Every industry has undergone major changes as technology evolves. Similarly, expense management industry has undergone some advancements as technology evolves. The first era of expense management was receipts stapled to expense reports. This really created a pain for corporate travelers and made the process cumbersome moving through the approval and reimbursement processes. The second phase was the introduction of expense ...

Accounting is all about sales, invoices, bills, payments, paychecks, and taxes. Falling behind on any of these aspects would result in unhappy customers and vendors. However, keeping up with business processes means automating your internal procedures. We are seeing the benefits of automation in almost every industry. So, let us see how automation takes the painstaking tasks out of the ...

Most companies often face several challenges when it comes to expense management. Let us take a look at some issues that are going to impact the expense industry. Here are the key trends that impact the expense industry in the upcoming years. Realize that Corporate Credit Cards can Control Fraud Expense fraud is a continuous challenge for many businesses, particularly ...

If you are stuck managing day-to-day operations of a growing business, you will fall behind in spotting industry trends and predicting corporate travel trends. Business leaders should carefully monitor the upcoming trends to get out of any surprises and to ensure that the business is best prepared to navigate in 2018. This is something applicable to expense management and especially ...

The right expense report software is what makes it easy for small businesses to streamline the processes while allowing you to keep tabs on your cashflow. Expenses you should track such as meals, entertainment, travel, mileage, and other miscellaneous items will fall under operating expenses. This kind of variable expenses can get out of hand easily when you don’t have ...

Today, organizations look for speed and agility besides having scalable and cost-effective solutions. Modern financial leaders should adopt a cloud strategy that drives productivity and innovation with data centralization. More than just digitizing business processes, companies should rethink processes, and business models to align with a mobile-friendly cloud-based model. By having a structured approach and proven strategies, organizations can start ...