Real-time visibility on spending enables businesses to monitor expenses against budgets, ensure they are not overspending, and curb wasteful expenditure. It also helps ensure they make well informed expense policy, and expense-related decisions.
However, relying on excel to produce monthly expense reports or quarterly reviews, typically requires days of effort for the finance team.
Compiling and analysing vast amounts of expense information in spreadsheets is not only cumbersome, but prone to errors, thus requiring significant checks and reconciliation.
Today, expense data can be fed into Anna instantly and directly, and reports generated automatically, saving time, and manpower for the finance team.
Quick and easy insights into spending trends, coupled with Anna’s anomaly detection helps identify policy-violations or policies that require upgrading. This provides approvers, admins, and company heads with transparency regarding behavioural changes in employees spending patterns.
For more information, here is a guide on the data structure and sample questions on how to implement this solution.
“When I saw Anna, I saw a huge potential in being able to open information to our people and being able to do it in a way that allowed them to inquire from their own point of view, I was blown away.”
"We use Hyper Anna to report from a sales perspective, it’s much faster to get data insights. The less time we spend creating reports, the more time we get to spend with our customers."
“Anna does really change the way we operate and run our organisation, so from a data perspective, absolutely a game changer.”