Expense management refers to the process of managing expenses incurred during the course of work. For instance, you may be involved in overseas business travel to enhance client relations or your brand. All the expenses related to business trip needs to be reported, processed and reimbursed. Payment will vary with
Managing wireless expenses can be costly and time-consuming for any organization. In addition to the services they use, organizations can sometimes be overcharged for extra services and used without their knowledge. A best-in-class wireless expense management solution can help them gain control over their wirelesses inventory, handle invoice processing and
Mobility is changing the way organizations work, enabling employees to be productive in many ways. The rapid growth in mobile devices has become a major challenge for business IT. Especially, the personally-owned mobile devices are becoming a huge security risk. Organizations need a solution that provides more granular management than
The potential problems associated with the manual expense reporting process are many, the biggest being the time and effort required to complete the expense reports, process it, and enter it for payment. By using advanced technology, organizations can substantially improve and streamline employee expense reporting. Expense report software automates everything,
According to the Chrome River Survey, expense fraud costs around $2.8 billion per year to US employers. On average, $2448 worth of fraud is being claimed by employees each year. Who Commits Fraud? Reportedly, 73% of men and 27% of women commit fraud. Companies with more than 390 employees are
With the expanding global economy, travel has become an important expense in many organizations. Today, employees are flying across oceans to stay in touch with their clients, attend meetings, for marketing, and so forth. As the need for international travel is constantly increasing, organizations need to manage travel time and
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