Business expenses matter greatly, right? Business owners realize this and agonize over every penny being spent. However, as the business grows in size, you will no longer be able to watch every dollar. The following are a few tips that help your company control costs as your business expands: Purchase consolidation & price negotiation Validating […]
5 Easy Ways to Cut Business Expenses Read More »
Most business travelers are using corporate credit cards for business transactions today. By using credit cards, business travel expenses can be quickly and easily managed. Apart from this, credit cards ensure secure transactions and give credibility to business transactions. Also, the usage of credit cards will ensure T&E policy compliance and takes expense management to
How Credit Card Feeds will Take your Expense Reporting to the Next Level Read More »
You need not to be an expert to understand that hotel and airfare prices change dramatically every now and then. The price you paid today may not be the same when you see it tomorrow. Sometimes you will be surprised by knowing the importance of price fluctuations. Are your employees getting all the amenities they’re
Analyzing your Travel Data is a Way to Save Costs Read More »
The usage of mobile device to book travel is on rise, which means it is getting more difficult for finance managers to ensure compliance and manage spending. With digital disruption taking giant leaps, it has become very important for financial managers to implement T&E solutions that simplify processes and gain access to actionable data. Embracing
How Digital Disruption is Changing the Face of T&E Solutions Read More »
Do you know what makes employees better comply with T & E policies? A simple T & E solution would be of no use if it does not support the following features: Integrated mobile application Connecting with T & E system via a mobile application is one of the effective ways to make employees comply
Modern T & E Solutions for Enterprises Read More »
In many organizations, corporate travel management and expenses are considered two different functions and are handled separately. Expenses are processed by the accounts department while travel management is responsible for buying travel and oversee the travel program. Finally, both may go to finance, but running these two processes are worlds apart. Most businesses don’t link
Why Integrating T&E Matters Read More »
SutiExpense is an end-to-end expense report software solution that deals with all the aspects of expense management. The solution can be easily integrated with complementary applications and other third-party solutions to help organizations better manage their processes. In this post, we will take a look at some integrations which help the solution serve you better.
Travel Booking Portal, Online Signature, and Other Integrations to SutiExpense Read More »
T&E is a tedious process that wastes employees’ time, and therefore, automation in the process is welcomed by all the stakeholders. Here are some areas in T&E where automation really helps: Report filling Expense reports have to be filled by employees on their return from trips. This is one of the most tedious areas of
Some Areas in T&E where Automation Works Great Read More »
Sometimes your employees have to travel overseas to meet prospects and clients. Here, currency exchange makes your expense reimbursement complex if not managed properly. As there will be fluctuations in the currency rates, it can be really difficult to track expenses while on a business trip. To overcome such obstacles and make the travel expense
Currency Exchange Rate: Does it Impact your T & E Management? Read More »
Business expenditure is considered differently by the IRS. While creating expense forms, you should make it easy for employees to report expenses by function. The ideal way to do this is to create a classification system that categorizes expenses into types. When an employee reports business expenditure, ensure that you are making proper deductions, claiming
Creating Expense Forms – What You Should Know Read More »
