Writing expense reports is a tedious job for anyone and manually managing them not only waste hours but also cost businesses more money. While expenses are unavoidable, spreadsheets, paper receipts and hours of manual data entry is avoidable if the process is automated. Around 80% of organizations are relying on
Today, the nature of the AP function has changed from a cost center to value generator. Unfortunately, many AP departments are unable to evolve as they are struggling with outdated technology and manual invoice processing. Streamlining AP workflow and procure-to-pay supply chain will result in better, faster outcomes and empowers
When you look at how money is being spent enterprise-wide today, there is a real shift happening. Employees are spending more money across various spend categories and using more payment methods than ever before – such as credit cards, ghost cards, cash and P-cards. All these payment methods are managed
While some businesses understand the benefits of automating Accounts Payable (AP) processes, many are still thinking to make a switch. Following outdated AP processes can result in challenges for companies. Businesses should reduce time spent on tracking and monitoring while focusing on growing sales, expanding markets, and boosting efficiency. The
Corporate travel is at the heart of many businesses, irrespective of the size and the sector. Business travelers know the value of getting out and meeting people face-to-face, despite the cost. The challenge is to quantify the value of travel so organizations can make the investment on business travel. Many
Organizations, regardless of size, require some amount of business travel. Travel programs can help expose the value across travel spending and productivity. Giving businesses basic tools, access, and visibility needed in Travel and Expense (T & E) reporting can help reduce travel and expense costs. Furthermore, using a cloud-based travel
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