The right expense report software is what makes it easy for small businesses to streamline the processes while allowing you to keep tabs on your cashflow. Expenses you should track such as meals, entertainment, travel, mileage, and other miscellaneous items will fall under operating expenses. This kind of variable expenses can get out of hand […]
Choosing the Right Expense Report Software for Your Business Read More »
Today, organizations look for speed and agility besides having scalable and cost-effective solutions. Modern financial leaders should adopt a cloud strategy that drives productivity and innovation with data centralization. More than just digitizing business processes, companies should rethink processes, and business models to align with a mobile-friendly cloud-based model. By having a structured approach and
Expense Automation to Ensure Compliance Read More »
In any organization, expense reimbursement fraud can happen in a number of ways. So, which type of organization is most vulnerable and what are the best practices organizations can adopt to reduce the risk of fraudulent claims? Fraud can happen even in organizations with company wide expense reimbursement policies. If someone is not taking a
Corporate Travel Expenses: Ways to Spot Fraud Read More »
There is a startling difference between the amount of money spent by businesses using a manual process to the ones that use a fully automated expense report system. Here are a full set of reasons how expense report software will overlook the challenges of manual expense reporting system: Security With increasing volume of receipts, your
Potential Risks of Excel-Based Expense Management Read More »
Tracking supplier credit terms and paying invoices on time helps accounts payable department manage cash flow efficiently. But, this doesn’t work for travel and expense reimbursement. To provide better internal control and simplify the workflow, organizations should consider having an expense report software system. Facing The Consequences Inefficient travel and expense reporting process can affect
Expense Report Automation Alleviates Pain for Business Travelers Read More »
Automating travel and expense management can reduce costs and improve productivity, but having an effective travel and expense (T & E) policy in place can help cut overage expense claims. Digitizing travel and expense reporting processes will not only make life easier for managers and employees but also enables organizations to take a deeper look
Mobile Expense Report Software for Better T & E Management Read More »
Mobile technology is rapidly evolving and it took no time to storm the business world. With globalization and quick business expansions, many companies prefer their employees to conduct business trips in order to understand real time business sceneries, meet clients in person, and more. Whenever an employee travels to a different country or a different
Top Benefits of Mobile Expense Management Software Read More »
Evaluating your current expense reporting system and scrutinizing the processes will help you determine whether the expense report software meets your business requirements. As your business evolves, it is more important to find more productive ways to run your business successfully. Refining business procedures should be done on a regular basis to make business more
Signs it’s Time to Switch to an Expense Report System Read More »
Businesses can enforce a variety of strategies to resolve common expense reporting headaches. Although some approaches may cost money it can save company’s time and money in the long run. The following strategies might help travel managers or accounting departments that deal with reimbursement process. Customized T & E software for your business Poor visibility
How Travel & Expense Software Resolves Expense Report Headaches? Read More »
In travel and expense management, employees may engage in various fraudulent activities. You have to understand various types of fraud in order to combat how it is occurring. Reimbursement for Same Expenses When an employee sends reimbursement requests for the same expense multiple times, the audit department will find it difficult to identify such expense
Potential Possibilities of Corporate Travel Expense Fraud Read More »
