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How Expense Automation Impacts Your Business?

Key Findings about Expense Fraud Every Business Owner should Know

According to the Chrome River Survey, expense fraud costs around $2.8 billion per year to US employers. On average, $2448 worth of fraud is being claimed by employees each year. Who Commits Fraud?   Reportedly, 73% of men and 27% of women commit fraud. Companies with more than 390 employees are more vulnerable to fraud. More importantly, white-collar and non-managerial employees ...
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Cutting-edge Technology for World-class Business Travel Management

With the expanding global economy, travel has become an important expense in many organizations. Today, employees are flying across oceans to stay in touch with their clients, attend meetings, for marketing, and so forth. As the need for international travel is constantly increasing, organizations need to manage travel time and track employee spends. Best-in-class expense report software tracks every phase ...
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SutiExpense Integrates with ACH Payment System to Speed Up the Expense Reimbursement Process

With hundreds of files loading in your system, it has become extremely difficult for finance department to compile every reimbursement document. As each file comes in a different format, importing all the data file formats into one accounting system is a challenge. Once the formatting is done, accountants have to review the files and start reimbursement process. This process may ...
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