Many organizations struggle to find the right balance between reducing costs and growing their business. For some, it seems like an impossible equation, for others it’s a great challenge. Businesses tend to overlook one very crucial aspect of their daily activities when thinking about cost savings – manual tasks, and they can’t be more wrong. […]
How To Minimize Costs While Enhancing Productivity Read More »
In today’s competitive business world, smart mobile phones and video conferences are ruling the world of business. Therefore, many people question the importance of business travel because they view it as an expensive affair and fail to see the significant benefits being associated with it. However, the majority of businesses are having an opinion that
3 Money Saving Tips for a Budget Friendly Corporate Travel Read More »
Tracking travel expenses have been a challenge for any business. Reimbursement associated with per diems adds a level of complexity that decreases the process efficiency and encounter challenges in the reimbursement, billing and accounting process. Managing rates, calculating allowances, deductions and applying rules can pose major challenges to the efficient running of the expense reporting
Managing Per Diems Effectively Read More »
In today’s era, organizational competitiveness depends on the skill sets and how employees are going to use technology for organizational growth and excellence. Often, businesses rely on numerous cloud-based technologies to succeed. Cloud-based technology can help with everything, right from recruiting to expense management, sales to accounting, and more. It is always a good idea
How Automating Expense Reporting Process Improves Employee Satisfaction? Read More »
Automation can improve financial processes where the mundane, yet most time-consuming processes can be handled by technology. You may experience problems at all stages of processing and time-consuming task can delay the reimbursement process and increase the money your company spends on expense reports. There are several disadvantages that a business can face by not
Potential Risks Of Not Automating T & E Expense Reporting Process Read More »
Managing employee spending is a big challenge for large enterprises. This is due to lack of data tracking tools that can throw useful insights into employee spending. Travel expense management process is data-centric. Data flows from different sources such as employee reimbursement, accounts department, vendor invoices and credit card statements. Moreover, travel vendor choices and
Why Automation Is Critical To Control Corporate Spending? Read More »
Today, employee-initiated expenses go uncontrolled in most organizations. Not managing the expenses efficiently would result in making false decisions when it comes to expense management. Expense Report Automation Automation would allow even complex, multinational companies to automate their expense-reporting processes and enforce compliance, while reducing administrative costs and cutting down the intentional fraud. The automated
7 Features To Make Expense Reporting Process Painless Read More »
The travel and Expense (T & E) industry is evolving because of digital transformation, and now even more so with artificial intelligence. What is going to be the next driving force that will move the travel and expense industry ahead in 2018? How the trends will affect the bottom line? Top Travel and Expense Trends
2018’s Travel and Expense Trends Read More »
Technology is disrupting every industry and increasing user expectations. Employee experience is becoming critically important in business travel; reliable and easy-to-use solutions can help achieve the desired positive outcomes. The critical on-to-go solutions are travel, expense, and invoice management. Only a few companies are satisfied with their solutions within these areas. There is a lot
Empower Your Travel and Expense Management With Digitization Read More »
Is employee spending causing chaos for your business? Does your finance department spend too much time reviewing and reconciling expense reports? If you answered yes, then it is more than likely that you need to consider creating an expense policy or take some other route to seriously manage employee spending. Doing this makes the entire
Effective Expense Policy To Control Employee Spending Read More »
