Today, most businesses realize the added value of a cloud-based expense reporting system. While cloud-based accounting has been popular, expense reporting is still considered of second-tier importance. Cloud-based expense reporting solutions are quickly becoming the standard across all industries. The reasons are countless, which include: The finance department can easily connect add-ons to other parts of the internal processes. Corporate ...

So, you have made a decision and you are excited about the implementation. Moving to an automated solution can be scary and stressful. Switching from manual to cloud-based expense solutions can be a great start for your company. The automated solution will make your job easier, and cut down the training time. Let’s see how you can adapt to cloud-based ...

Automating your expense, travel, and invoice management processes will improve your bottom line. The key benefit to automating expense reporting processes is the ability to store all your data in a centralized location. Let’s see some reasons how your business can benefit from automation: Centralization Gives Complete Visibility and Control The ability to see and report company-wide spending from a ...

Mileage fraud is one of the most common frauds happening in the industry. Whenever employees use personal vehicles for business purposes – mileage fraud happens. According to a global study, around 47% of business travelers commit mileage fraud by falsifying or exaggerating their mileage costs. Rounding up expense claims have become the most common form of fraud committed by employees. ...

Business travel, expense, and invoice landscape has been experiencing a rapid change due to emerging technologies, increasing employee expectations, and globalization. Let’s take a look at the travel and expense trends that will shape businesses in the upcoming year. Paper-Based Expense Reports Have Gone Extinct As technologies become more integrated into the travel and expense industry, expense reporting will take ...

Employee initiated spending can happen in many ways. Therefore, it’s time to rethink your company’s strategy to thrive in today’s business environment. Automating your finance procedures is an important step and research shows that expense report automation is the key to business success. SMBs recognize the need to improve overall T & E processes to enable employees to track expenses ...