Case Study: Global Food Processing Company achieves over 40% travel cost savings with ExpenseAnywhere

Global food processing company saves over 40% in travel costs with improved controls using ExpenseAnywhere

Global Food Processing Company, a $2B global business headquartered in Europe with Americas operations in Ohio, was struggling with a paper-based expense reimbursement process. ExpenseAnywhere helped the company address extensive US travel expense reporting, un-reconciled AMEX card charges, limited reporting visibility, and heavy manual work for a small AP team using a legacy accounting system.

ExpenseAnywhere implemented its web-based onDemand ExpenseAnywhere ASP service with company-specific data, policies, workflow, AMEX transaction feeds, and legacy-system integration in under 20 days. The solution delivered over 40% savings in travel costs, near-paperless processing, faster and happier user experiences, improved spend visibility, and month-over-month reconciliation of AMEX charges with almost no year-end unreconciled amounts.