Cloud technology will not only bring a host of benefits but lower operational costs and boost productivity at a corporate level. Technology can simplify time-consuming procedures, and so many business owners have recognized cloud technology as an inevitable transformation. Around 69% of businesses have at least one application in the cloud, experiencing a strong growth at a faster pace. As ...

Finance teams are undergoing a rapid change in organizations of all sizes. With technology on the rise, automation takes the job of accounting & administration and finance leaders will work to set the business strategy. Today, the finance industry is recognized as a center of business intelligence. The following are key takeaways from this technological advancement: Finance team isn’t at ...

Reporting travel expenses has always been a most hectic task for employees. Currency conversion is a big headache for travelers as the values tend to fluctuate from one day to another. So, how do you manage currency conversion? Is doing everything in foreign currency and converting it based on daily exchange rate a good option? And, how about the sales ...

Visibility plays a key role in expense management. If you can’t see what’s going on with business expenses, you cannot manage them effectively. Visibility has always been one of the key challenges businesses have faced when trying to control employee-based expenses. Trying to pull out any information other than the most basic data is a time-consuming task as reports have ...

It’s a known fact that tracking all your expenses, including the small expenses gives you a better idea of how you are managing your money. But, does tracking small expenses really help you? Yes, it does. The following are a few reasons why you should track small business expenses. Tracking all expenses including those like coffee will help you know ...

Corporate credit cards have become a good option for companies to combat expense fraud. Most companies use corporate cards to verify and validate business spend. As giving a card to each employee is expensive, SMEs are looking for cost-effective ways to manage employee spending. Probably, ghost card can replace corporate credit cards and can be a better option for SMEs. ...