Who Needs Expense Reporting Software?

This was a question recently brought to me by a potential reseller. Meaning, who can I sell this solution to? More specifically he wanted to know what industries and what sizes of companies could they expect to sell ExpensePoint WEB to. The answer was simple; today everyone needs an expense reporting solution.

Expense reporting solutions like ExpensePoint WEBTM, have historically been marketed predominantly to organizations with traveling sales people who are consistently creating and submitting expense reports. And while those organizations are still in need of an expense reporting solution, they have become just as popular with businesses of all industries and size. No matter what type or size of industry it is, when they automate their expense report process they will save time, headaches and most importantly, money.

With the question at hand, I wanted to back up what I was telling this candidate so I decided to do some research in to GlobalPoint’s client base in order to determine which industries are using ExpensePoint and which are more prominent. I found that not any one specific industry stood out as being prominent, and I found it difficult to find an industry where we currently do not have a client. The list below is only some of the industries in which GlobalPoint currently has client sites for. GlobalPoint has installed client sites with fewer than 10 users and up to now nearly 3000 users with an unlimited potential maximum user amount, and in all kinds of industry categories.

· Construction
· Oil and Gas
· Financial Services
· Banking
· Investment Firms
· Communication
· Information Technology
· Pharmaceuticals
· Health Care
· Light Manufacturing
· Agriculture
· Forestry
· Aerospace
· Airlines
· Aircraft Maintenance
· Retail
· Wholesale

Conclusion, any business in any industry of any size needs and can benefit from an expense reporting solution. The North American expense reporting industry, in itself, has been estimated to be worth over $5 billion with only 22% of that market currently being saturated.1

For more information visit www.expensepoint.com

1. Survey of Corporate Travel Management released by American Express Consulting.