The management of expenses is an inevitable component of organizations to enhance their overall profitability. As part of expense management, they need to keep a tab on the cost of every business activity. Moreover, the employees must submit expense reports for reimbursements. So as you can see, all these things can be pretty complex in […]
How does Expense Management Software Simplify Corporate Travel? Read More »
Maintaining the productivity levels of your team remains an issue of concern to date. Between downtime during tours and in between meetings, it is customary to slip into a less-productive routine. A professional conference travel agency always ensures that your team members can maintain the highest standards of productivity if anything urgent comes up. However,
How can Global Corporate Travelers improve Work Productivity with Expense Software? Read More »
Most companies from different domains have one similar concern, i.e., how to manage their business expenses. No doubt that it is simply impossible to acquire satisfaction by manual processes, handwritten notes, and paper receipts. Hence nothing but the advanced software that is piled up with unique features can become beneficial. This is where expense management
What Features And Capabilities Make Expense Management Software A Profitable Inclusion? Read More »
Digital transformation has been a hot topic of discussion among business owners for quite some time now. Expense management is an integral component when the context is about digitalizing your business processes. Most organizations out there have the tools to substitute hybrid paper-related approaches with digital ones. But when it comes to expense management, a
How to Avoid Pitfalls While Implementing Expense Management Software Read More »
Do you know that expense management automation can help with faster reimbursements and decrease the overall expense processing costs? There is no denying the fact that expense management automation is an ideal way to bolster business ROI. It also helps with the enhancement of the bottom-line profitability. Often, we witness companies implementing significant changes only
Why Expense Management Automation is a Secret Weapon in the Business World? Read More »
Enterprises create various policies such as IT security policy, HR policy, and more to effectively manage business operations. While creating policies for supporting business continuity, firms often overlook the Travel and Expense (T&E) policy that can highly impact the company’s spending, culture, and overall satisfaction of the employees. The T&E policy-based approach contributes to a
How to Create a Right Travel & Expense Policy for Your Company Read More »
Expense fraud ranks as the most common type of staff fraud. With an estimated 7% of revenues usually lost to fraudulent activities around the world, this fraud accounts for 15% of all the fraud uncovered. Employees will seek to benefit at the expense of their manager for one reason or another. But each inappropriate expense
Recognize and Mitigate Expense Fraud in Business Read More »
Business travel management has become more challenging after the recent pandemic. COVID-19 has significantly changed the corporate travel landscape, bringing in new difficulties and unknowns while the usual demands of the job remain everywhere. Though we cannot predict the future, there is no-doubt that pandemic will have a long-term impact on the corporate travel experience
Managing Business Travel and Expenses in a Covid-19 World and Beyond Read More »
Today, as more businesses implement work from home policies to protect the health of employees, a few essential changes are needed to be made. A robust travel and expense policy must ensure that all the existing business policies and responsibilities are correctly amended. As a part of the review, finance departments require to provide clear
How to Update Expense Policy for Remote Employees Read More »
Corporate travel is one of the most difficult expense categories (after payroll) for organizations to manage. In addition to this, travel expense report fraud can be the gateway for many other problems. A well-executed travel expense audit helps you control expense report fraud and save money for your business. How to Implement the Travel Expense
Travel Expense Audit: How to Manage It Efficiently Read More »
