising Your True Corporate Travel Program Spend Using Total Cost of Ownership

by Ted Stavropoulos

Capturing and Optimising Your True Corporate Travel Program Spend Using Total Cost of Ownership

If your CFO or controller asked you to provide the organisation’s total travel spend over the past year, how would you get that data? The obvious (and traditional) answer is to ask for reports from your travel agency, breaking down hotel, flight and rental car costs. That should give you a pretty accurate figure, right? Well – not really.

New Gartner Market Guide: Key Criteria for Travel Expense Management Solutions

by Tim Wheatcroft

New Gartner Market Guide: Key Criteria for Travel Expense Management Solutions

Gartner has just released its 2017 Market Guide for Travel Expense Management (TEM) Software. The guide is essential reading for any organisation that’s thinking of investing in an expense management solution in the coming year, or is considering upgrading its existing solution.

Expense analytics as a cost management tool

by Mandy Neske

Expense analytics as a cost management tool

Even though we seem to have only recently recovered from the last recession, it looks as though another downturn could be lurking on the horizon. As a result, savvy CFOs and their FP&A teams are keeping a closer-than-usual eye on corporate and personal expenses, in order to conserve funds.

Top Trends and Concerns of P2P Professionals

by Serge Merkin

Top Trends and Concerns of P2P Professionals

As organisations continue to implement technology designed to streamline their Purchase-to-Pay (P2P) processes, a number of trends and concerns keep surfacing. Both were discussed in a recent webinar hosted by PayStream’s Henry Ijams and featuring Greg Horton of OpenText.

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Dear CFO - Chrome River has the industry's most loyal customers
Our choice of Chrome River EXPENSE was made in part due to the very user-friendly interface, easy configurability, and the clear commitment to impactful customer service – all aspects in which Chrome River was the clear winner. While Chrome River is not as large as some of the other vendors we considered, we found that to be a benefit and our due diligence showed that it could support us as well as any large players in the space, along with a personalized level of customer care. Sally Abella, Director of Corporate Travel Harman International
We are excited to be able to enforce much more stringent compliance to our expense guidelines and significantly enhance our expense reporting and analytics. By automating these processes, we will be able to free up AP time formerly spent on manual administrative tasks, and enhance the role by being much more strategic. Ben Zastrow Zelle