Expense management is not just about employees preparing expense reports, gaining approvals, and getting reimbursed. There is a lot that goes in the background – analysis, forecasting, auditing, and so on. Organizations around the world are not just satisfied with the initial verification, which sometimes happens just at random. Not all expense reports are checked […]
Expense Software Makes Auditing Easy Read More »
Expense reporting need not be a tiresome and time-taking process. From optical character recognition to e-receipts to automated approvals, expense report software comes packed with features that automate expense reporting and makes it easy for all the stakeholders. Here’s how some of these automation features work: Optical Character Recognition Ever wasted time keying in data
OCR and E-receipts – Automating your Expense Reporting Read More »
Whether you own a large business or SME, you probably make deals beyond borders to extend your company globally. When your company expands, a lot of things need to be aligned to make the transition of expense management smooth. Fortunately, cloud-based expense software can help, no matter where your employees work. However, here are a
Points to Note While Creating Expense Policy Globally Read More »
Today’s financial decision-makers face more challenges in regards to enforcing a new travel and expense policy, which is why we’ve listed out a few best practices that make expense reporting a breeze. First Listen, then Learn Listening to everyone is important for organization success. It is good to review the T & E policy with
Best Expense Management Practices to Fit Modern Business Culture Read More »
It’s a known fact that you as an employee or an employer face certain problems with expense reporting, but the fact is, it is your accountants department that experiences the real problems of the expense reporting. Being at the top of the game, accounts department is finding it difficult to track employee expenses. Expense report
The Intangible Benefits of Expense Report Software to Accountants Read More »
Expense management is one of the organization’s crucial functions that require great mobile functionality. Expense management requires you to perform certain tasks while on the road such as capturing receipts, creating reports and so on. Therefore, mobile functionality can’t be ignored; in fact, it should be considered as an integral part of the expense management
Why Mobility is Critical for Expense Management Read More »
Just as your employees fit in your company culture, your corporate T & E policy should be geared to fit the same. Having a well-written and clear expense policy makes it easy for employees to understand and prevents frustration, mistakes, and best of all, fraud. As corporate travel policy provides guidance, it has to take
Creating an Expense Policy that Fits your Company Culture Read More »
Technology has empowered people to engage with businesses in new ways. With advanced technical options, people expect the same level of capabilities from travel and expense solutions. Employee expectations about spending processes and systems are rising. Employee preferences have made businesses put greater emphasis on existing T & E processes and inefficiencies, considering the timelines
Why a Cloud Expense Management Solution is the Better Choice Read More »
Beyond just making sure your employees are spending business money the right way, the expense tracking software solution also helps you determine the usage of company money by providing essential tools for detecting employee fraud. Data matters When making decisions about the company money, every piece of information you get can help. If the data
The Expense Data Advantage to Business Decision Makers Read More »
In this digital era, the usage of smartphones is increasing day by day. Earlier travelers used to take piles of documents such as tickets, itineraries, and maps with them, but now mobile phone and passport are the only essentials for a business traveler. Innovation is making travel simple and more efficient. It’s easy to stay
How Mobile Technology is Changing the Business Travel Landscape Read More »
