Expense management software is a digital tool designed to help individuals and businesses track, manage, and analyze their spending. It allows users to input expenses, categorize them, and generate reports, making it easier to understand where money is going. This software often integrates with bank accounts and credit cards for automatic data import, reducing manual entry. By using expense management software, organizations can streamline their budgeting processes and improve financial accountability. Many solutions also offer features like receipt scanning, approval workflows, and compliance tracking, which help ensure that expenses are properly documented and authorized before reimbursement.