Expense and Payment Management

Streamline your expense management and payment reporting processes.

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Utilize Automation to Reduce Operational Costs and Uncover Insights

Imagine a world where managing expenses and overseeing payment reports is not just simplified, but transformed into a strategic advantage for your organization. With SolveXia, you can have a streamlined process that not only enhances efficiency but also empowers you with real-time insights and analytics, allowing for smarter financial decisions. Turn tedious tasks into opportunities for cost savings and financial optimization.

Data Management
Automate manual data preparation and reporting and eliminate spreadsheet-based processes.
Exception Reports
Workflow, reporting and analytics result in rapid insights, exception reporting and anomaly detection.
Drive Down Costs
Identify expense anomalies to drive down costs and effectively manage your company's expenses.
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Automate Your Expense and Payment Analysis

SolveXia is the ideal tool for expense analysis. Our business-led data management platform can easily combine and prepare data from your ERP and other systems, and produce and share personalized analytics in minutes.

With SolveXia
Without SolveXia

Meet Ryan

As the Payments and Expense Manager for a large insurance company, he is responsible for ensuring accuracy, compliance and efficiency in all expense and payment related activities.

Streamlined and Automated

Instead of manual expense analysis, Ryan leverages SolveXia to automatically ingest, combine and validate data as well as perform data manipulation to produce the reports that are required.

Faster Decision-Making

By providing personalized reports to each business unit, department heads can act faster on issues, reducing risk and allowing for more accurate accruals in the company’s financial reports.
with solvexia

Business Outcomes

  • Increased efficiency with more accurate expense analysis performed in just minutes instead of days.
  • Engaged staff that can reallocate their time to more challenging and value-added work.
  • Faster decision-making as SolveXia’s workflow capabilities distribute relevant information to the right people.
  • Improved insights that facilitate cost reductions.
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Meet Ryan

As the Payments and Expense Manager for a large insurance company, he is responsible for ensuring accuracy, compliance and efficiency in all expense and payment related activities.

Tedious and Time-Consuming Reporting

Expense reports take several days a month. Due to the repetitive and routine nature of the reporting, staff find the work boring and unchallenging.

Lag in Business Processes

The time-consuming nature of the reporting causes a delay in responses from department heads as well as less accurate accruals in the company’s financial reports.
without solvexia

Time-Consuming and Slow-Moving

  • Significant amount of time and effort required to complete reporting across multiple data sources.
  • Unmotivated and bored staff members completing manual, spreadsheet-based processes.
  • Delay in responses and decisions resulting from complexities with approval workflows.
  • Difficult to identify cost savings.

Improve Your Expense and Payment Management

SolveXia automates the collection and preparation of your data and prepares your expense and payment analytics in minutes. This allows you and your team to uncover insights and reduce operational costs for your company.

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why solvexia

Tailored Expense & Payment Management Solutions

Fast and Simple Data Consolidation

SolveXia provides expense analysis solutions that are fast and easy to deploy. This includes a rich library of ready-to-go building blocks to collect and transform any data into interactive dashboards for payments, committed spend and credit card expenses.

Proactive Stakeholder Engagement

Intelligent alerting capabilities that helps your organisation stay on top of your spend and better manage cash flow, while providing a convenient stream of insights and analysis for decision makers such as managers and cost center heads.

Seamless Integration With Your Business

SolveXia can harness the power of your existing applications and data and integrate directly with you resources such as your ERP.

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With SolveXia

60
%
Reduction in Administrative Time
7
%
Reduction in Costs for Key Expense Items
98
%
Reduction in Expense Report Errors

Our Work

Pharmaceuticals - Committed Spend Reporting

One of the top 15 pharmaceutical companies in the world used SolveXia to resolve its committed spend reporting problem.

Private Equity - Expense Analysis

A US based private equity firm used SolveXia to solve its expense analysis problem, resulting in an 80% reduction in manual effort.

Airline - Distribution Cost Analytics

An international airline company used SolveXia's automated solution to fix its distribution cost analytics complication.

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Financial automation suite

Discover Our Full Range of Solutions

In addition to transforming expense analysis, we drive efficiencies and optimization for other critical finance processes. SolveXia delivers unlimited extensibility by integrating any type of data (internal and external, financial and non-financial) to minimize the total cost of ownership. There are over 250 unique finance applications running on the SolveXia platform today.

Financial Automation

Rebate Management

Reconciliation

Regulatory Reporting

Revenue Management

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Join over 5,000 process runs being completed on SolveXia each month

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