Expenditure Management System

An Expenditure Management System is a structured process used by organizations or governments to plan, track, and control their spending. It ensures resources are allocated efficiently, expenses are monitored against budgets, and funds are used appropriately. This system helps prevent overspending, promotes transparency, and supports decision-making by providing accurate financial data. Essentially, it’s a comprehensive framework that manages how money is spent, ensuring financial health and accountability within the organization.