Here are some new features of the latest version of SutiExpense that will enhance user experience in working with the application: OCR technology is used to read the receipt data and the read data can be edited if required. You can add transactions made from your personal card to
Whenever the finance team encounters a problem, they check through a number of forms and receipts to search fraudulent and exaggerated expenses that pose compliance risk. As this requires a lot of time and resources, many organizations simply accept minor errors and expense fraud. But, most of the problems are
Although corporate card programs make corporate spend better and easy, they still leave a number of hassles for cardholders and administrators when you consider expense reporting. Companies that tied up with corporate card programs can now review, approve and pay corporate card expenses in a just a click away. However,
It is obvious that automating expense procedures prevents expense fraud. The truth is that expense fraud is associated with other kinds of business fraud, which means it is evident that evading expense fraud can cut down business fraud. Apparently, fraud costs around 5% of business revenue. Around 15% of fraud
Does your application allow you to submit expenses on behalf of others? If no, then you might consider choosing an expense report software that will. Today’s expense applications support delegate and alternate approvers, offering an easy way to manage the expense reporting process. The delegate feature allows you to capture
Every year, you look at trends for how to manage business processes better. Accounts payable processes is one key functional area in business that still needs perfection. One technology that is helping business with accounts payable is the cloud. In 2016, most businesses have adopted cloud technology, making it easy
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