Expense Management

The use of corporate credit cards in T&E related spends is on the rise. They offer ease and distributed buying power to the employees, but also significantly increase the chances of fraud and policy misuse. Sophisticated expense report software builds both strong usage strategies and restrictions and ensures better chances for corporate card compliance. Well

Business travel has become a necessary part of corporate life for many organizations. Organizations should look to control costs and improve process speed, and are looking for solutions that streamline the expense reporting process and provide greater visibility. With its list of features and integrations, expense software does this and more. Microsoft Dynamics GP: The

In this mobile era, everything has come in handy and became much easier. Managing transactions and accessing information anytime is vital for any business. As mobile has become an integral part of life, most people prefer to manage everything right from their smart phones. Moreover, sitting in front of the laptop would not always be

Most companies process hundreds, if not thousands, of expense reports every month. Many companies focus on growing revenue while controlling company spending. The ideal way to achieve this is to eliminate the inefficiency and put an end to manual, paper-based processes. Expense automation is the best thing you can do to control and reduce operating

Many organizations face challenges in figuring out the actual billings from the fake ones in travel and expense management. Mileage expenses have long been a big area of concern for companies because employees can enter any amount without any substantiation. In the conventional system, you may lose receipts and might misplace them. This process can

Of all the business issues that require your attention, expense management tops the list of concerns in today’s scenario. A spreadsheet works well to manage employee data, client lists, information, and budgets. However, using a spreadsheet to manage expenses is not a pretty good idea because it may result in data redundancies and disparencies. Hence,

Lack of visibility and control over employee-initiated spends create an opportunity for fraud. It is stated that T&E expense fraud is the reason for significant financial losses within many organizations. A robust expense management solution offers the best ways to drive compliance and prevents fraud in T&E spends. Expense management software provides accurate, reliable, and

Managing expenses requires extensive knowledge and deep expertise in tracking & auditing financial reports. As employees are being mobile, majority of their activities involve costs, for which reimbursement has to be done. When done with spreadsheets, most organizations have reported difficulties in determining the valid claims due to insufficient information or inadequate reporting. In addition