Expense management is the proactive process of accounting for, controlling, and monitoring all business expenses. It involves establishing company policies and procedures, tracking employee spending, analyzing reports, and streamlining the financial operations of a business. With well-defined expense management processes, companies can save money, improve efficiency, and promote fiscal transparency. By using the latest tools and technologies, businesses can gain valuable insights into their operations and make smarter decisions for the future. Expense management makes it easier to keep track of how funds are being used, ensuring that every penny is well spent.