expense management software

To manage expenses effectively, businesses require a new wave of approaches that can handle the complex spend category. Besides having end-to-end an expense management system, organizations should align certain processes and adapt certain strategies to drive value out of expense management. Process management, knowledge management, and performance management are a few such viable considerations for

Undoubtedly corporate travel space has gained significant traction over the past few years. There is a strong correlation between professional and personal life, which is a major driver of corporate T&E management. A recent report revealed that there are three distinct trends that are shaping the face of T&E management. Mobility Most travelers are demanding

Defining an expense policy requires you to balance the fine line between cutting down unnecessary costs and setting a policy that is reasonable for employees and managers. Creating a sloppy policy will end you up with increased travel costs; on the other hand, a stringent policy will result in impractical limitations, unhappy travelers and increased

Like other business tools, an expense management system should make everyone’s job easy. Travel managers have certain requirements that a T&E solution should meet. Your business requirements can be met if you choose an expense solution that has the following five features. Intuitive interface Travel managers are responsible for providing training for employees, and hence

Are you sure your employees are complying with your corporate T&E policy? If you are unsure, this is the right time for you to act seriously as non-compliance with your corporate T&E policy will result in many problems over time. Besides considering expense management software, the following are a few steps you have to take