The rise in business expenses is forcing many organizations to take a closer look at their internal processes in order to find ways to cut costs, improve efficiency, and increase bottom line. One of the best areas is accounts payable where automation plays a key role. Automation cuts costs associated
Employee travel expense is one of the most critical areas that enterprises need to keep a close eye on. An automated system that oversees the expense management process is highly required in today’s organizations. SutiExpense is the solution for all organizations looking to simplify and automate their expense processes. The
Many organizations think of business expense management as a tactical necessity rather than a strategic opportunity. Employees see expense reporting as a boring and time consuming task. However, new innovations in expense management solutions are changing these perceptions. Cloud-based technologies make it possible to not only re-think expense management processes,
Today, employees demand access to business data anytime from anywhere and on the device they choose. Mobility improves productivity but at the same time device management and security is a challenge for business IT. Organizations can maximize their value of investment in mobility by finding the right balance between abilities,
Today, employees from higher level to field officers are demanding the ability to complete their work with mobile devices. Organizations need to adopt mobility because it improves employees’ productivity as well as the business. Mobile spends are the one of the fast growing IT costs that many organizations face. Robust
There are a lot of reasons that explain why business travel is gaining a lot of importance these days. Business expansions, on-site projects, and client meets are some of the reasons for employees to plan for business travel. Though you have some policies in place, you can’t assure whether all
The exceptional growth of wireless devices and their usage in the business have added extra cost and complexities to organizations. They need a sophisticated solution to track and manage wireless expenses while ensuring that the business wireless processes are enforced. Wireless expense management software centralizes the device ordering and provisioning
Traveling on business trips is one of the key areas where organizations are more vulnerable to fraud. When your employees are on a business trip, they may commute to a number of places that include both personal and business purpose. So, how can you figure out whether your employees are
Expense management refers to the process of managing expenses incurred during the course of work. For instance, you may be involved in overseas business travel to enhance client relations or your brand. All the expenses related to business trip needs to be reported, processed and reimbursed. Payment will vary with
Managing wireless expenses can be costly and time-consuming for any organization. In addition to the services they use, organizations can sometimes be overcharged for extra services and used without their knowledge. A best-in-class wireless expense management solution can help them gain control over their wirelesses inventory, handle invoice processing and
Mobility is changing the way organizations work, enabling employees to be productive in many ways. The rapid growth in mobile devices has become a major challenge for business IT. Especially, the personally-owned mobile devices are becoming a huge security risk. Organizations need a solution that provides more granular management than
With the expanding global economy, travel has become an important expense in many organizations. Today, employees are flying across oceans to stay in touch with their clients, attend meetings, for marketing, and so forth. As the need for international travel is constantly increasing, organizations need to manage travel time and
With hundreds of files loading in your system, it has become extremely difficult for finance department to compile every reimbursement document. As each file comes in a different format, importing all the data file formats into one accounting system is a challenge. Once the formatting is done, accountants have to
Did you ever think about controlling your business travel spending before the actual spend takes place? Yes, it is possible with the SutiExpense pre-trip authorization feature. With the feature, you can gain a detailed view on every employee business travel plan. This can help you find new opportunities to cut
Manual AP processes create a high number of errors that result in a higher cost per invoice and lower operational efficiency. An automated solution can decrease the invoice processing time and improve accuracy, and provides high visibility and control over the entire process. Online AP automation software addresses the unique
Managing expense reports is an onerous task for both employees as well as employers. As the company grows, the onerousness of expense reporting only grows, and hence the right practices have to be adopted to manage expenses the right way. On the other hand, auditors need to face a number
Corporate travelers are the face of the organization. They are the ones who go out to meet the clients and close the deals. It is important for every organization to keep them happy, and one of the best ways to do that is to reimburse their expenses in a timely
Expense management software will not just streamline the expense process but also ensures organizations meet compliance and avoids out-of-spend policy. SutiExpense will not just make this happen but can help organizations gain complete control over where the money is flowing. SutiExpense is preferred by most companies for several reasons, some
Well, we all know how smart phone has brought convenience into our lives. It is no surprise that smart devices are playing an active role in various aspects, even in expense management. Yes, mobile devices have transformed our lives by making everything more connected and simplified than ever. In this
For today’s organizations, business travel has become crucial for a plethora of reasons sales outreach, customer development, and meetings. On an average, expenses form 8-12% of the overall expense budget, which is why most organizations are looking forward to revamping existing strategies to gain better control over T&E spending. Expense
When you think of a business trip, the first thing that comes to your mind is travel. Getting suitable travel options would be difficult since there might be so many people who have planned their trip on the same day at the same time. So, you will be left with
Corporate T&E is a significant part of the organization’s overall budget. Business travelers are on the road with a good reason, building relationships with partners and developing business along the way. Organizations should make sure that their expense report process is the best it can be. Leveraging the mobile technology
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
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
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 business expenses is not a pretty good idea because it may result
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
Employee expenses turned out to be the second largest controllable costs after payroll in many organizations. If fail to manage these costs, it might result in major consequences-especially during an economic downturn. Companies need to take aggressive but intelligent measures to control costs so as to avoid problems in the
Finance leaders manage spend without real-time visibility. Expense reports arrive fragmented across departments, projects, and categories. By the time the controller aggregates the data for close, the window to address policy drift has already passed. Expense analytics platforms change that. They deliver continuous visibility into organizational spending patterns, surfacing trends,
Enterprise mobility offers the flexibility to work from any place at any time. It helps employees more efficiently manage their time, increase productivity, and be more responsive to suppliers and partners. But maximizing mobile efficiency and productivity is a tough challenge for many organizations. Adopting several best practices enable them
Wireless devices are becoming a part of the critical infrastructure across many organizations regardless of the industry. However, wireless device management has become a difficult task for organizations, and they need a solution that can solve device provisioning and management issues while offering high visibility into device status and usage.
