Having an app for managing your business expenses is pretty common in businesses today. However, the type of app in terms of functionality and accessibility makes the difference. Mobile app offers the same user interface and functionality on every device, whereas, a native app offers user updates and limited functionality. This guide makes you understand […]
A Guide for Choosing Mobile Expense Report Software Read More »
Corporate travel has become the norm for many businesses today. With business travel showing such prevalence, one of the biggest T & E issues that businesses are facing is the compliance to travel policies and spending. By deploying a fully integrated travel and expense management solution, and following the best practices, organizations can meet the
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There is no joy in delaying expense reporting where managers have to keep asking employees for reports continuously for reimbursement. However, think about the long and tiresome process of reporting expenses on paper- writing down all the expenses, gathering those receipts, filing them properly, and finally submitting them to your manager. Few organizations all over
Expense Reports on Paper: Why You Should Stop Using Them Read More »
Today accounts payable is considered to be one of the most broken financial processes in all of the business. Because of this, various organizations looking to automate their accounts payable processes and solves this problem. There are numerous cases where processes surrounding AP functions need to take full advantage of all possible savings generated by
Best Practices To Automate An Accounts Payable Software Read More »
An organization will have around eight to nine thousand travel reports for reimbursement in a year. The biggest challenges of the expense reporting process is timely approval of reports and policy compliance. With the approvers and finance department spread across different business units, it is difficult to track all receipts and spreadsheets while controlling the
The Ultimate Benefits of Expense Report Software Read More »
The procurement department can create added value and profitability for the entire business; however, this value is often limited by age-old manual processes involving paper documents and time-consuming tasks. To streamline spend management, minimize purchasing costs, and increase profit, organizations should have an easy requisition creation and approval process, high visibility into their buying process,
Streamline The Procure-to-Pay Process With Automated Software Read More »
It has been predicted that international business travel spending will exceed more than $1.6 trillion by the end of 2020. There are nearly 500 million business trips per year in the United States and half of the business travelers do not inform their organization of what flights they have booked or where are they planning
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Missed payments are always there in accounts payable processes. Not sending invoices on time might be one of the reasons for this. Well, sending an invoice automatically on a periodic basis would resolve this problem. Recurring invoice feature exactly does this. A recurring invoice is something sent to merchants on a regular schedule, avoiding delayed
How Recurring Invoices Benefits Businesses? Read More »
The demands of corporate travelers are becoming more challenging day by day and for some travel managers, the travel costs are rising. There is also stiff competition from local travel agencies that provide a variety of attractive services online for consumers. So, the role of a travel manager is constantly changing and has become very
Major Challenges Faced by Travel Managers and How To Overcome Them Read More »
Controlling travel expenses of employees when costs are being incurred in overseas is one of the major challenges that managers are facing today. Diverse currencies and different legal systems add to the complexities of expense management. Expense fraud is another notable problem caused by insincere employees who take advantage of and do not utilize expense
Top 4 Ways To Manage Your Overseas Business Travel Expenses Read More »
