Most times employees may think about what comes and what not under a valid business expense. To overcome this confusion, some businesses have turned to prepaid credit cards to manage employee expenses much better. Though prepaid cards come with a lot of benefits, on the flip-side there are a few disadvantages. If you are planning […]
Expense Prepaid Cards- What are the pros and cons? Read More »
Organizations that have digital receipt filing in automated expense management software can achieve greater efficiency over those that rely on paper receipts. Digital receipt filing offers significant benefits to enterprises such as: Reduce mailing costs: Elimination of paper receipts mailing covers the initial cost of the digital receipt system. As every receipt is stored digitally,
Simplifying Expense Management with Digital Receipt Filling Read More »
It is easy for senior management to misuse the company’s funds. Moreover, there would sometimes be less stringent verification of their reports, which gives them the scope to submit fraudulent expense claims and get away with it. Sometimes, this would result in serious issues and could potentially be a big risk to the reputation of
Important Checks for Senior Management Expense Claims Read More »
It is quite common for an employee to travel to other countries for business purpose. Travel expenses can be more costly if they travel to another country. Manually documenting all the expenses clearly and precisely is very crucial as it involves a lot of pain to manage. You may lose papers and receipts that would
SutiExpense Auto-convert Currency Feature makes the Accountant’s Job Easy Read More »
Managing and monitoring employee initiated T&E expenses is a major area of focus for businesses both large and small. However, it should not be a difficult and time-consuming task. Having a better understanding of how expense report solutions help solve your current problems provides a foundation for ultimately choosing the best solution for your business.
Some Parameters for Choosing the Best-Suited Expense Software Read More »
Overseeing expenses and analyzing spend trends becomes difficult as companies grow in size. With a greater amount of budget going towards miscellaneous things, it is quite important for accountants to ensure transparency into company spending. Fortunately, expense report software will help you to accurately report spend trends, and plan and forecast budgets efficiently as per
Managers Vs Executives Vs Accountants: How Can Expense Report Software Ease Your Jobs? Read More »
Most companies are finding it difficult to track and manage travel & entertainment spending throughout the enterprise. In this article, we will focus on strategies that ease your job of tracking expenses by simplifying the expense reporting process. The following are a few strategies that help you keep spending in check. Implementing Mobile in T&E
Five Best Practices to Keep Business Spending In Check Read More »
If you wish to take your business expense management to the next level, think about a cloud-based solution. Finding a SaaS model makes the perfect sense in this technologically advancing world. Let’s see why a cloud-based expense management solution is the best choice for managing your expense reports. When you subscribe to a cloud solution,
Expense Management in the Cloud – Why You Should Consider It Read More »
We know how daunting it is for accountants and finance managers to keep an eye on overspending. If you are overspending, you need to go about minimizing the chance of it happening again. Take a quick look at how expense software can help manage costs of all communications across the business operations. Manage Complete Lifecycle
How an Expense Report Solution Can Minimize Operational Costs Read More »
Simply enforcing a T&E policy would not completely do away with fraudulent activities. There is a lot more you can do to control spending across your enterprise. SutiExpense provides numerous options through which you can enable various features that can control spend. Leveraging these features not only saves your money but also puts your expense
Controlling the Expense Process with Complete Customization Read More »
