Expense management reporting and analysis
Good expense management captures hidden savings, identifies free-spending problem employees, and allows purchasing managers to negotiate preferred rates with suppliers. While organizations can go on for years without this critical function being covered, they do so at their peril as competitors turn “found money” into expanding revenue-producing operations and becoming more price-competitive.

Databeacon gets insight out of expense data quickly and cost-effectively. Databeacon delivers Business Analytics and Reporting directly to the people that can act immediately to make better use of corporate resources — enabling them to answer expense-related questions such as:
:

• Which departments are the “big spenders” and what are the problem areas?
  
• Are there too many suppliers of sundry items such as office stationary, making supplier consolidation and volume discounts a possibility?
  
• Are multiple-credit card numbers tracking back to the same “maverick” employee?

By providing everyone in the organization with the ability to view, create, and collaborate on self-serve reports and data analysis, Databeacon offers many opportunities to transform “spreadsheet farms” and static expense data into one-stop self-serve reporting that turns questions into actions, and expense management burdens into financial rewards.