expense management software

Time is a valuable commodity. In an organization, there are processes and procedures, some of them vital to the survival of the organization and some ancillary. Some take up a lot of time and some don’t. Of course, a vital business function taking a lot of time is understandable but when it comes to ancillary […]

Compliance with corporate policies and low processing costs constitute an efficient expense management solution. Corporate travel policy compliance is difficult to achieve with limited visibility into expenses. What’s needed are real-time updates on spend patterns within organizations and consistent reporting. Tracking expenses is easy with software because updates are received in real-time. Expense management solutions

Understanding corporate spend is an important aspect of expense management. Prioritizing expense reporting is a good way for organizations to ensure savings and build revenue. But what does it take to achieve a sustainable expense solution that benefits both the employer and employees?  Data assimilation is the answer. Organizations must use a robust solution to

When we talk about expense report software and its benefits, we generally look at what the organization as a whole gains from deploying the software. Improved productivity, streamlined workflows, and ROI on the software come up in the context of the organization. But what do the various individuals involved in the process gain from it?

Almost every organization has some kind of an expense management process in place. However, many of them do not care to define and implement something equally important – an expense management policy. Expense management is a long-winded process that needs buy-in from several different stakeholders; lack of a clearly defined expense management policy can have

Efficient travel and expense management is a must for every organization. After all, every organization has a fair number of employees who travel on business purposes and managing their expenses is the responsibility of the organization. This process throws up a lot of challenges for T&E professionals, and if remedies are not sought immediately, they

Travel and expense management in any organization has its own set of challenges. Some of these arise due to the nature of the process, some man-made, some trivial, and some serious. Whatever the cause, these challenges can have an adverse effect on the organization’s bottom line. In this post, we’ll take a look at some

Any employee who travels on official business has to report all his expenses to claim them later. These expense reports list down all the expenses incurred by the employee in the course of his travel and each expense has to be backed by its receipt as proof. Receipt audit is the act of cross-checking an