Expensing Module Allows Businesses Faster Insight into Business Spending

LOS ANGELES – JULY 18, 2017 — Vroozi, the leading mobile-first, user-centric procure-to-invoice platform, announced today a new Expensing module. This Expensing module is a catalyst to the power of Vroozi’s real-time feedback on business spending. By allowing users to quickly and easily enter their off-system expenses from any device, businesses avoid uncaptured spend and delayed reimbursements.

“Expensing is critical for businesses to actually see their real-time spend. As we continue to innovate the Vroozi Purchasing Platform, we are always looking ahead to what our current and future clients need most. This Expense module provides the next step in real-time spend insight and control,” said Stephen Olds, Vroozi’s President.

Many companies who succeed in using their real-time spend data still lack the ability to see total spend because many employees have non-system expenses. If employees only enter expenses every month or quarter, then that valuable spend data is lost in delayed time. Vroozi Expense helps businesses overcome this obstacle with easy, instant expensing.

Through the Vroozi Expense module, employees can quickly and easily scan receipts directly from their smartphone, thereby capturing individual spend against overall budgets immediately. The new Vroozi Expense module allows businesses to see their employees’ spend in real-time, rather than waiting for monthly or quarterly expense reports.

The key benefits of the new Expense module include:

  • The Expensing module gives businesses insight into previously unmanaged spend, so they can see their on and off-system spend together.
  • This new module allows companies better access to real-time spending that a purchasing platform alone does not capture.
  • Empowered employees are more compliant to a user-focused system that allows them to do their required tasks from anywhere and with very little effort.

Vroozi’s history as the user-centric purchasing platform puts them in the perfect position to release this powerful new module. Expensing is a logical addition for Vroozi as their focus has always been helping businesses achieve real-time spend insights for better purchasing strategies. Vroozi Expense is the next step in powerful purchasing and spend management.

 

About Vroozi:
Vroozi®, the leading cloud-based business purchasing platform makes business shopping easier, more efficient, mobile-first, and enjoyable. Vroozi is designed for companies who want to empower their employees, connect with their suppliers, and maintain spend visibility from anywhere, anytime. Vroozi has a proven solution within the enterprise space, and is now democratizing the procure-to-pay process by bringing that powerful, enterprise-grade functionality to the mid-market. Vroozi customers range from the mid-market to Fortune 1000 companies and privately held enterprises across several industries – entertainment, healthcare, technology, manufacturing, defense and services. The digital platform reduces transactional costs, maximizes efficiency and improves business margins while giving powerful insights into financial data. For more information, visit www.vroozi.com and follow along on LinkedInTwitter and Instagram.

 

CONTACT:
Brad Hill
brad.hill@vroozi.com
866.509.5045