Travel and entertainment expenses are in the second place on the list of items difficult to control for businesses. Around 80% of employees reported that they are manually entering the T & E data, resulting in time-consuming processes and employee dissatisfaction. While other costs are monitored and analyzed by the respective controlling departments, T & E spend is left untouched ...

Business travelers and accountants have experienced the pain of travel and entertainment expense reporting. Most often, the systems used for expense report management rely on paper trails or homegrown legacy systems, neither of which overcomes the challenges of expense management in the modern workplace. Till today many organizations are struggling with outdated and inefficient processes to manage their business expenses. ...

SutiExpense software solution offers a centralized platform for employee communication and allows you to interact with peers in ways you never imagined. The solution offers many features that allow you to take control of T & E related costs. Some of the key features are as follows: Budget Controls Our expense management solution allows you to import cost-center or project ...

Business travel has become a crucial factor in strategic corporate planning. With more than 70% of organizations viewing T & E expense management as a strategic function, it has become quite important to link the spending and ramifications of corporate travel with the goals and objectives of the organization. Top companies are more likely to incorporate automated analytics and business ...

You might be thinking your accounts department is doing well. However, if you are not able to measure the performance and profitability, especially when it comes to invoice approvals and payments, how can you tell? Today, productivity is a measure of success, so knowing how to evaluate the productivity throughout the P2P cycle is important. Organizations understand that an effective ...

Coming to business expense management, the policies you put in the place for your employees should be very clearly laid out, irrespective of the reason. There is no doubt that the policies will differ based on your company’s size and need, but make sure that every policy should be detailed and fair to the employees. So, here are some things ...