Technology plays a pivotal role in modernizing and enhancing expense management. Expense management software can automate time-consuming tasks such as receipt capture, expense report creation, and approval workflows. These solutions often come with features such as real-time expense tracking, integration with credit card statements, and mobile accessibility, making it easier for employees to submit expenses and for managers to review and approve them. Advanced analytics and reporting tools can also provide valuable insights into spending patterns and help identify areas for cost savings.