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While it may seem tempting for some organisations to just use Excel or paper-based systems, due to their low initial cost, spend management systems actually deliver an excellent return on investment. When factors such as loss of productivity due to inefficient reporting and incorrectly inflated mileage expenses are accounted for, the true cost of paper and Excel-based systems is revealed, and can easily surpass the initial investment required in an automated system.
The benefits of spend management solutions have been recognised across the public sector, and this whitepaper explores some of these successful implementations in more detail.
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