What is cost-benefit analysis in expense software?

What is cost-benefit analysis in expense software?

Cost-benefit analysis in expense software evaluates the financial advantages versus the costs of using the software.

How do I perform a cost-benefit analysis for my current expense software?

To perform a cost-benefit analysis, list all costs associated with the software and compare them to the benefits it provides.

What are some common costs to consider?

Common costs include subscription fees, training expenses, and potential downtime during implementation.

And what benefits should I look for?

Look for benefits like time savings, improved accuracy in expense reporting, and better compliance with financial regulations.