Claim back wasted budget with Automated Expense Reconciliation
CMO’s self-report an average of >25% budget waste. A huge contributor to this lost money is stale, inaccurate, and inconsistent data about the status of the marketing plan and budget.
Why is this such a chronic problem? Because keeping track of this data, consolidating it, updating it, synthesizing it, and making accurate forecasts from it requires significant manual, non-marketing work. Marketers like to market, and administrivia tends to fall down their to-do lists, meaning important data languishes in disparate spreadsheets and no-one can see the entire picture.
At Plannuh, we’re committed to automating the stuff marketers don’t like to do so they can focus on marketing. Today, I’m thrilled to announce the first process in our automation journey: expense reconciliation.
Marketing Minus The Drudgery: Plannuh AI Process Automation
Our team has a deep background in AI at scale. Plannuh AI Process Automation is our mission to take those dull tasks off your plate, so you can focus on what you love.
Plannuh AI Reconciliation (AIR)
Our customers have told us how much they struggle with reconciling their expenses. It’s somewhat error prone, and it’s slow. It costs significant time: 1-2 staff days a week on average for those who do it regularly. Because it’s costly, 24% of companies only reconcile their expenses once a quarter, and 32% don’t do it at all. This is even worse, and causes much bigger cost and performance risks.
Today we’re announcing Plannuh AIR, a new Plannuh capability that automatically reconciles your expenses. Plannuh AIR resolves actual vs planned expenses, and identifies unplanned expenses which need your review. It does it quickly and accurately. There’s no integration required, which can be time-consuming and expensive. You just securely upload your finance data and Plannuh’s bot does the heavy lifting.
If you’d like more time to focus on marketing and you’re interested in having more current, accurate expense data, give us a shout here