New ExpenseWatch.com Release Helps Manage Payables

Put a lock on your spending

If ever there was as time to watch expenses, this is it.  And I can’t think of a more apt app for doing so than web-based ExpenseWatch, which has just rolled out new components that help small and mid-sized businesses track expenses and manage payables.  Basically, ExpenseWatch is like shining a spotlight on your spending.
But more importantly than seeing what you’ve already spent, this system helps you anticipate future spending before it happens.  Such expenses can include committed purchases, invoices, unpaid T&E costs and other requests in process that — if approved — could bust your budget.
ExpenseWatch isn’t for really small firms. It’s sophisticated stuff that can help solve a variety of expense management problems — especially small and mid-sized businesses that still use manual or other paper-based ways of dealing with company expenses and accounts payable (AP).  The newly-released AP Invoice Management module makes sure that invoices are matched to purchase orders and packing lists, helping to do away with duplication, overspending and paying for things you didn’t order.