Benefits of spend management and why it’s important for businesses

6 mins
March 22, 2023
Post Cover  Purple Costs Reduction

Key learnings
Spend time on your vision. Not paperwork.

Open a Qonto business account in 10 minutes

Frequently asked questions about spend management

Is spend management the same thing as expense management?

Why is spend management especially important for fast-growing companies?

In which industries is spend management essential?

What is a spend management strategy?

What are the 4 types of spending?

ABOUT THE AUTHOR
Tom has worked in Melbourne as a film critic and freelance writer. In Berlin, he was a content creator for German fintech Penta and is now at Qonto. His goal is to demystify technical jargon. Qonto is the leading business bank account in Europe and combines digital expense and spend management software, a powerful cash flow tool as well as loans and financing options. Self-employed people, companies and SMEs benefit from low-cost corporate cards, integrated accounting and invoicing software and efficient, transparent financial management, all bundled in one digital platform.