Category: Expense Management
Late payments have become a major problem for most organizations across the world. Failure to pay suppliers on time impacts vendor relations, which could lead to supply disruptions, and …
Rapid growth in digital technologies is remaking business procurement and is poised to transform how the supply chain function delivers value. Mainly, when coming to a software solution for …
The way you manage your AP processes can have a significant impact on your organization’s cash flow, fame, and growth. To be effective, accounts payable must be accurate, competent, …
Expense reporting is the crucial aspect that has to be managed accurately and on time in every organization. However, this is one of the non-exciting activities for employees and …
Before the pandemic, strategies focused on saving time and bringing down expenses. But now budgets, methods, and business models are being developed every week as finance teams scramble to …
Smartphones and tablets have become an essential part of our everyday life. Whether we are at the workplace or home, mobile devices hold the key to a smoother, simpler, …
Continuously evolving small businesses tend to face new challenges quite often. While a few challenges have straightforward solutions, the others may not especially those related to the company’s financial …
Corporate travel is one of the most difficult expense categories (after payroll) for organizations to manage. In addition to this, travel expense report fraud can be the gateway for …
Finance, supply chain, and procurement departments have to work together to tackle broader business challenges. Though each team has a unique function, spending decisions should be made quickly. Adapting …
Managing expenses manually can be a tedious process. When data is collected, it remains stagnant until there’s human intervention. Error-prone and clunky expense report forms, slow reimbursements, and confusing …
