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Expense Management

AP Automation Software - SutiAP

3 Accounts Payable Software Features Your Business Need

Expense Management, Spend Management /

Today, businesses are increasingly turning to automate their Accounts Payable (AP) processes. However, you have to carefully evaluate your business requirements before choosing the right software. Here are three key features you should look for in AP software when purchasing the solution: Invoice Capabilities Getting paid on time is very important. Deploying robust invoice solution […]

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Expense Report Software - SutiExpense

3 Ways Expense Report Software Cuts Business Travel Costs

Expense Management /

Employee travel and entertainment expenses typically cost 10-12 percent of overall business operating costs. From reducing expense report processing costs to eliminating out-of-policy claims, there are a number of areas where expense report software can help organizations cut costs. In addition, analytical insight and the ability to drill down thousands of individual transactions can help

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Expense Report Software

Top Reasons for Considering Expense Report Software

Expense Management, Spend Management /

Expense management might not be the hot topic within your company, but having an expense reporting system can save you a lot of time and money. Recent survey from ACFE revealed that businesses lose 5% of its revenue due to fraud every year. Expense fraud mainly happens due to non-compliance with tax regulations. Automating expense

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Travel and Expense Solution

Integrated Travel & Expense Solution Minimizes Last-minute Travel Costs

Expense Management /

It’s a known fact that last-minute business travel will cost more to businesses. So, how can travel policies and travel management solutions reduce last-minute business travel costs? Recent studies revealed that the best time to book airline tickets is 8-15 days prior to the trip. Companies that book within this time frame will save 18%

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Spend Management Software

How Spend Management Software Helps Your Enterprise

Expense Management, Spend Management /

Many large enterprises have manual processing of routine transactions, where a lot of time and effort are required. Sometimes, these manual calculations may also be misread or misinterpreted. Automated Spend Management systems not only ease your transaction process but makes processes way cheaper. Large global enterprises have millions of categories and processes where spend management

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Automated Accounts Payable Software

Spotting AP Fraud with 2-way and 3-way Matching Mechanisms

Expense Management, Spend Management /

Organizations of all sizes look for a simpler way to manage orders, review purchases, and get some insight into where spending is occurring. Having a purchase order system can help deal with purchase orders and make sure appropriate payment are made and inventory stays accurate. With hundreds and thousands of goods received each day, it

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Monitor Employee Spending Intelligently with Expense Report Software

3 Ways Automating Expense Report Process Makes your Job Easy

Expense Management, Spend Management /

With so many business trips occurring, it is imperative for organizations to keep track of every travel expense. This is exactly where expense report automation comes into the picture. Expense report automation will not only simplify the job of travelers but also makes it easy to track every penny being spent. Thanks to the expense

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expense report software

Metrics to Determine the Success Rate of T & E Program

Expense Management /

So, you have switched from manual to a new expense management system. How do you determine it is benefiting your business? Although everything is going smoothly, how do you know whether the transition is successful? Here are a few expense management Key Performance Indicators (KPIs) that help you benchmark yourself against your peers and take

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CRM Software - SutiCRM

The Benefits of Integrating CRM Solution with Expense Solution

CRM, Expense Management /

Business travel is equally as important as customer relationship. To expand your business, drive sales, and boost revenues, sales representatives have to travel. With employees traveling frequently in a month, it can be difficult for businesses to capture data to demonstrate the return-on-investment of their business travel. Not capturing business travel data becomes a serious

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