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Spend Management

Automating Accounts Payable Software

Addressing the Manual Accounts Payable Tasks with Automation

Spend Management /

Many businesses still follow traditional methods of managing accounts payable processes. Manual processes are time-consuming and erroneous, requiring you to pay careful attention to detail. The four major pain points in accounts payable processes are: · Invoice capturing and data entry · Invoice approvals · Invoice-PO matching · Signing paper documents including checks Accounts payable […]

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Corporate Cards Eradicate Business Fraud

How Can Corporate Cards Eradicate Expense Fraud?

Expense Management, Spend Management /

Most of the employees are frustrated by the expense reporting process; they spend money out-of-pocket and claiming back involves stapling a receipt to spreadsheet, getting authorization from manager and posting it off to head office. Certainly, this process involves paperwork and would lead to potential errors and expense fraud. Expense fraud is one of the

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Uncover Hidden Savings Opportunities Using Expense Software

Expense Management, Spend Management /

Controlling corporate travel and expense costs requires you to have visibility into the data so the spending patterns can be easily analyzed and appropriate actions can be taken. Having more data makes it challenging to analyze the spending patterns and makes the data analysis complex. Reports help you to review and analyze the data, so

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Driving Cost Savings with Expense Reporting Process Automation

Expense Management, Spend Management /

When it comes to spend management, there is no room for errors, and you can accurately forecast, and budget when you invest in expense software. This process requires every expense report to be submitted in a timely fashion, and every vendor invoice must be accounted for. Process inefficiencies exist when things are running manually. These

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manual expense reporting

Pitfalls of Using Manual Expense Reporting

Expense Management, Spend Management /

Today, many organizations are still stuck using a manual expense reporting system. Does your organization still follow the paper-based, tedious, or a homegrown solution with Excel spreadsheets and email routing rules? Such outdated and manual systems are prone to errors and can cost you high in terms of productivity and money. Here, we present the

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Expense Reporting Systems

Things You Must Know about Expense Reporting Systems

Expense Management, Spend Management /

Traditional expense reporting tools include tedious processing cycles, error-prone, and paper receipts. There has been considerable technological development over the past few years. Many tech-savvy employees have started demanding a technological overhaul in each aspect of the financial management process involving expense reporting and expense management. This growing technological landscape creates a huge demand for

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