RESEARCH REPORT
Effective spend management – a catalyst for growth
As businesses transact across borders, they encounter numerous financial complexities that can hinder efficiency and control.
Discover how Hong Kong finance leaders are modernising their approach to managing global business spend, with insights and actionable strategies to help simplify your spend and expense management processes.
IN THIS REPORT
As Hong Kong companies scale up or build an international presence, spend management becomes more complex
99% of businesses are struggling with a lack of robust spend controls
As businesses scale, it’s harder to maintain spend policies and approvals, and reconcile expenses. See how companies can control spend before it happens, and gain global visibility to aid financial decision making.
85% of businesses find it difficult to identify areas of overspending and non-compliance
Managing expenses with outdated tools also continues to be a significant issue, reducing control over corporate spending and hindering financial visibility.
43% still use manual process (spreadsheets and paper forms) to process corporate expenses
Current systems hinder business efficiency by creating bottlenecks and increasing the risk of errors.
HOW AIRWALLEX CAN HELP
Airwallex Spend: The power of a unified spend management system
Adopting a unified platform isn’t just about solving today’s problems — it’s about preparing your business for tomorrow’s opportunities. By managing all your spend on one platform, from corporate cards to bill payments, you can maintain control over every aspect of your financial operations.
Save time with AI-powered automations
Track spend and make payments, all on one platform
Control spend, no matter your business size
Centrally manage spend and get real-time visibility, globally
