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Expense report solution

How to Update Expense Policy for Remote Employees

January 11, 2021 Expense Management
Today, as more businesses implement work from home policies to protect the health of employees, a few essential changes are needed to be made. A robust travel and expense policy must ensure that all the existing business policies and responsibilities are correctly amended. As a part of the review, finance departments require to provide clear guidelines on staff expenses- what ...
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Time and Attendance System

6 Ways Automated Time and Attendance System Boosts Bottom Line Results

January 7, 2021 Human Resources
Employees are one of the key resources of an organization and the most crucial source of future innovation and business growth. Conversely, in most companies, labor costs are the biggest category of total business expenses. That’s why keeping track of employee time and attendance can have a huge impact on the bottom line. Inaccurate time tracking can lead to costly ...
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Cloud-based accounts payable solutions

Best Strategies to Streamline Accounts Payable

AP automation can enhance processes to improve productivity and save money. But, unfortunately, it’s not as easy as selecting any workflow automation system and utilize it. For the best ROI, you should put thought and effort into designing the automation procedure. One way to do it is to keep the best practices in mind when you begin. a)Ensure that the ...
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Why it is Time to Upgrade Your Expense Policy

Alleviate Fraud and Handle Expenses Effectively with Automation

Expense reports include expenditures incurred by a worker on behalf of the organization- whether during the daily course of work or towards corporate travel. Such expenses comprise of business supplies, hotel stays, meals, and travel like local transportation or flights. The traveler should provide proof of their receipt that goes into the expense report. After submitting, these expense reports will ...
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Spreadsheets Slow Down Annual Leave Processes

How Spreadsheets Slow Down Annual Leave Processes

December 14, 2020 Human Resources
Many employee-centric regulations prescribe leave quotas for staff in order to allow them to take time off work for either vacation, sickness, or maternity/paternity leave. There are other types of paid leaves such as transit, relocations, or errand leaves, and others which are organization-specific. Each type of leave has a policy either formulated by the government or by the specific ...
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Cloud-based accounts payable solutions

How Your Accounts Payable Team Can Ensure Business Continuity

Due to natural disasters, political issues, or the recent coronavirus pandemic- businesses that run processes that depend mainly on people are at risk of major disruptions. One such process operated in almost all organizations is Accounts Payable. It has been observed that above 65% of organizations have business continuity plans in place, while 80% claimed that AP automation technology would ...
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