For many employees, corporate travel has become a significant part of life. Today, more than 45% of organizations have a labor force that travels at least one week per year. The rest 28% of companies noted that their staff travels at least four weeks every year. With so many business-sponsored trips taking place, managers and […]
Making Life Easier with Automated Expense Reporting Read More »
3 Ways for Efficient Expense Management Finance department gets countless expense reports. Processing and quickly saving expense reports into the accounting software would require you to spend more time. This is how expense management looks like in most organizations which, if you are managing this way, you will not have real-time insight into business expenses.
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Evidently, employee-initiated expenses turned out as the second largest controllable cost after payroll in many enterprises. Managing those costs actively but wisely is very important as the risks associated with failing to do so would result in economic turn-down. Getting maximum value for the money you spend is the key to business success. Corporate travel
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Effective expense management starts with a good expense policy. The real challenge is to make all employees stick to the company norms. Thanks to expense report software for making it easy to ensure compliance. You can make your employees comply with the T & E policy by implementing business rules with your expense software. Setting
Ensuring T & E Policy Compliance with Business Rules Read More »
With company’s expenditure increasing with each passing day, it is very important for organizations to manage the expense reporting process efficiently. However, many continue to face challenges in travel and expense procedure due to various reasons such as manual data entry, inefficient processes, lack of transparency and many more, with out of spend expenses ranking
Overcome travel and expense inefficiencies with automated expense report software Read More »
During the course of business, you may encounter a number of expenses all the way and these will differ from business to business. It is important to track and record all these expenses accurately. The figures will help you calculate profits and know about deductable expenses. Keeping track of all expenses throughout the year is
SutiExpense integration with Freshbooks makes your accounting process easy Read More »
Enterprises look for more ways to automate operations and simplify their business processes. Of all the latest technological inventions, cloud and mobile together drive speed and efficiency in any organization to a greater extent. This has become true in almost all the areas, especially in expense management. Expense management is one of the most critical
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The traditional expense management process requires a huge amount of manual intervention to properly validate spends against business policy and ensure that those spends are routed to the appropriate approvers prior to payment. It costs a lot of money in company capital to support this business process, which also lacks stability, visibility, and process continuity.
Centralized Process Simplifies Your Business Travel Expense Management Read More »
Business professionals travel often to expand and improve the business. Travel expenses are one of the categories that constitute a major part of the organization’s overall budget. Expense report software helps business travelers organize and record receipts for all corporate spends. The robust software simplifies expense submission, approval and reimbursement process, and also offers advanced
Standardize Expense Reporting and Improve Employee Experience Read More »
Cloud computing and Software as a Service (SaaS) are today gaining more and more acceptance and adoption. By clearly highlighting the various benefits of the SaaS method of delivery, service providers have succeeded in gaining customers. Today, there exist millions of software applications in the marketplace, and customers have a lot of choice while picking
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