Today’s financial decision-makers face more challenges in regards to enforcing a new travel and expense policy, which is why we’ve listed out a few best practices that make expense reporting a breeze. First Listen, then Learn Listening to everyone is important for organization success. It is good to review the T & E policy with people across the organization to ...

It’s a known fact that you as an employee or an employer face certain problems with expense reporting, but the fact is, it is your accountants department that experiences the real problems of the expense reporting. Being at the top of the game, accounts department is finding it difficult to track employee expenses. Expense report software can erase the blues ...

Expense management is one of the organization’s crucial functions that require great mobile functionality. Expense management requires you to perform certain tasks while on the road such as capturing receipts, creating reports and so on. Therefore, mobile functionality can’t be ignored; in fact, it should be considered as an integral part of the expense management solution. Now that business travelers ...

Financial managers are expected to have greater control and visibility over the entire procure-to-pay processes. As the P2P process is one complex business process, businesses need to take an integrated approach to free up working capital and create more agile finance operations. This can be achieved by making e-procurement and accounts payable work together from the way the product is ...

Although AP is not the key focus of CFOs’ day-to-day activities, leveraging the power of AP automation can turn this department from a cost center to a revenue generator. However, CFOs should consider four things to realize the full value that accounts payable software brings to the business: Take advantage of early payment discounts Savvy CFOs know that digitizing the ...

Just as your employees fit in your company culture, your corporate T & E policy should be geared to fit the same. Having a well-written and clear expense policy makes it easy for employees to understand and prevents frustration, mistakes, and best of all, fraud. As corporate travel policy provides guidance, it has to take the guesswork out of filling ...