Employee travel and expense, when managed efficiently, has the potential to save the organization hundreds of thousands, even millions of dollars. However, most organizations still use outdated traditional practices when managing travel bookings, expense reporting, or expense reimbursement which makes the process cost and labor intensive, error-prone, and cumbersome. In
We don’t have a reliable way of tracking our employees’ time and attendance. Our employees are taking advantage of this situation by coming in late and going out early. Buddy punching is a major issue at our office. We don’t know how to get rid of it. Maintaining and compiling
One myth about SaaS that still seems to continue to dominate public opinion is that it’s not really cost-effective. And it somehow looks to be true, as not all cost benefits are immediately obvious. Legions of people including users, industry experts, and analysts lauding SaaS as the next biggest thing
In part one of this series, we looked at several drivers of supplier risk. In this post, we’ll look at some ways to mitigate this risk. We listed down three major causes: improper supplier selection, over reliance on one/few suppliers and perpetuation of fraud by one or both parties. Here
Running a business involves making a lot of decisions, many of them critical and tough. Should I allocate budgets to this project or that project? Can I afford that long due expansion plan? A lot of this decision making depends on information and future forecasts, all built on the data
Online procurement systems help you automate the procurement cycle of your organization. This article will tell you why you need to automate your internal procurement cycle and expound the benefits of deploying advantages. Internal online procurement system must be standardized Without an efficient procurement system, employees order as and when
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