© Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating...

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Wednesday, June 22, 2022 © Copyright 2008 ExpenseWatch, Incorporated. All Rights Reserved Operating Expense Control “If you run a business, you have expenses. With ExpenseWatch.com, you have the power to control them.”

Transcript of © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating...

Page 1: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

Monday, April 10, 2023 © Copyright 2008 ExpenseWatch, Incorporated. All Rights Reserved

Operating Expense Control

“If you run a business, you have expenses. With ExpenseWatch.com, you have the power to control them.”

Page 2: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

© Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedMonday, April 10, 2023

What we’ll cover

Context: Framing Our Place Within The Market

Stand Alone Value: Focus on ExpenseWatch.com Company Overview What Do Our Customers Look Like? ExpenseWatch.com Service Overview & Demonstration

Integrated Value Proposition:

Why Partner with ExpenseWatch.com?

Page 3: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

© Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedMonday, April 10, 2023

Framing the Business Need

Front-End Operational ManagementDay-to-day automation, visibility and controls to

maximize revenue and minimize operating expenses

Financials(Systems of Record)

PaymentSolutions

Back-End Systems of Record/Payment Mechanisms

MinimizingExpenses

Typically not automated within the SMB

Maximizing Revenue (CRM)

Lead to Cash

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© Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedMonday, April 10, 2023

Expense Control Challenges

No AutomationManual, paper-based processes for creating and approving expense reports, purchase orders and invoices are time-consuming, costly and susceptible to fraud.

No VisibilityLack of visibility into spending before, during and after it occurs results in an inability to manage to your budget.

No ControlCompanies are either unable to enforce their spending policies or have yet to establish them.

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Page 5: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

© Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedMonday, April 10, 2023

ExpenseWatch.com Profile

LocationHeadquartered just outside Philadelphia, Pa.

SoftwareMature, multi-tenant, Software-as-a-Service offerings.

OwnershipBezos Expeditions, personal investment firm of Jeff Bezos (Amazon.com).

CustomersMore than 14,000 subscriptions in 150 plus companies.

Our mission is to establish ExpenseWatch.com as the clear leader of operating expense (OpEx) control solutions for small and midsize companies.

Page 6: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

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Who ExpenseWatch.com Serves

Size$5M–$500M in revenue and/or 50–2,500 employees.

Information Technology Resources Limited or no IT personnel.

Enterprise Software Used Financial systems ranging from QuickBooks to SAP.

Primary BeneficiariesCEO, CFO, COO, Controller, Purchasing, and/or Accounts Payable.

Primary PainManually process 100s to 1,000s of A/P invoices, purchase requisitions, and T&E reports each month.

Small & midsized businesses…

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Page 7: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

© Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedMonday, April 10, 2023

ExpenseWatch.com Overview

T&E Expense Reporting Purchasing A/P Invoice Management

Best-of-breed modules or fully integrated OpEx Control suite:

Subscription includes:

Implementation Training Support Usage Analysis

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Monday, April 10, 2023 © Copyright 2008 ExpenseWatch, Incorporated. All Rights Reserved

Demonstration

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T&E Workflow

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Purchasing Workflow

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Integration with existing technology

RevenueManagement

Financials(Systems of Record)

PaymentSolutions

Front-End Operational ManagementDay-to-day visibility and controls to maximize revenue and minimize operating expenses

Back-End Systems of Record/Payment Mechanisms

ExpenseControl

Uniquely positioned to address this need

Page 12: © Copyright 2008 ExpenseWatch, Incorporated. All Rights ReservedSunday, December 29, 2013 Operating Expense Control If you run a business, you have expenses.

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Why ExpenseWatch.com?

SMB Laser FocusRecognizing that no one software organization can be everything to every type of company, ExpenseWatch.com is laser-focused on serving the unique needs of small and midsized companies.

Software as a Service (SaaS) OnlyOne vendor can’t effectively develop, sell and support both “behind the firewall” and SaaS offerings. Our solution was developed from the ground up as a web-native application requiring only your browser.

Complete Operating Expense Control Three best-of-breed modules that together uniquely provide complete automation, visibility and control of an organization’s spending.