The expense report process is not only about expense reports; it includes things like defining compliance, travel policy, approval process, and much more. Following the best industry practices will not only make the employee experience better but also save time and money. There are many ways through which this can be done. Let’s take a […]
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Today, accounts payable is not just responsible for making payments, in fact, they forecast cash flow, streamline payment processes, track supplier payments and manage different payment channels. The larger the company grows, the more responsibilities the accounts payable department has to handle. Automated accounts payable (AP) software will help you better deal with challenges AP
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When you have global operations, you will have multiple regions, business units and teams managing various aspects of the finance department. Centralizing all the business operations eliminates redundancies and put resources to better use. Manage Finance Operations Through Centralization Centralizing finance procedures provides a greater level of efficiency and offer the organization better control. The
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Businesses possess a hunger to know what people are talking about their brand online. Why they are talking? Is it a positive or negative vibe? How people rate their business? What is the feedback? What they really like about your product or service? Do they have any suggestions for the betterment of the products? To
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Managing business expenses means tracking piles of paper receipts, shoe-boxing receipts and verifying and validating receipts. This does not have to be the same. With proper planning, corporate travel policy, and expense report software, you can curtail employee expense fraud. The following are five strategies that help you spot fraud in expense management in your
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Most of the expense reporting errors will occur with an outdated reporting system. Modern expense report software can track spending better, saving you more money and ensuring compliance. With many financial pressures, travel and expense management can’t be overlooked in a company. The following are three travel and expense reporting features that will help you
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How to prevent extravagant spending? If this is on top of your head, you will have to take appropriate steps to prevent this from creating problems in the future. Multiple cash purchases, perky spending, and bulk trips submitted are just a few reasons for extravagant spending. Whether these habits are borne out of frustration from
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According to Winston Churchill “Success is not final, failure is not fatal: It is the courage to continue that counts.”When directly providing a quote, a source is required. Winston Churchill What is hub? “Social media is creating quite……….” Social media hub is an overview of all the activities happening on social media channels like Facebok,
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In most organizations, employees often travel on business trips. Whether the purpose of the business trip is to visit a client or boost the partnership, it is important to ensure travelers have what they need to make their journey successful. With so much corporate travel taking place, it is important your employees are supported with
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Business traveling still occupies a major role in several corporate organizations as it yields various benefits to companies. It helps enterprises in a new business expansion, meeting new clients in person, scoping where to market your business, learning about new trends and markets, and analyzing how others are conducting the business. Although traveling yields new
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