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In addition to time savings, the visibility and control that a spendmanagementsystem gives are required to reduce unnecessary, unplanned, or rogue spending. Deep native integrations between spendmanagement and, say, your generalledger make both systems more efficient and accurate, and with better data.
I like to say that all roads lead to the generalledger. Some of those processes just naturally draw in the CFO, while in other areas they need to be deliberate in expanding their footprint — a shift that often involves upgrading systems with an eye to consolidation. Typically, we end up with disparate systems.”
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