There is no joy in delaying expense reporting where managers have to keep asking employees for reports continuously for reimbursement. However, think about the long and tiresome process of reporting expenses on paper- writing down all the expenses, gathering those receipts, filing them properly, and finally submitting them to your manager. Few organizations all over the world still maintain spreadsheets ...

An organization will have around eight to nine thousand travel reports for reimbursement in a year. The biggest challenges of the expense reporting process is timely approval of reports and policy compliance. With the approvers and finance department spread across different business units, it is difficult to track all receipts and spreadsheets while controlling the approval process. Manual processing makes ...

The demands of corporate travelers are becoming more challenging day by day and for some travel managers, the travel costs are rising. There is also stiff competition from local travel agencies that provide a variety of attractive services online for consumers. So, the role of a travel manager is constantly changing and has become very complex. Here, we present some ...

Controlling travel expenses of employees when costs are being incurred in overseas is one of the major challenges that managers are facing today. Diverse currencies and different legal systems add to the complexities of expense management. Expense fraud is another notable problem caused by insincere employees who take advantage of and do not utilize expense management properly. Processing travel expenses ...

Do you spend too much time reviewing and approving employee travel expenses? At times, travel and expense policies are too confusing, making it difficult for employees to claim expenses. Too many organizations have out-of-date policies and procedures that no longer work. This can result in duplicate expense claims, questionable expenses and fraud, not to mention the amount of time the ...

Today, there are numerous corporate payment methods available and selecting the right payment method for your unique enterprise can be a challenging task. Corporate credit cards have historically been the best choice for the business travelers as they are easy to use on the go, but alternative payment methods are also gaining popularity with technological advances. Are Corporate Cards Really ...