Managing non-PO and employee expenses: Are you capturing long-tail spend?

Overview

AP teams worldwide use invoice matching techniques to ensure they pay for goods and services the team procures. The purchase order is one of the most essential documents regarding invoice matching. So what do you do when you have non-PO spend?

Managing employee-initiated, non-PO expenses can be challenging due to their unpredictable nature. These invoices are generally related to indirect spend and can be related to:

• Reimbursement of employee-related expenses

• Service-related purchase

Medius’ 2024 Accounting of Financial Professionals Report notes that 59% of organizations worry about employee spending going over budget, and 50% feel their business has gone over budget because of out-of-control employee spending.

We’ll explain how you can capture and manage non-PO spend using Medius solutions in this 30 minute webinar on 14 of May from 11:30-12:00 pm CET.

Meet the Speaker