Technology has empowered people to engage with businesses in new ways. With advanced technical options, people expect the same level of capabilities from travel and expense solutions. Employee expectations about spending processes and systems are rising. Employee preferences have made businesses put greater emphasis on existing T & E processes and inefficiencies, considering the timelines for submissions & approvals, inaccuracies, ...

Beyond just making sure your employees are spending business money the right way, the expense tracking software solution also helps you determine the usage of company money by providing essential tools for detecting employee fraud. Data matters When making decisions about the company money, every piece of information you get can help. If the data is up-to-date and accurate, then ...

In this digital era, the usage of smartphones is increasing day by day. Earlier travelers used to take piles of documents such as tickets, itineraries, and maps with them, but now mobile phone and passport are the only essentials for a business traveler. Innovation is making travel simple and more efficient. It’s easy to stay connected with mobile devices as ...

While an automated expense management system can ease life for business travelers, it can also do wonders for finance and accounting departments. Not every expense system has this capability, hence you need a platform that can integrate with the finance and accounting system. Finance and accounting features Finance and accounting team is responsible for paying taxes, recognizing revenue, entering sales, ...

To manage expenses effectively, businesses require a new wave of approaches that can handle the complex spend category. Besides having end-to-end an expense management system, organizations should align certain processes and adapt certain strategies to drive value out of expense management. Process management, knowledge management, and performance management are a few such viable considerations for businesses for years to come: ...

It’s been around 50 years since spreadsheets were invented but they are still being used by many companies to track their employee expenses. Despite the emergence of cloud-based solutions, companies continue to work with spreadsheets. But, spreadsheets cannot offer the efficiency that automated expense software does. Here’s a look at some areas where spreadsheets are starting to show their age: ...