SutiExpense Saves Thousands of Dollars and Hundreds of Hours for Professional Services Firms
Professional Services firms have uniquely complex challenges in tracking and reporting on the expenses they incur in delivering services to their clients, and the hours each employee dedicates to each client or project. They must construct a matrix of codes to properly track and report what they spend in time and money:
- Allocation of expenses and hours worked by type, client and/or project
- Separation of hours by employee, to properly apply hourly rates
- Extraction of data by billing code to allow swift and accurate invoicing
- Ability to audit expenses and billable hours for accounting purposes
Plus, the manual collection and archiving of paper receipts, creation of reports and laborious approval processes can distract your talented staff (and you) from the client work for which you get paid.
You will benefit from adopting a highly customizable expense report software solution that eliminates all the manual steps in the process, speeds the process up, and improves the ability to track every expense and time by type and client.
Automating expense reporting converts unbillable paperwork hours into available billable hours.
SutiExpense’s Software-as-a-Service provides that needed automation, with the customization you need to seamlessly export expense data and billable hours by client or project code, and import all that data into your accounting system electronically:
- Eliminate coding errors
- Invoice the client promptly and more accurately
- Save reams of paper, and mailing costs for service firms with multiple locations
- Save hundreds of man-hours by reducing errors and eliminating manual data entry
With the advent of highly secure, universally available cloud-based software services, achieving this money and time-saving process improvement is within the reach of any professional service firm, whether a one-person shop or a global consultancy.
SutiExpense Brings Efficiency with Cost Savings
- Strong Analytics : Finance departments can run customized reports, either automated or manually, especially by client or project code.
- Easy to Use : Simple Web-based and mobile interfaces for your users, ensuring that employees actually use the tools you provide, which drives down processing costs and improves both accuracy and compliance.
- End-to-End Expense Report Management : Your expense policies can be built right into the system and applied automatically in the booking and/or review process. Any out-of-policy expenditures will be quickly spotted, allowing fast action to rectify the issue.
- Eliminate paper waste :Save money by converting all expense report processing into electronic documents housed on a central server.
- Improve visibility : All expense data is captured in one database, easily accessed using SutiExpense analytic tools.
- Easy Accounting System integration : Expense report categories are matched to your own GL and client coding system. Easily import all data into your accounting system for permanent recording and reporting.
- Fast ROI : Make your CFO happy with an investment that pays off quickly. SutiExpense offers low set-up fees and affordable pricing plans. You can break-even within one budgetary cycle.
Contact Us today to explore how SutiExpense offers professional service firms like yours all the tools you need to make expense report management easier and yet much more cost-effective. And at a price that fits best into your budget.
Get started with SutiExpense today!